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1 If the daliar depreciaice relative to the Sois frane A. Fwits choselate orill becuetse mote expenspe is the thited States D. bech A and

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1 If the daliar depreciaice relative to the Sois frane A. Fwits choselate orill becuetse mote expenspe is the thited States D. bech A and B of the above will tapect 2. The frreign enchange murket A. all af the ahose. C. is very cumperitive- b. It arpaniced at an over-the-coutere market in whict arkeral bundred dealers stand. ready til bey and sell degerite destaminated in fereigen currectits. 3. which of the Jolitowing have iwo delisery dater A. pert 1) feswand C verap 1) fitive 4 The price at which a deaber will buy another dimency. A. none of the ahove id. seding price C. ayk nrice D. hid price 3. The foceign ecchange market is where; A. interiational businesaes finalize importiesport relationshipt with tae another. B. one country's siocks are exchanged for another's, C. interriational banks make foans ki one anekhet. D. onc cotentry'd currency is traded for another's. B. one cocnitry't boinde are exchanged for abathcr's. 6. Waich of the folkowing is leasi fikely a claracteriatic of speculation A. risk tiking B. prafil mative C. exchange rafe fluctuation D. hedpinge 1. Use the following cross rale table frim nhinum following questions a) Japanese yet per GBP (JPYGBP)? (I mark) b) Japasese yen per EUR. (JPY/EUR)? (I mark) 2. After spending a week in Lendon you get an email from your friend in Japan. He can get you a very good deal on a plane ticket and wants you to meet him in Oaka next week to contimue your post-pradaation celebrafory trip. You have 17086.96 left in your purse. In monawatinn for the trio you want to exehange your Britsh pounds for Japanese yea, and How many yen will you obtain for your pound? ( 2 marks) 3. Convert the following inditeet quotes to stines quoter and threct quetes the incitce quotes (2 marks) a. Eurosel.02s: b. Rumia: Rub 3as; 50.20394 per rand. Calculate the fecrentige change in tee exchunge raise for the raind against the dollar (2 marks) 6. Around the hom. Aabuming the folluwing quoter, calculate hos a manle trader at Citioank quotes U/S. dollar per posnd National Westminster quoter curos per pound: Deutschebsusk quoes U.S. dallar per turo El zeriber

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