国际金融英文版习题.docxVIP

国际金融英文版习题 国际金融英文版习题 Chapter1 balance of payments Balance of Payments Accounting 1 Balance of payments a) is defined as the statistical record of a country’s international transactions over a certain period of time presented in the form of a double-entry bookkeeping b) provides detailed information concerning the demand and supply of a country’s currency c) can be used to evaluate the performance of a country in international economic competition d) all of the above Answer: d 2 Generally speaking, any transaction that results in a receipt from foreigners a) Will be recorded as a debit, with a negative sign, in the U.S. balance of payments b) Will be recorded as a debit, with a positive sign, in the U.S. balance of payments c) Will be recorded as a credit, with a negative sign, in the U.S. balance of payments d) Will be recorded as a credit, with a positive sign, in the U.S. balance of payments Answer d 3 Generally speaking, any transaction that results in a payment to foreigners e) Will be recorded as a debit, with a negative sign, in the U.S. balance of payments f) Will be recorded as a debit, with a positive sign, in the U.S. balance of payments g) Will be recorded as a credit, with a negative sign, in the U.S. balance of payments h) Will be recorded as a credit, with a positive sign, in the U.S. balance of payments Answer a) 4 Suppose the McDonalds Corporation imports 100 tons of Canadian beef, paying for it by transferring the funds to a New York bank account kept by the Canadian Beef Conglomerate. i) Payment by McDonalds will be recorded as a debit j) The deposit of the funds by the seller will be recorded as a debit k) Payment by McDonalds will be recorded as a credit l) The deposit of the funds by the buyer will be credit Answer: a 5 Since the balance of payments is presented as a system of double-entry bookkeeping, a) Eve