国际金融（原书第12版）教学课件作者大卫.艾特曼（DavidEiteman）阿瑟.斯通西chapter04课件.doc

Multinational Business Finance, 12e (Eiteman, et al) Chapter 4 The Balance of Payments 4.1 Typical Balance of Payments Transactions Multiple Choice 1) Which of the following is NOT a major subaccount of the Balance of Payments? A) The financial account. B) The accounts payable. C) The capital account. D) The current account. Answer: B Diff: 2 Topic: 4.1 Typical Balance of Payments Transactions Skill: Recognition True/False 1) When the world went to a system of floating exchange rates, the Balance of Payments became a relic of a system of fixed exchange rates and is no longer watched by serious economic groups. Answer: FALSE Diff: 2 Topic: 4.1 Typical Balance of Payments Transactions Skill: Conceptual 4.2 Fundamentals of Balance of Payments Accounting Multiple Choice 1) The balance of payments as applied to a course in international finance may be defined as: A) the amount still owed by an exporting firm after making an initial down payment. B) the amount still owed by governments to the International Monetary Fund. C) the measurement of all international economic transactions between the residents of a country and foreign residents. D) the amount of a countrys merchandise trade deficit or surplus. Answer: C Diff: 2 Topic: 4.2 Fundamentals of Balance of Payments Accounting Skill: Conceptual 2) Balance of payment (BOP) data may be important for any of the following reasons: A) BOP data helps to forecast a countrys market potential, especially in the short run. B) The BOP is an important indicator of a countrys foreign exchange rate. C) Changes in a countrys BOP may signal a change in controls over payment of dividends and interest. D) all of the above Answer: D Diff: 2 Topic: 4.2 Fundamentals of Balance of Payments Accounting Skill: Conceptual 3) A country experiencing a serious BOP ________ is more likely to ________ exports than otherwise. A) surplus; contract B) surplus; expand C) deficit; expand D) none of the above Answer: