Question 13 Not yet answered Points out of 1.0 F Flag question What concept does the following graph illustrate? Value of currency in the FX Derny Quantity Select one O a As the currency depreciates, the quantity of the currency demanded increases Ob. As the currency appreciates, the quantity of the currency supplied increases As the currency depreciates, the quantity of the currency demanded decreases. Od. As the currency appreciates, the quantity of the currency supplied decreases You own a local company. In the past year you successfully expanded your sales market into Europe and you now have profits and cash denominated in euros. You want to convert the euros to your home country currency to repatriate the profits and pay taxes. You are Question 14 Not yet answered Point out of 10 Hay question Select one O a. netrauit mert the aumne to the home You own a local company. In the past year, you successfully expanded your sales market into Europe, and you now have profits and cash denominated in euros. You want to convert the euros to your home country currency to repatriate the profits and pay taxes. You are Question 14 Not yet answered Points out of 10 F Flag question Select one: O a. not required to convert the euros to the home currency to pay taxes ob. a demander of the euro in the foreign exchange market OG a supplier of your home country's currency in the foreign exchange market Od a demander of your home country's currency in the foreign exchange market. Between yesterday and today, the US dollar has depreciated against the yen One of the impacts of this will be Question 15 Not yer answered Points out of 10 7 Flag question Select one: O a US-made goods that sell in Japan will be more expensive O b. US-made goods that sell in the United States will be more expensive. O c. Japanese-made goods that sell in the United States will be more expensive O d. nothing there will be no impact on the price of goods flowing between the United States and Japan Previous page Next page Question 16 When an economy sees higher real, nisk-adjusted interest rates, it will most likely experience an) currency will in demand for its currency in the foreign exchange market, and the value of its Not yet answered Points out of 10 Rag question Select one: . decrease; depreciate O b. decrease; appreciate Oc increase; depreciate O d. increase; appreciate The European Central Bank (ECB), the central bank of the Eurozone, has determined that the euro is overvalued (has appreciated too much) relative to various other important currencies around the world. In order to help stabilize the euro in an attempt to keep it from appreciating more, the ECB might Question 17 Not yet answered Points out of 10 P Flag question Select one O a. sell euros in the foreign exchange market O b. buy euros in the foreign exchange market. OC sell all the noneuro currencies it holds and keep the euros it holds O d. sell the currencies it holds that compete most directly with the euro Questo 18 Between yesterday and today, the US dollar has appreciated against the yen One of the impacts of this will be answered Calart - Question 21 When calculating the US Balance of Payments, if the Current and Capital account transactions do not balance with the Financial account transactions, Not yet answered Points out of 10 Flag question Select one: O a. a statistical discrepancy adjustment may be required O b. this indicates that there is a trade deficit O cthis indicates there is a trade surplus O d. an error has occurred because these accounts always balance Question 22 Special Drawing Rights (SDR) Not yet answered Points out of 10 Flag question Select one: O a represents an international currency created by the IMF O b. represents an international currency created by the World Bank O c represents an international currency created by the Federal Reserve O d. represents an international currency created by the ECB Question 23 In the FX market, when the EUR/CHF rate went from 1.2001 to 0.9775, this meant that Not yet answered Points out of 1.0 Frag question Select one O a. the euro depreciated relative to the Swiss franc O b. the euro appreciated relative to the Swiss franc O c. the Swiss franc depreciated relative to the euro O d.one euro could buy more Swiss francs