1.

     The exchange rate era whereby the gold reserve were needed to back a currency’s value is
known as ____________________.

2.     What is the meaning of short selling?

__________________________________________________________________________________
__________________________________________________________________________________
_____________

3.     How many delegates gathered at Bretton Woods, New Hampshire in for the United Nations
Monetary and Financial Conference 1944?

a.       620

b.       550

c.        440

d.       730

4.     Bretton Woods agreement 1944 establish the IMF and ______________

5.     Mint parity rate refers to

__________________________________________________________________________________
__________________________________________________________________________________
_____________

6.     Fiscal policy is being set by _______________________ by using the taxes and spending levels
as a tools to influence the performance of the economy in the short run.

7.     The demise of the Fixed Exchange Rate allowed the emergence of the ____________________
Era, 1973 -1997.

 
8.     Asian Financial Crisis 1997 started with the devaluation of ____________ currency, after its
government was forced to float the currency due to lack of foreign currency to support its peg to the
U.S. dollar.

9.     ________________ float regime is where the market forces of supply and demand set the
exchange rate, but with occasional government intervention.

10.                         ________________ is a system where monetary authorities issues notes and coins

which are convertible into foreign anchor currencies or commodities at a fixed rate. 

1) Gold Standard

2) Short selling is done when the market becomes bearish and the investors believe the stock price
will fall. The investors tries to sell high and buy low as opposed to the traditional buy low, first, and
sell high, second.

3) 730

4) World bank

5) When the currencies of two countries are on a metallic standard (gold or silver), the rate of
exchange between them is determined on the basis of parity of mint ratios between the currencies
of the two countries.

6) Government

7) Floating

8) Thailand

9) Managed Float

10) Monetary

Quiz 2

1) Balance of Payments

2) IMF

3) Cash Flow

4) Credit

5) Current Account
6 Capital

7) Reserves Account

8) Subprime

9) Mobility

10) Flight