首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Currencies have a market, the foreign exchange market. Here, pounds sterling, U.S. dollars, Swiss Francs, Italian Life, etc. are
Currencies have a market, the foreign exchange market. Here, pounds sterling, U.S. dollars, Swiss Francs, Italian Life, etc. are
admin
2011-01-05
14
问题
Currencies have a market, the foreign exchange market. Here, pounds sterling, U.S. dollars, Swiss Francs, Italian Life, etc. are bought and sold. We ought to add that the foreign exchange market is a "market" only in the widest sense of the term. It consists of the foreign exchange departments of most of the banks acting either on their own or on their clients’ account. There are, in addition, the foreign exchange brokers who act as specialized firms in the field.
Practically, all dealing is done by telephone or teleprinter in the offices of the exchange brokers. These brokers are in constant touch with both their opposite broker and the banks. The slightest variation in exchange rate anywhere in the world is watched for possible action. If there are no restrictions on movement of capital between countries, actions are to be taken which will include the rapid shifting of funds between financial centers to take advantage of profitable price differentials.
The freedom of trade in currencies is at present somewhat restricted by a variety of exchange controls which are still enforced by many countries. The demand in one country, say England, for a foreign currency results from the desire for imports from another country, say France. The pound sterling-French Francs price is mainly regulated by interested parties in either country wanting to buy them, or sell to the other. The strength of the pull in either direction settles price of the currencies in terms of one another. This is how in a free exchange market the rate is arrived at.
Needless to say, there are normally more than two countries trading with one another. This somewhat complicates the establishment of exchange rates, because not only pounds, sterling and French francs but also, for example, U.S. dollars, Indian rupees, and Canadian dollars will all simultaneously be in relationship to one another.
______ The exchange rates are hard to establish sometimes because more than two countries usually trade with one another.
选项
A、T
B、F
答案
A
解析
转载请注明原文地址:https://jikaoti.com/ti/WBLMFFFM
本试题收录于:
C类竞赛(非英语专业本科)题库大学生英语竞赛(NECCS)分类
0
C类竞赛(非英语专业本科)
大学生英语竞赛(NECCS)
相关试题推荐
(1)Sometimesyouhavetotravelveryfartogainperspectiveonthingsinyourowncountry.Recently,ItaughtaUNICEF-sponsor
Thepolicereleasedthefirstvideoimagesyesterdayofthetwomenbelievedtohavebeeninvolvedin【T1】________ajewelryshop
WhenthepoliceofficerswhotookpartintheKingbeatingwerefirstbroughtto________,theirlawyersusedthevideotapeasev
________threegirls,IhavealwaysbelievedthatMaryisthe________beautiful.
Duringthereadinglesson,theteacheraskedstudentstoreadafew________fromthenovel.
DealingwithLifeAbroadIntroduction.millionsofpeoplegoabroadtowork,studyortravel.symptomsofculture
Thecompanydemandedthatthiscontract________fulfilledwithinonemonth.
Ourofficehasrecently________toanewcomputersystem.
(1)NOTallthatMrs.Bennet,however,withtheassistanceofherfivedaughters,couldaskonthesubjectwassufficienttodra
随机试题
以扩大本企业的实力范围,增强竞争力为战略目的发展战略是
A.子宫阔韧带B.子宫圆韧带C.子宫主韧带D.骶子宫韧带E.卵巢固有韧带维持子宫前倾位的主要韧带
患者男,28岁,工人。高中文化。自诉6个月前因家中出事后,突然感觉心慌、胸闷、头颈部不适,诉感到“有一股气从胸部往上冲,经过颈部直达头顶的感觉”,为此感到紧张不安、夜间失眠。首先最需要做的辅助检查是
下述哪项不是烧伤包扎疗法的适应证
关于结核性淋巴结炎的描述,错误的是()。
甲股份有限公司(本题下称“甲公司”)为上市公司,2013年至2014年发生的相关交易或事项如下:(1)2013年7月30日,甲公司就应收A公司账款6000万元与A公司签订债务重组合同。合同规定:A公司以其拥有的一栋在建写字楼及一项长期股权投资偿付
社会工作教育性督导可以缓解被督导者的工作压力,下列督导者的做法中,体现社会工作督导教育性功能的是()。
截至2017年底,我国共有30个省(区、市)投产了747个生物质发电项目,并网装机容量1476.2万千瓦(不含自备电厂),年发电量794.5亿千瓦时。其中农林生物质发电项目271个,累计并网装机700.9万千瓦,年发电量397.3亿千瓦时;生活垃圾焚烧发电
注意事项1.本题本由给定资料与作答要求两部分构成。考试时限为180分钟。其中,阅读给定资料参考时限为60分钟,作答参考时限为120分钟。满分100分。2.请在题本、答题卡指定位置上用黑色字迹的钢笔或签字笔填写自己的姓名和准考证号,并用2B铅笔在准考证号
下列关于模式的术语中,哪一个不是指数据库三级模式结构中的外模式?
最新回复
(
0
)