Multiple Choice Tutorial Chapter 34 International 多选择教程34国际.pptVIP

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Multiple Choice Tutorial Chapter 34 International 多选择教程34国际.ppt

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Multiple Choice Tutorial Chapter 34 International 多选择教程34国际

Multiple Choice TutorialChapter 20International Finance 1. The exchange rate is the a. total yearly amount of money changed from one country’s currency to another country’s currency b. total monetary value of exports minus imports c. amount of country’s currency which can exchanged for one ounce of gold d. price of one country’s currency in terms of another country’s currency 2. The balance of payments summarizes the transactions that occur during a given time period between a. the government of one country and the government of another country b. the national government and local governments in the same country c. individuals, firms, and government of one country and individuals, firms, and governments throughout the rest of the world 3. Which of the following is not included in the balance of payments? a. final consumer goods exported to another country. b. tourism on the part of people from other countries. c. financial transactions such as U.S. firms purchasing foreign assets to achieve a higher rate of return. d. increased money supply by the Federal Reserve in the United States. 4. The balance of payments is a a. flow variable measuring only transactions which involve payments of money b. flow variable measuring all economic transactions, even if no exchange of money occurs c. flow variable which is in equilibrium only when exports equal imports 5. The value of a country’s exports is listed in its balance of payments account as a(an) a. credit b. debit c. payment d. investment 6. The merchandise trade balance a. reflects trade in intangibles such as insurance and tourism b. includes personal gifts to friends abroad c. records the flow of financial assets such as stocks and bonds d. equals the value of tangible products exported minus the value of tangible products imported 7. In the balance of payments, services a. are not counted b. include only tangible products c. are always included as a credit d. include income earned from foreign investm