The most important participants in foreign exchange markets are ________.
Fill in the blank(s) with correct word
Question 2 - Which of the following was NOT a creation of the Bretton Woods conference?
A) World Bank
B) IMF
C) IBRD
D) WTO
Question 3 - At the end of World War II,
A) tariffs around the world fell substantially.
B) agricultural subsidies were significantly reduced.
C) most nations began to apply tariffs uniformly across all industries.
D) tariffs increased in low-income countries and fell a small percentage in high-income countries.
Question 4 - If the forward rate is greater than the spot rate, what are markets signaling about their expectations for the future spot rates for the home currency?
What will be an ideal response?
Question 5 - The international organization that serves as a forum for trade discussions and the development of trade rules is called
A) the WTO.
B) the World Bank.
C) the IMF.
D) the United Nations.
Question 6 - High-income industrial nations such as the United States and Japan tend to have their highest tariffs in
A) newer, high-technology manufacturing industries.
B) capital-intensive, diversified manufacturing.
C) agriculture, clothing, and textiles
D) automobiles.
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