What exchange-rate system did the euro replace for many EU currencies?
Answer
European Monetary System
34719 Intermediate Trivia Questions
34719 public questions at this depth. How many can you answer?
What term names the difference between a currency dealer's buy price and sell price?
Answer
Bid-ask spread
In forex quoting, what does the first currency in a currency pair represent?
Answer
Base currency
What is the fixed exchange rate of the CFA franc to the euro?
Answer
655.957 CFA francs per euro
Which country was the last to adopt the euro as of 2024?
Answer
Croatia
On what date did the Brexit referendum take place?
Answer
23 June 2016
Which currency is pegged to the US dollar in a narrow band around 7.8?
Answer
Hong Kong dollar
What is the official currency of Brazil?
Answer
Brazilian real
Which currency is represented by the ISO code 'INR'?
Answer
Indian rupee
Which country's currency is known as the rand?
Answer
South Africa
Which currency is pegged to the US dollar at approximately 3.6725?
Answer
UAE dirham
On what date did 'Black Wednesday' occur in 1992?
Answer
16 September 1992
Which central bank sets the federal funds rate?
Answer
Federal Reserve
What was the name of the fixed exchange rate system established in 1944?
Answer
Bretton Woods system
Which currency is often called the 'Swissie'?
Answer
Swiss franc
In what year did the euro become physical cash?
Answer
2002
What is the name of the trade bloc comprising Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan?
Answer
Eurasian Economic Union
Which organization sets international standards for maritime safety and pollution?
Answer
International Maritime Organization
Which treaty signed in 1842 opened five Chinese ports to British trade?
Answer
Treaty of Nanking
What is the name of the free trade area launched by the African Union in 2021?
Answer
African Continental Free Trade Area
Which ancient sea trade route connected China to the Middle East and Europe?
Answer
Maritime Silk Road
In WTO, what principle requires equal treatment for all trading partners?
Answer
Most-favored-nation
What is the term for selling goods abroad at below cost?
Answer
Dumping
What is the name of China's global infrastructure project?
Answer
Belt and Road Initiative
What treaty replaced NAFTA in 2020?
Answer
USMCA
What is the term for the percentage of the working-age population that is employed or actively seeking work?
Answer
Labor force participation rate
What is the percentage of total production capacity that an economy is actually using?
Answer
Capacity utilization
Which monthly survey by the Institute for Supply Management tracks economic activity in the U.S. manufacturing sector?
Answer
ISM Manufacturing Index
What is the name of the statistical measure of income inequality that ranges from 0 to 1?
Answer
Gini coefficient