Directions: There are 10 blanks in the
following passages. For each blank, there are four choices marked A, B, C and
D. Passage One
Foreign exchange markets are electronic
communication systems that (56) major financial centers
throughout the world. Exchange rates are determined (57)
supply and demand relationships, relative interest rate levels, relative
(58) of inflation, political risk, and economic risk.
Alternatives (59) affecting settlement of purchase and sales
claims were explored (60) with the instruments available to
exporters and importers for financing their international
activities.