Multiple Choice Questions: A) Cothscurrency made up of? B) Coins and paper money B) Credit cards and money C) Gold and silver 2. Which ome following is NOT a factor that can affect the foreign exchange rate? A) Economic conditions B) Interest rates C) Political events D) The weather 3. What is the most widely used currency in international transactions? A) US dollar B) Euro C) Japanese Yen D)Bitcoin 4. What is Bitcoin? A) A digital currency decentralized on blockchain technology B) A government-issued currency C) A type of credit card D) A store of value 5. Which of the following is true about Bitcoin? A) It is not supported by any tangible assets or government B) It is supported by a government's tangible assets C) It is a stable and reliable currency D) It is not a high-risk investment 6. What is an exchange rate? A) The rate at which one currency can be exchanged for another B) The value of a currency relative to other currencies C) The market demand for a currency D) The frequency and magnitude of changes in the exchange rate 7. How is the value of Bitcoin determined? A) By market demand B) By its underlying tangible assets C) By the government that issues it D) By the value of other cryptocurrencies 8. How do economic conditions.interest rates, and political events affect the exchange rate of a currency? A) They can increase demand for the currency, causing it to appreciate relative to other currencies B) They can decrease demand for the currency,causing it to depreciate relative to other currencies C) They have no effect on the exchange rate D) Both A and B