国际金融试题及答案英文.docxVIP

国际金融试题及答案英文

InternationalFinance:ExaminationQuestionsandAnswers

I.MultipleChoiceQuestions(TotalScore:30points,3pointseach)

1.AccordingtothePurchasingPowerParity(PPP)theory,theexchangeratebetweentwocurrenciesisdeterminedby:

A.Theinterestratedifferentialbetweenthetwocountries.

B.Therelativepricelevelsofgoodsandservicesinthetwocountries.

C.Thebalanceofpaymentsofthetwocountries.

D.Thepoliticalstabilityofthetwocountries.

2.TheInterestRateParity(IRP)conditionsuggeststhat:

A.Theforwardexchangerateisthespo