国际金融练习题修改.docx
- 文档编号:9867809
- 上传时间:2023-02-07
- 格式:DOCX
- 页数:33
- 大小:25.92KB
国际金融练习题修改.docx
《国际金融练习题修改.docx》由会员分享,可在线阅读,更多相关《国际金融练习题修改.docx(33页珍藏版)》请在冰豆网上搜索。
国际金融练习题修改
VI.MultipleChoiceQuestions
1.Globalizationrefersto:
A.onlyincreasingmarketintegration,whileinternationaleconomicintegrationreferstothestrengtheningofexistinginternationallinkagesofcommerceandtheadditionofnewinternationallinkages.
B.onlytheexpansionofworldgovernanceandglobalsociety,whileinternationaleconomicintegrationreferstothestrengtheningofexistinginternationallinkagesofcommerceandtheadditionofnewinternationallinkages.
C.onlytheincreasedmobilityofpeoplesandinformation,whileinternationaleconomicintegrationreferstothestrengtheningofexistinginternationallinkagesofcommerceandtheadditionofnewinternationallinkages.
D.theincreasingmarketintegration,theexpansionofworldgovernanceandglobalsociety,andtheincreasedmobilityofpeoplesandinformation,whileinternationaleconomicintegrationreferstothestrengtheningofexistinginternationallinkagesofcommerceandtheadditionofnewinternationallinkages.
Answer:
D
2.Internationaleconomicintegrationrefersto:
A.theexpansionofworldgovernanceandsociety.
B.theincreasedmobilityofpeoplesandinformation.
C.thestrengtheningofexistinginternationallinkagesofcommerceandtheadditionofnewlinkages.
D.thestrengtheningofexistinginternationallinkagesofcommercebutnottheadditionofnewlinkages.
Answer:
C
3.Globalizationrefersto_________,andinternationaleconomicintegrationrefersto___________.
A.abroaderscopeoftheinternationalizationprocess,anarrowerfocusoftheinternationalizationprocess.
B.anarrowerscopeoftheinternationalizationprocess,abroaderfocusoftheinternationalizationprocess.
C.thesamethingasinternationaleconomicintegration,thestrengtheningofinternationallinkagesofcommerce.
D.Noneoftheabove.
Answer:
A
4.Opentradeingoods,services,andfinancialassetsbyleadingeconomiesoftheworldatlevelsclosetothoseobservedtoday:
A.haveneverbeenexperienced.
B.hadbeenexperiencedbeforeWorldWarI.
C.hadbeenexperiencedbetweenWorldWarIandWorldWarII.
D.hadbeenexperiencedonlyimmediatelybeforetheKoreanconflict.
Answer:
B
5.Realsectortransactionsdealwith:
A.transactionsingoodsandservices.
B.transactionsinfinancialassets.
C.transactionsinbothgoodsandservicesandfinancialassets.
D.transactionsinneithergoodsandservicesnorinfinancialassets.
Answer:
A
6.Financialsectorlinkagesdealwith:
A.transactionsingoodsandservices.
B.transactionsinfinancialassets.
C.transactionsinbothgoodsandservicesandfinancialassets.
D.transactionsinneithergoodsandservicesnorinfinancialassets.
Answer:
A
7.Intermsofrealsectoractivity,worldtradeingoodsandservices:
A.isimportantonlytodevelopedeconomies.
B.isimportantonlytodevelopingeconomies.
C.isimportanttobothdevelopedanddevelopingeconomies.
D.isimportanttoneitherdevelopednordevelopingeconomies.
Answer:
C
8.Inthelast35years,thenearly6percentperannumgrowthinworldtradehasledtoa_______-foldcumulativeincreaseinworldtrade.
A.two
B.three
C.four
D.five
Answer:
D
9.Whenmeasuredasamultipleofworldexportsofgoodsandservices,foreignexchangeturnoverin2004wasapproximately:
A.12:
1.
B.38:
1.
C.61:
1.
D.50:
1.
Answer:
D
10.Overthelast35years,thedataontradeandfinancialflowsshow:
A.decreasedrealflowsanddecreasedfinancialflows.
B.increasedrealflowsanddecreasedfinancialflows.
C.decreasedrealflowsandincreasedfinancialflows.
D.increasedrealflowsandincreasedfinancialflows.
Answer:
D
VI.MultipleChoiceQuestions
1.Amarketthatinvolvestheimmediatesaleorpurchaseofanassetisknownasa(n)
A.currencymarket.
B.bondmarket.
C.spotMarket.
D.freemarket.
Answer:
C
2.Theminimumvalueofaspotcurrencytransactionisgenerally
A.$100,000.
B.$500,000.
C.$1million.
D.$5million.
Answer:
C
3.Ifthecurrency-per-U.S.dollarexchangerateoftheNewZealanddollaris1.5,whatisoneNewZealanddollarworthintermsofU.S.dollars?
A.$0.50B.$0.67C.$1.00D.$1.50
Answer:
B
4.SupposeexchangerateoftheArgentineanpesorelativetotheU.S.dollaris3(Peso/$).Ifthepesoweretoundergoa50percentdepreciation,thenewexchangevaluewouldbe:
A.1.5.B.4.5.C.3.5.D.0.5..
Answer:
B
5.Forwhichofthefollowingsetsofexchangerateshasthecrossratebeencorrectlycalculated?
A.£1=2Swissfrancs;$1.50=£1;$1=0.75Swissfrancs
B.¥200=$1.00;1ringgit=$0.15;20ringgit=¥1
C.£1=1.5euro;3Swissfrancs=2euros;2.25Swissfrancs=£1
D.¥100=$1.00;1ringgit=$0.15;20ringgit=¥1
Answer:
C
6.AKoreantraderwishestomakeapurchaseofCzechcrystalworth3millionCzechkorunas.Unfortunately,thereisnopublishedvalueoftheKoreanwontoCzechkorunaexchangerate.Inordertocalculatethecurrentpriceofthecrystalinwon,thetraderwillneedtocalculate
A.therealexchangerate.
