Surveys of International Buisness
Answer these 5 questions by repeating the question followed by your response. How much should you write? I wouldn't think more than 7-8 sentences would be needed per question; if that.
1. What determines the demand for any given currency in the foreign exchange market?
2. What determines the supply of any given currency in the foreign exchange market?
3. How are prices established in the foreign-exchange market?
4. What is the role of international banks in the foreign exchange market?
5. Explain the different techniques that firms can use to protect themselves from future changes in exchange rates.