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Question
A foreign exchange rate are best described asa. the cost of a unit of foreign currency.
b. the current interest rates of varying countries.
c. the cost of a unit of one currency in terms of another currency.
d. the expected change in prices of international goods.
Answer
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Related questions
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In recent years, know-your-clients (KYC) is required by international financial regulators. In the U.S., what is the act that requires financial institutions to share information about customer identities with appropriate government agencies?
a. The USA Patriot Act
b. The Sarbanes-Oxley Act
c. The 9/11 Act
d. The U.S. Treasury Department Act
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Moral hazard incentives for undesirable manager behavior may have been created by
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Financial institutions are regulated for the following reason(s):
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In a purchase and assumption of a failed bank, an assuming bank may be required to invest funds for all but one of the following reasons:
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Bank capital is the most reliable cushion that prevents a decline in asset values from threatening the integrity of bank deposits.
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Bailout of large banks by federal regulators is an example of market discipline.
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Banks are regulated in part to protect the nation's money supply, much of which is a liability of the banking industry.
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A "too big to fail" policy encourages small banks to take higher risks.
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The Office of the Comptroller of the Currency (OCC) is the oldest bank regulatory agency.
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A foreign branch office of a U.S. bank is regulated by
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c. the FDIC.
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e. both a and b
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All of the following are techniques reducing credit risk in international lending except
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Which of the following is associated with the currency risk of international lending by a U.S. bank?
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Which of the following forms of international banking organization was intended to bring offshore, shell banking back to the U. S.?
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While country central banks have pursued their own country interests, recently under the framework of the Bank for International Settlements, central banks from leading economies have agreed to
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c. establish minimum capital ratios for international banks.
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Most large international loans are funded in the Eurocurrency market.
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If a hedge fund manager focused on short-selling of stocks, he/she would
a. invest in company stock for short-term profits.
b. invest in companies with high future growth prospects.
c. borrow money to invest in stocks.
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Which of the following is not the difference between hedge funds and mutual funds?
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c. balanced funds
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Mutual fund managers can keep their cash balances low by all but one of the following:
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