What is incorrect about the market convention of American terms? ...
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Finance
What is incorrect about the market convention of American terms?
| a. They say how much euro or other currency to pay for 1USD | ||
| b. They say how much USD or other currency to pay for 1EUR, 1 GBP, 1AUD or 1NZD | ||
| c. They are the quotes used for options and futures | ||
| d. They are the quotes used in the retail market for tourists |
Bretton Woods
| I. Was the conference that created an international monetary system, the IMF and the World Bank (aka IBRD) | ||
| II. Was a system where only the USD was convertible to gold and all other currencies were pegged to the USD | ||
| III. Followed the gold standard, the modified gold standard and has been in effect since 1944 | ||
| a. I only | ||
| b. I and II only | ||
| c. I, II, and III | ||
| d. III only |
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