国际金融(并不是考试题).docVIP

Chapter 2 Payments among Nations 1）What is the current account balance of a nation with a government budget deficit of ＄128 billion, private saving of ＄806 billion, and domestic capital formation of ＄777 billion? 2) “A country is better off running a current account surplus rather than a current account deficit.” Do you agree or disagree? Explain. 3). An annual statement of all the transactions between one country and the rest of the world, is called that countrys: ?? a. dollar outpayments.? ?? b. international transactions statement.? ?? c. current capital campaign.? ?? d. all of the above? 4). In the international transactions statement, merchandise trade, exchange of services and transfers of capital are divided into those giving rise to __________________ (plus or credit items) and those resulting in__________ (negative or debit items).? ?? a. credit accounts and credit debits? ?? b. dollars and capital? ?? c. currents and accounts? ?? d. dollar inpayments and dollar outpayments? 5). The current account component of the statement includes transactions in? goods and services; while purchases and sales of assets make up the:? ?? a. capital account.? ?? b. current capital.? ?? c. current purchases.? ?? d. none of the above?  6). In terms of the current account, if US merchandise exports total 900 million dollars and US merchandise imports total 1500 million dollars, then the balance of trade on US merchandise trade would be:? ?? a. a 2100 million dollar credit.? ?? b. 2100 million dollars.? ?? c. a 600 million dollar deficit.? ?? d. a 900 million dollar deficit.? Chapter 3 The Foreign Exchange Market 1）What are the major types of transactions or activities that result in demand for foreign currency in the spot foreign exchange market? 2）You have access to the following three spot exchange rates: $0.01/Yen $0.20/krone 25Yen/krone You start with dollars and want to end up with dollars. A）How would you engage in arbitrage to profit form th