Intermediate Business Vocabulary

Currency & Exchange

Choose the best answer from the three options in each question.


1. When the value of a country's currency rises, it is said to _____.

    depreciate

    appreciate

    inflate

2. Fluctuations in _____ can affect the price of imported goods.

    exchange rates

    inflation

    profit margins

3. A weaker currency means that exports become _____.

    more expensive

    irrelevant

    cheaper

4. Companies that trade internationally must keep an eye on _____ rates to manage their costs.

    interest

    employment

    exchange

5. When the value of a currency drops, it is said to _____.

    appreciate

    depreciate

    increase

6. _____ is the price at which one currency can be exchanged for another.

    Exchange rate

    Interest rate

    Inflation

7. A strong currency makes imports _____.

    more expensive

    harder to find

    cheaper

8. Businesses that operate in multiple countries often hedge against currency _____ to reduce risk.

    growth

    fluctuations

    profit

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