The currency exchange rate for a trade done now is called a ____, while the current exchange rate for a trade to be done in the future is called a ___.

Question 1 options:

	certain rate, maybe rate
	current rate, options rate
	spot rate, forward rate
	now rate, future rate

If the exchange rate between US dollar and euro is $1.15/euro, then the exchange rate for buying dollar is euro____/$.

Give your answer with TWO decimals.

Your Answer:

If the exchange rate between Canadian and US dollars goes from USD 0.95/CAD to USD 0.87/CAD (CAD - Canadian dollar, USD - US dollar), the US dollar ____ and the Canadian dollar _____.

Question 3 options:

	appreciated, depreciated
	depreciated, appreciated
	depreciated, depreciated
	appreciated, appreciated

If a burger costs 22 Chinese yuan and the exchange rate is 6.38 yuan/$, how much would this burger cost in US dollars? (Rounding off to two decimals)

Question 4 options:

	$0.29
	$1.40
	$3.45
	$140.36

f the value of the US dollar appreciates, then US exports will tend to ____ and US imports will tend to ____.

Question 5 options:

	decrease, increase
	increase, decrease
	decrease, decrease
	increase, increase