5:11 PM Sun Nov 26 . . . 85% O

5:11 PM Sun Nov 26 0 85% Test 2 Practice (1) Test 2 Practice @ 00 Test 2 Practice 33) Currency speculation takes place when A) there is short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates. B) the exchange rate at which a foreign exchange dealer will convert one currency differs on a particular day. C) there is a simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. D) the purchase of securities in one market are immediately resold in another to profit from a price discrepancy. E) the growth in a country's money supply exceeds the growth in its output, leading to price inflation. 34) If a firm favors a push strategy, using direct selling to educate potential consumers, which of these products would it most likely sell? A) professional services B) food grains C) consumer products D) industrial products E) standardized products 35) Within the EU, it is the responsibility of the it to the council. A) Court of Justice B) prime ministers C) Europ ean Commission D) European Parliament E) European Community 36) A nation that is experiencing a currency crisis will to debate legislation and forward 9 of 31 A) realize a sharp appreciation in the value of a currency. B) force authorities to block large volumes of international currency reserves.