VII. The Stock Exchange (Quiz)

1. True

2. False - It is a cross shareholding system used in Japan.

3. True - Jonathan's Coffee House.

4. False

5. True

6. True

7. True - A Dutch settler, Peter Minuit, got it from local Indians for $ 24 worth of beads in 1626

8. False - They are a group of Japanese gangsters who have built up a network of casinos, debt collection and prostitution. In the 1980s they moved into land and share speculation.

9. True

10. True

11. True

12. True

13. False

14. True

UNIT 6. FOUR II. 1 - exchanged; 2 - broker; 3 - futures; 4 - exchange controls; 5 - products; 6 -

MARKETS brokerage; 7 - information; 8 - samples; 9 - weakness, fixed.

IV The New Issue Market. 1 - d; 2 - b; 3 - b; 4 - a; 5 - c; 6 - d; 7 - b; 8 - c; 9 - a; 10 - d; 11 -b;12-a.

KEYS

V The History of the Foreign Exchange Market. 1 - barter, 2 - coinage, 3 - mint, 4 - gold reserves, 5 - sound money, 6 - fiduciary issue, 7 - promissory notes, 8 - issue, 9 -banknotes, 10 - forgery, 11 - watermark, 12 - monetary policy.

VI. Foreign Exchange Terms. 1 - legal tender; 2 - fluctuate; 3 - promissory note; 4 -sound money; 5 - issue; 6 - The Royal Mint; 7 - devaluation; 8 - intervention; 9 - coinage; 10 - Bretton Woods system; 11 - intaglio; 12 - fiduciary issue.

VII. Bulls, Bears and Stags. 1 - b; 2 - d; 3 - a; 4 - c; 5 - c; 6 - a; 7 - b; 8 - d; 9 - b; 10 - c.

UNIT 7. TYPES OF II. Business. 1 - b; 2 - c; 3 - c; 4 - a; 5 - c; 6 - d; 7 - b; 8 - a; 9 - a; 10 - c; 11 - c; 12 - d; 13
OWNERSHIP - b; 14 - a; 15 - a; 16 - a.

III. Money. 1 - b; 2 - c; 3 - b; 4 - d; 5 - b; 6 - b; 7 - a; 8 - c; 9 - a; 10 - d; 11 - c; 12 - c; 13 -a;14-c;15-a;16-d.