Foreign Exchange TOEFL

Author: Yue Yan / et al
Editor-in-Chief: Li Hua
Publisher:
Publish Date: 1999-12-01
Features: It integrates the latest developments in the international financial market, being the first domestic practice bank in the foreign exchange fund field that combines popular usability and professional knowledge. Whether you are a novice just starting in the forex market or a seasoned expert, this book will provide you with an opportunity to test your skills. Completing the tests in this book will earn you a passport to enter the international forex market.
Excerpt:
A. 7.75
B. 8
C. 7.7
D. 7.8
11. In which year did the pound exit the ERM?
A. 1995
B. 1991
C. 1987
D. 1991
12. The INITIALJOBLESSCLAIM published by the U.S. Department of Labor refers to:
A. The first announcement of the unemployment rate
B. The first forecast of the unemployment rate
C. The number of people claiming unemployment benefits for the first time
D. The first announcement of unemployment figures
13. If there are rumors that the FORD Motor Company is acquiring DAIMLER-MERCEDES, what is likely to happen in the forex market?
A. The USD/CHF rate may rise
B. The USD/DEM rate may rise
C. The USD/DEM rate may fall
D. The USD/DEM rate may remain unchanged
14. What is the main reason for Quebec's push for independence?
A. American influence
B. Heavy tax burden in Canada
C. It has traditionally been a French-speaking region
D. Its location in the northern part of Canada
15. A continuous decline in the world commodity price index would have a relatively greater impact on which currency?
A. Deutsche Mark
B. Swiss Franc
C. Pound
D. Australian Dollar