1.A German investor buying Hungarian Florents is given the following quote EUR/HUF 353.3468.What sort of a quote is this?

A.Indirect quote

B.Direct quote

C.A two-way quote

D.A good quote

2.A currency dealer offers the following two-way quote: USD/NOK 10.2308/12, which means?

A.The dealer is willing to buy US dollars from you at USD/NOK 10.2312 and sell you US dollars to you at USD/NOK 10.2308

B.They are confused

C.I am confused

D.The dealer is willing to buy Norweign Krones from you at USD/NOK 10.2312 and sell you Norweign Krones to you at USD/NOK 10.2308

3.A Soft Peg exchange rate regime is?

A.Where the market determines the exchange rate

B.Where a country relinquishes sovereignty over monetary policy in order to have a stable exchange rate

C.Is something other than a hard peg, soft peg or floating regime

D.Where the currency of a country is fixed to something external, but is allowed to move gradually and within a range against that external benchmark