• 2022-06-09
    The theory of exchange psychology holds that the value of foreign exchange is determined by the subjective evaluation of the marginal utility of foreign exchange made by both the supply and demand of foreign exchange.
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      When a country runs a persistent deficit in its balance of payment, the government could use foreign exchange reserves to offset the excess demand or supply of foreign exchange to correct the balance of payments disequilibrium.

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      Foreign exchange is best defined as the risk that A: the value of an obligation will change because of a change in foreign exchange risk. B: the value of an asset will become trapped by an inability to exchange foreign currencies. C: a foreign government may be overthrown freezing any assets held in that country. D: a foreign currency market might collapse.

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      A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

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      When a country runs a persistent deficit in its balance of payment, the government could use foreign exchange reserves to offset the excess demand or supply of foreign exchange to correct the balance of payments disequilibrium. A: 正确 B: 错误

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      Foreign exchange risks assumed by foreign exchange banks mainly refer to ( ) A: transaction settlement risk B: foreign exchange trading risk C: accounting risk D: operating risk