BMAL 604 Quiz 3 Liberty University
- The USD remains the world’s leading
 - Purchasing Power Parity has an impact on exchange rates and indicates the current level of inflation of one currency against
 - A bond is a certificate with a certain monetary
 - ( ) rates indicate the exchange rate of one currency in units of another currency
 - Global financial markets are important to lenders for two major reasons: (1) expanding ( ) and (2) reducing ( ).
 - Forward rates are typically cheaper than spot
 - Global financial markets are important to borrowers for two reasons such as (1) to expand the supply of money, and (2) reduce the cost of
 - Eurocurrency and Eurobanks do not necessarily mean the currencies or the banks are
 - Since the world thrives to trade and does not have a uniformed international currency, the exchange rate from one currency to another is determined by ( ) and ( ) on a given day on the FX
 - A ( ) notifies the investor of the price movement of shares he or she holds in the security
 - The ( ) was established in 1960 as an economic counterpart to the North Atlantic Treaty Organization (NATO).
 - ASEAN association members also undertake to avoid interference in the internal affairs of one another and are committed to the settlement of differences or disputes by peaceful
 - ( ) gives every state the right to lead its existence free from external
 - South America is one of the largest trading blocs in the
 - Agreements between participating nations are managed and promoted through ( ).
 - The Caribbean Community and Common Market (CARICOM) is an example of a ( ).
 - The Council of Europe judges claims by member states that the European Commission has exceeded its
 - More than 60 percent of Africa’s people depend upon agriculture, with farming being mostly of the subsistence
 - OAPEC has implemented effective measures to ensure success in different areas of supplying petroleum to
 - Despite extensive natural resources, there is only one developed country in