【单选题】The __________ price is used for people to sell a currency pair and reflects how much the market will pay for the quote currency in relation to the base currency.
【单选题】Andrea Cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen is ¥129.87/$ and the 6-month forward rate ...
A.
buying yen for ¥128.00/$, selling yen at ¥128.53/$
B.
buying yen for ¥128.53/$, selling yen at ¥128.00/$
C.
There is not enough information to answer this question
【单选题】Under the Bretton Woods system, ______________.
A.
Each country established a par value for its currency in relation to the dollar.
B.
The U.S. dollar was pegged to gold at $35 per ounce.
C.
each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary