Here are the answers to the multiple choice questions:
1. Bartering is based on the exchange of goods for goods.
2. The Bretton Woods Agreement stipulated that all members would express their currencies in gold.
3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of fixed exchange rates. The opposite is called the system of floating exchange rates.
4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be long.
5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in arbitraging.
Here are the answers to the multiple choice questions:
1. Bartering is based on the exchange of goods for goods.
2. The Bretton Woods Agreement stipulated that all members would express their currencies in gold.
3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of fixed exchange rates. The opposite is called the system of floating exchange rates.
4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be long.
5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in arbitraging.
Here are the answers to the multiple choice questions:
1. Bartering is based on the exchange of goods for goods.
2. The Bretton Woods Agreement stipulated that all members would express their currencies in gold.
3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of fixed exchange rates. The opposite is called the system of floating exchange rates.
4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be long.
5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in arbitraging.
In my opinion, I don’t agree that free trade makes rich
countries richer and poor countries poorer. Government granted and enforces cartels / monopolies make politicians and their backers richer and everyone else poorer. The developed world’s big problem is everyone in government or likely to be in government has already sold their souls to someone, to screw over the electorate. In the EU, poor countries face tariffs on their processed produce, to protect processors in the EU. Coffee is a prime example. Europeans pay more for their coffee. In fact thanks to the common agricultural policy, Europeans pay more for all their food to protect rich french farmers. Genuine free trade would reverse all that. The tricky part is standards. Safely produced food costs more to make than unsafe food. Either all products imported and export must be inspected to the same standard, which costs, or you need to ban imported food. Animal welfare regulations are particularly problematic, because you have to go and look at how they do it. The other way to sort regulations over government actions is to produce the equivalent of ratings agencies with voluntary that consumers can trust and companies wish to attain. It would take decades to all shake out. Free trade, does not by and large benefit rich over poor. It benefits everyone. That’s all my view manufacter 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …… 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …… 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …… 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …… 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …… 1. Bartering is based on the exchange of …… goods……for goods. 2. The Bretton Woods Agreement stipulated that all members would express their currencies in …gold…. 3. When central banks intervene in the foreign exchange markets at the intervention points, this is called the system of …… fixed…..exchange rates. The opposite is called the system of … floating….exchange rates. 4. If dealers buy currencies forward but do not sell forward simultaneously, their position is said to be …long…… 5. Dealers using two foreign exchange markets to benefit from rate differentials are said to engage in …arbitraging. …