B.acrossrate.
C.thepurchasingpowerparityrate.
D.SouthKorea'seffectiveexchangerate.
Answer:
B
7.SupposetheexchangeratebetweentheU.S.dollarandtheCanadiandollaris1.37(C$/$),whiletheexchangeratefortheBritishpoundis0.66(£/$).WhatisthecrossrateofCanadiandollarstotheBritishpound(C$/£)?
A.2.08B.1.37C.0.66D.0.48
Answer:
A
8.AnAmericantouristisplanningtovisitMexico.Theexchangerateatwhichthetouristcanbuypesosinaretailbankisthe:
A.bidprice.
B.askprice.
C.forwardrate.
D.crossrate.
Answer:
B
9.SupposethebidpriceofBritishpoundsis$1.49U.S.,andtheaskpriceis$1.51U.S.Whatisthebidaskmargin?
A.0.02%
B.0.99%
C.1.01%
D.1.32%
Answer:
D
10.Thespotexchangeratespublishedinfinancialnewspapersare:
A.nominalexchangerates.
B.realexchangerates.
C.effectiveexchangerates.
D.forwardexchangerates.
Answer:
A
VI.MultipleChoiceQuestions
1.TheprinciplefunctionoftheInternationalMonetaryFundwasoriginallyto
A.lendtomembernationsexperiencingashortageofforeignexchangereserves.
B.financepostwarreconstruction,particularlyinEuropeandJapan.
C.reducetradebarriersandsettledisputesamongcountriesrelatingtocurrencynegotiations.
D.actasasupranationalregulatoryagencyfordomesticcentralbanks.
Answer:
A
2.TheU.S.dollartodayisanexampleofa
A.commoditymoney.
B.fiatmoney.
C.commodity-backedmoney.
D.currencybasket.
Answer:
B
3.Thegoldstandardwasinplaceformostmajoreconomicsoftheworldduringtheperiod
A.fromthebeginningoftheGreatDepressionuntilWorldWarII.
B.from1973untilthepresent.
C.fromthemid-1870suntilWorldWarI.
D.sincetheendofWorldWarII.
Answer:
C
4.Underthegoldstandard,ifthemintparityconditionfortheFrenchfrancwassetatFfr107.1perounceofgold,andtheGermanmarkwassetatDM88.7perounceofgold,thenitispossibletocomputetheexchangeratebetweentheGermanmarkandtheFrenchfranc(DM/f)asapproximately
A.0.83.
B.1.21.
C.9490.9
D.Itisnotpossibletocomputetheexchangeratebetweenthemarkandthefrancwiththesevalues,becausethesevaluesarerelativetothepriceofgold.
Answer:
A
5.UndertheBrettonWoodssystem,mostofthemajorcurrenciesofthesystem,otherthantheU.S.dollar,
A.peggedtheirvaluesagainstthevalueofanounceofgold.
B.peggedtheirvaluesagainstthevalueofthedollar.
C.allowedtheircurrenciestofloat.
D.peggedtheirvaluesagainstthevalueoftheEuro.
Answer:
B
6.WhichofthefollowingisnotaninstitutionthataroseundertheBrettonWoodsAgreement?
A.TheInternationalMonetaryFund.
B.TheInternationalBankforReconstructionandDevelopment.
C.TheLeagueofNations.
D.TheGeneralAgreementonTariffsandTrade.
Answer:
C
7.InthePlazaAgreementofSeptember,1985,the"GroupofFive"or"G5"countriesannouncedthattheybelievedthat
A.the"G5"neededtobeexpandedtoincludeanadditionalfivemajorindustrializedcountriestomakeupwhatisnowreferredtoasthe"G10".
B.theBrettonWoodssystemwouldnolongerbesustainable.
C.itwasnecessaryto"float"thedollarrelativetogold.
D.theexchangevalueofthedollarwastoostrongandthattheywouldcoordinatetheircentralbankinterventionsinordertodrivedownthevalueofthedollar.
Answer:
D
8.Whichofthefollowingisnotamemberofthe"GroupofTen"industrializedcountries?
A.Japan
B.Belgium
C.Switzerland
D.Sweden
Answer:
C
9.Anexampleofacountrythatmaintainedacrawling-pegexchange-ratesystemduringtheearly2000sis
A.theUnitedStates.
B.Canada.
C.France.
D.Nicaragua.
Answer:
D
10.Acurrencyboardisan
A.exchangemarketinwhichthemajorcurrenciesoftheworldareexchangedontheopenmarketamongprivatebanksatprevailingrates.
B.independentmonetaryagencythatsubstitutesforacentralbankbypeggingthegrowthofthedomesticmoneystocktotheforeign-exchangeholdingsoftheboard.
C.independentmonetaryagencywhichisresponsibleforsettingbankreserverequirementsforthedomesticcurrency.
D.exchangemarketinwhichthenotesandbillsissuedbythedomesticgovernmentaretradedontheopenmarketamongprivatebanks.
Answer:
B
VI.MultipleChoiceQuestions
1.YourCanadian-basedfirmexpectstoreceiveaeuro-paymentin30days.Yourfirmis:
A.shorttheCanadiandollar.
B.longtheCanadiandollar.
C.shorttheeuro.
D.longtheeuro.
Answer:
D
2.YourCanadian-basedfirme
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 国际金融 练习题 修改
![提示](https://static.bdocx.com/images/bang_tan.gif)