Thị trường tài chính và các định chế tài chính Madura

True False status: not answered correct: false your answer: 3 The capital account consists of foreign direct and indirect investment.. True False status: not answered correct: true

Trang 1

An exchange rate is the price of one currency in terms of another.

True

False

status: not answered ()

correct: true

your answer:

2

The U.S economy is the most dependent on trade in the world

True

False

correct: false

your answer:

3

The capital account consists of foreign direct and indirect investment

True

False

correct: true

your answer:

4

Which of the following may affect international trade flows?

a inflation

b national income

c government restrictions

d All of the answers are correct

correct: d

your answer:

Trang 2

Transactions reflecting inflows of funds generate credits

True

False

correct: true

your answer:

6

The capital account includes:

a foreign income on U.S dividends

b foreign investments in equity

c foreign purchases of goods

d foreign transfer payments

correct: c

your answer:

7

The balance of payments records transactions:

a between the U.S and China

b between the U.S and all other countries in the world

c involving only governments

d involving only tangible goods

correct: b

your answer:

8

The U.S has had a current account surplus for 40 years

Trang 3

True

False

correct: false

your answer:

9

A country with a merchandise trade surplus necessarily has a current account surplus

True

False

correct: false

your answer:

10

Merchandise trade involves both goods and services

True

False

correct: false

your answer:

11

The balance of payments is a set of accounts showing:

a tax laws of foreign governments

b transactions between domestic and foreign residents

c only the dollar value of imports

d only U.S payment for foreign goods

correct: b

your answer:

12

The U.S has a trade deficit only because politicians have not been able to get favorable

Trang 4

trade deals.

True

False

correct: false

your answer:

13

Tariffs attempt to:

a increase the costs of imports by adding a tax to the price

b increase the costs of imports by limiting the number that can be imported

c push exports in foreign markets

d reduce a capital account surplus

correct: a

your answer:

14

All exports are of tangible goods

True

False

correct: false

your answer:

15

Factor income refers to:

a income received by investors on foreign investments

b only dividend income received by investors

c gifts received from foreign entities

Trang 5

d income received from services.

correct: a

your answer:

16

An example of foreign portfolio investment is:

a a U.S company setting up a subsidiary in Germany

b a U.S hedge fund buying debt of foreign companies

c a joint venture owned 50-50 by U.S and foreign partners

d an acquisition of a Korean firm by a French firm

correct: b

your answer:

17

The balance of payments utilizes double-entry bookkeeping

True

False

correct: true

your answer:

18

Which is true about the balance of payments?

a It always balances

b A given account may have a deficit or surplus

c Transactions reflecting inflows of capital are credits

d All of the answers are correct

correct: d

Trang 6

your answer:

19

The balance of payments always balances

True

False

correct: true

your answer:

20

Which of the following are examples of foreign direct investment?

a The purchase of a car manufacturing plant in the U.S by a Japanese company

b A private investor in the U.S buying 5% of the equity of a Japanese company

c Deposits of currency in foreign bank accounts

d Purchases of an insurance policy by a foreign individual

correct: a

your answer:

21

The term international monetary system refers to the framework in which:

a international payments are made

b the price of one currency in terms of another is determined

c deposit accounts in different currencies are established

d the exchange of international currency is coordinated

correct: b

your answer:

Trang 7

The General Agreement on Tariffs and Trade:

a resulted in an increase in tariffs around the world

b resulted in a decrease in tariffs around the world

c was beneficial to exporting firms

d b and c

correct: d

your answer:

23

The current account components are:

a merchandise trade

b services

c capital account

d a and b only

correct: d

your answer:

24

The merchandise trade balance involves:

a net exports or imports of tangible goods

b net exports or imports of goods and services

c net exports or imports of goods, services, and factor income

d net exports or imports of goods, services, factor income, and transfers

correct: a

your answer:

Trang 8

Buying equity in a foreign entity is always foreign direct investment

True

False

correct: false

your answer:

26

The term "exchange rate" refers to:

a deposits of currency in more than one currency

b loans of dollars to foreign entities

c the change in interest rates over time

d the price of one currency in terms of another

correct: d

your answer:

27

If official reserves are close to zero, then a country with a current account deficit (surplus) will have a capital account surplus (deficit)

True

False

correct: true

your answer:

28

The international monetary system is the framework in which exchange rates are established

True

False

Trang 9

correct: true

your answer:

29

Which of the following are objectives of the IMF?

a to provide loans for development

b to promote capital mobility

c to promote stability of exchange rates

d b and c

correct: d

your answer:

30

Factor income is an account in the capital account

True

False

correct: true

your answer:

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