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BUSI 604 Test 2 (Set-4), Questions And Answers, Liberty University
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BUSI 604 Test 2 (Set-4), Questions And Answers, Liberty University
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BUSI 604 Test 2 Question 1
2 out of 2 points
Trading in the OTC market occurs through a network of (_______)
unlike in securities exchanges where the (_________) conducts trading
by ordering matchmaking service on the floor on behalf of the
investor.
Selected Answer: dealers; broker
Question 2
2 out of 2 points
OTC participants trade on a physical trading floor.
Selected Answer: False
Question 3
2 out of 2 points
(_________) are used as an alternative to borrowing and lending in the
Eurodollar and other offshore markets.
Selected Answer: FX swaps
Question 4
2 out of 2 points
A bond is a certificate with a certain monetary value.
Selected Answer: True
, Question 5
2 out of 2 points
A currency board is a government’s bank and is capable of bailing out
a failing bank.
Selected Answer: False
Question 6
2 out of 2 points
Traders who (________) are taking risks (staying open) because they
buy and sell currencies based on the predicted rise and fall in price of a
given currency.
Selected Answer: speculate
Question 7
2 out of 2 points
The role of the World Bank is to supervise the exchange rate practices
of member countries and to encourage the free convertibility of any
national money into the monies of other countries.
Selected Answer: False
Question 8
0 out of 2 points
Speculators buy and sell commodities with the intention of making
profits on price differentials across global markets.
Selected Answer: False
Question 9
2 out of 2 points
Fixed exchange rates, also known as pegged exchange rates, occur
when a government or central bank ties the official exchange rate to
another country’s currency or the price of gold.
Selected Answer: True
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