Multiple Choice
The substantial growth in the daily turnover in the Australian foreign exchange market, since deregulation in 1983, may be attributed to:
A) the enhanced opportunities for foreign investment post deregulation
B) Australia's above average level of real interest rates post deregulation
C) Australia's time zone, which links trading in New York and Europe
D) all of the given answers
Correct Answer:
Verified
Correct Answer:
Verified
Q19: A foreign exchange dealer engages in:<br>A) taking
Q20: A foreign exchange transaction consists of the
Q21: Calculate the USD/AUD 3-months forward spread in
Q22: Calculate the EUR/AUD cross OFFER rate. You
Q23: 'Reciprocity' in the foreign exchange market refers
Q25: An 'exotic' currency is a currency:<br>A) which
Q26: In 2002, the AUD/USD exchange rate fell
Q27: In order of importance, the following were
Q28: A price taker in the foreign exchange
Q29: If the exchange rate between the Australian