Answer Key
Financial markets – Practice 2
Fill in the gaps with the appropriate word or phrase in the correct form.
- One cannot be successful in business unless one is willing to [take] risks.
- The Euro and Pound fell [against] the US Dollar.
- A [bond] is simply a loan, but in the form of a security, although terminology used is rather different.
- [Securities] may be represented by a certificate or, more typically, by an electronic book entry interest.
- The U.S. dollar continues to [strengthen] against the Euro and pound despite a weaker than expected housing starts report in July.
- Of course, no bull market can last forever, and sooner or later a [bear] market (in which prices fall) will come.
- Reporters called the trade in India dull as investors play [safe] .
- [Volatility] is the measure of the state of instability.
- [Commodity] markets are markets where raw or primary products are exchanged.
- However, when financial [exposure] is high investment can fall and financial conditions can worsen in response to favorable productivity shocks, due to detrimental balance-sheets effects.