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strayer university ITB400 QUIZ 1




Question;?;The theory of comparative advantage;Answer;?;Question 2;3 out of 3 points;In countries like France and Germany;Answer;?;Question 3;3 out of 3 points;In David Ricardo's theory of comparative;advantage;Answer;?;Question 4;3 out of 3 points;A corporation that can source its products in one;country, sell them in another country, and raise the funds in a third country;Answer;?;Question 5;3 out of 3 points;Most governments at least try to make it;difficult for people to cross their borders illegally. This barrier to the;free movement of labor is an example of;Answer;?;Question 6;0 out of 3 points;Today for an MNC to produce merchandise in one;country on capital equipment financed by funds raised in a number of;different currencies through issuing securities to investors in many;countries and then selling the finished product to customers in yet other;countries is;Answer;?;Question 7;0 out of 3 points;Privatization;Answer;?;Question 8;3 out of 3 points;The goal of shareholder wealth maximization;Answer;?;Question 9;3 out of 3 points;Privatization is often seen as a cure for;bureaucratic inefficiency and waste, some economists estimate that privatization;improves efficiency and reduces operating costs by as much as;Answer;?;Question 10;3 out of 3 points;The common monetary policy for the euro zone is;now formulated by;Answer;?;Question 11;3 out of 3 points;The World Trade Organization, WTO;Answer;?;Question 12;3 out of 3 points;Japan has experienced large trade surpluses.;Japanese investors have responded to this by;Answer;?;Question 13;3 out of 3 points;The owners of a business are the;Answer;?;Question 14;0 out of 3 points;Suppose you start with $100 and buy stock for ?50;when the exchange rate is ?1 = $2. One year later, the stock rises to ?60.;You are happy with your 20 percent return on the stock, but when you sell the;stock and exchange your ?60 for dollars, you only get $45 since the pound has;fallen to ?1 = $0.75. This loss of value is an example of;Answer;?;Question 15;3 out of 3 points;Privatization refers to the process of;Answer;?;Question 16;0 out of 3 points;The core of the Bretton Woods system was the;Answer;?;Question 17;3 out of 3 points;During the period of the classical gold standard;(1875-1914) there were;Answer;?;Question 18;3 out of 3 points;The Bretton Woods agreement resulted in the;creation of;Answer;?;Question 19;3 out of 3 points;To pave the way for the European Monetary Union;the member countries of the European Monetary System agreed to achieve a convergence of;their economies. Which of the following is NOT a condition of convergence;Answer;?;Question 20;3 out of 3 points;A booming economy with a fixed or stable nominal;exchange rate;Answer;?;Question 21;3 out of 3 points;The advent of the euro marks the first time that;sovereign countries have voluntarily given up their;Answer;?;Question 22;3 out of 3 points;The G-7 is composed of;Answer;?;Question 23;3 out of 3 points;The Asian Currency Crisis;Answer;?;Question 24;3 out of 3 points;Generally speaking, a country would be more prone;to asymmetric shocks;Answer;?;Question 25;3 out of 3 points;Put the following in correct date order;Answer;?;Question 26;0 out of 3 points;A central bank can fix an exchange rate;Answer;?;Question 27;3 out of 3 points;The Mexican Peso Crisis was touched off by;Answer;?;Question 28;3 out of 3 points;The United States adopted the gold standard in;Answer;?;Question 29;3 out of 3 points;According to the "Trilemma" a country;can attain only two of the following three conditions: 1) A fixed exchange;rate, (2) Free international flows of capital, (3) An independent monetary;policy. This difficulty is also known as;Answer;?;Question 30;3 out of 3 points;Prior to the Argentine Peso Crisis;Answer;Thursday;February 13, 2014 12:41:52 AM EST


Paper#46424 | Written in 18-Jul-2015

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