Question: 2. What is the largest asset class, by trade volume, in the world? a. Foreign exchange b. Equities c. Commodities d. Fixed income 3. If

2. What is the largest asset class, by trade volume, in the world?

a. Foreign exchange

b. Equities

c. Commodities

d. Fixed income

3. If we were still on the gold standard, and the price of gold was $20.67 USD/oz, or $23 CAD/oz, what is the USD/CAD exchange rate?

a. USD/CAD $1.1127 b. USD/CAD $1.2152 c. USD/CAD $0.8987 d. USD/CAD $0.9218

5. Which of the following statements about a managed float (dirty) is true? Select all that apply.

a. Monetary authorities announce the intervention ahead of time

b. Monetary authorities peg its currency to a mix of currencies with different weightings

c. Domestic companies may be instructed to buy or sell foreign currency

d. Central banks may influence rates through interest rate changes or open market operations

6. What monetary tools do authorities use in a freely floated exchange rate regime?

a. Interest rates b. Capital controls c. None d. Direct intervention

please answer all questions

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