Quiz 3 course 201820 spring 2018 bmal 604-b01 luo

Quiz 3 Course 201820 Spring 2018 BMAL 604-B01 LUO

Test       Quiz 3 – Course  201820 Spring 2018 BMAL 604-B01 LUO

Status   Completed

Question 1

In the U.S., the Security Exchange Commission monitors activities of exchange markets and OTC markets.

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Question 2

(_________) are used as an alternative to borrowing and lending in the Eurodollar and other offshore markets.

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Question 3

Many nations restrict hedging of their currencies due to their national and international policies and interests.

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Question 4

Only the USD and Japanese Yen are quoted by one unit price; all other currencies are quoted in one hundred units.

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Question 5

Currency arbitrage means buying a currency in one market at a (_____) price and reselling moments later in another market at a (______) price.

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Question 6

The Foreign Exchange Market is a market place where the exchange rate is determined and where transactions take place.

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Question 7

Forward rates are typically cheaper than spot rates.

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Question 8

The end result of the global competition is higher (_______) and lower (_________) for consumers.

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Question 9

The (___________) monitors the various companies and organizations that are quoted on the security exchange and make sure they meet the requirements for being listed.

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Question 10

In ideal functioning markets, speculation and (_______) assist in the reduction of unavoidable risks associated with uncertainties, such as unemployment, catastrophic losses, and diminished business revenue.

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Question 11

The (__________) approves the EU budget and seeks to coordinate the adoption of common economic, defense, and judicial policies across the EU.

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Question 12

The objective of the OECD is increasing economic welfare through  the  world by covering issues associated with social work and economic efforts within participating governments and nonparticipating governments.

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Question 13

Preferential Trade Areas are suitable in cases where economic structures in signatory nations complement one another and trade in products that do not compete with each other.

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Question 14

The (__________) examines and decides on claims brought by the European Commission against member states for noncompliance with EU laws or directives.

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Question 15

OAPEC has implemented effective measures to ensure success in different areas of supplying petroleum to nations.

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Question 16

Common market includes all of the elements of a (____________) and freedom of movement of the four factors of production.

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Question 17

The SACU goals are to maintain the free interchange of goods between signatory nations and provide for a common external tariff and a common excise tariff.

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Question 18

The major function of (_______) is to help member countries coordinate oil production in an effort to stabilize the oil market, while achieving a reasonable return on oil investment.

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Question 19

The stages of regional economic integration are as follows: Free Trade Agreement, (__________), Common Market, Economic Union, and (_________).

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Question 20

History has displayed how conflicts can affect the supply and demand of oil resources, resulting in (______) fluctuation.

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