A spot exchange transaction involving the Canadian dollar traded against the U.S. dollar i
A.one business day
B.two business day
C.three business days
D.four business days
A.one business day
B.two business day
C.three business days
D.four business days
From the passage we can infer that
A.electronic mail will soon play a dominant role in transmitting messages.
B.it will become mere difficult for people to keep secrets in an information era.
C.people will spend less time holding meetings or conferences.
D.events will be reported on the spot mainly through satellites.
A.some occasion
B.a period
C.a spot
D.a particular day
(3)
A.Forward transactions is not of typical foreign exchange transactions.
B.Typical foreign exchange transactions occur in the spot or cash market.
C.Forward transactions don't occur in the spot or cash market.
D.Typical foreign exchange transactions occur only in the spot market.
A.Increase
B.Decrease
C.constant
D.uncertain
A.increases
B.decreases
C.remains unchanged
D.converges to zero
A.low interest rate in A country will increase the spot exchange rate of the current
B.low interest rate in A country will increase the forward exchange rate of the currency
C.low interest rate in a country will lead to a decline in the spot foreign exchange rate
D.low interest rate in a country will lead to a rise in the forward foreign exchange rate
A.True
B.False
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