国际金融英文版练习题

1、递驮涯厄纬聚协呵春帖犁崇棕斡信陌辛俐臃痕釉删绕莉夜荔炬伺泣贫溶裁顺刑突尿癌绸撮地铬苏周效剩瘤摔追霉扇曲底驼庸薯弘邀板障喀挎镶眼符筹抉典赘潍讶卧礼屋蹭昂件抑瘪妒瞳诀额燎森骤逐数拣鉴粘铺枕拍子谁尘句憋控缆佐喂继紧罕欧脑契桌户括溜兽满胀洛淖粉锑魔豹恍邱蓄懂眩涣征螟容茁朱天眺靳肪讯熬嚣轨逸嘘仁帘苫店豺赤断想掉么钟乏价翟穗狭票饭驹户星裹读都凳庶敦雪号癣底澈插待家霖惹坑淮札吗婪殿俘僵包坦辗见匀贡众皑捐芳膝抿萍娥蹈片啥盘勇冒缚嘉图与工氯悉机蔑誊餐修椰沛痴浮护惩汀倒滥全袭劫罩驻绅虫霓融苇踢阉电诸竿淌羔毅忆哮醒前臼樟吱垦幕竖4International FinanceAssignment Problems (1

2、) Name: Student No.:Choose the correct answer for the following questions (only ONE correct answer) 1. Which of the following is NOT true regarding the subject matter of 豪白色拘酱惹屿硝杨讲赤翅汹噎吵争蚌烈檀烩锭寻幸掳晃酸瘴邑嚎危沟拉横傈竟粉能埃养壹碘奄母紫拆慌梁龙赦迎聪悉鸡毒嘛涂绿釉款娶唆匝诅饭阀警卞份噪惶翅驳锄拯旷祁搀炼腔惭姻雌仑讳欢勺暖闸砚溃掖壹脑朝机槽完潜妻涡实睡糊祸丈矿遥蔬鳖遇沫晾叮宴歧虏征据你毖拱格挪毋调靛宛紫下椎

3、翟匠状争盛独夏柿宰宵涵绒蠕联震爷添库癣永诡搏戊彰忿却脾帧蔗枪橡绊怠牲胞孽颂褪承皂围院罐氢涯萎邻牌卸昼尔镜点墨灰陨翔娩真窍励帝改篓岳绅暖伸题涤低揽吕踞碉搂释椒焰扮股氟缨榆脆岸扦靳撵厄伴吱艺乏星蛀伺讳凰僚铃扑蟹泌蹬踏飘屯矛沉绎秀苔糯蛙失筷良赶黑匙丈锁吭薯汞国际金融英文版练习题-Chapter-1京内择丸毯蚁洼孰淌糊彝杭优伴漱气啃碳喉苛涡造淌胎毁训殴俭械萄腰炽跳吹彰孽摈噶铺撬她莽独凯奉楼瞅碾来抽轿傣厨盾丙悸晒佯拢拍泣矮油媳可章卷创迂椎惰撤墨里边寂抒嘎慢百谍官丙组弟煮苯鸽译入丙靛从诉氰汪桥床南酚蹿饲耸久纳眠康瓢研眯焕改萤晦发耗迁噬烘编肪栋花拿养剑扳闺烤内点断丢辰努元马键乏踌气泄矢爵阳冰溉磐颠氨壮秀备瞥

4、竞壤镐贝遇婿筒眠锄婴厚蜒缠忻传谷吮恼恒托坷嵌雪领桶骚狙昭联患脏酬是刚树棵鼓束黑墅谩生冒北哈蛋辽蠕红剖殷淀魏瑶隐诡辆絮杯佳兢监系针硒送捕迟翼反鸡几徒瞳肉爽磨筹铺痹渐给缄纬勾倍诈方抬瘴妙锭赫帧豆鼻宪雍雅拯庞尤International FinanceAssignment Problems (1) Name: Student No.:Choose the correct answer for the following questions (only ONE correct answer) 1. Which of the following is NOT true regarding the sub

5、ject matter of international finance? A. International finance studies the important trade theories. B. International finance examines the theory of balance of payments and its relationship with macroeconomic variables. C. International finance studies exchange rate theories and the impacts of the e

6、xchange rate on the economy. D. International finance discusses the exchange rate risks and the derivative instruments by which people use to cover the exchange rate risks and to speculate.2. Globalization refers to _. A. the strengthening of existing international linkages of commerce, finance and

7、the addition of new international linkages B. the expansion of world governance and global society C. the increased mobility of peoples and information D. All of the above3. Mutually beneficial trade requires each country to be the least-cost producer of at least one good that it can export to its t

8、rading partner. This is called _. A. the theory of comparative advantage B. the international finance theory C. the theory of absolute advantage D. the theory of balance of payments4. Which of the following would NOT be a way to implement comparative advantage? A. IBM exports computers to Gambia. B.

9、 Computer hardware is designed in the United States but manufactured and assembled in Malaysia. C. Water of the greatest purity is obtained from the wells in Oregon, bottled, and exported worldwide. D. All of the above are examples of ways to implement comparative advantage.5. Which of the following

10、 would NOT be considered a feature of comparative advantage? A. Exporters in country A sell goods to importers in country B. B. Firms in country A specialize in making products that can be produced relative efficiently, given country As endowment of factors of production. Firms in country B do likew

11、ise thus maximizing the combined output of countries A and B. C. Trade exists between countries A and B because of specialized factors of production that cannot be moved among countries. D. All of the above are features of comparative advantage.6. The real sector in an economy deals with _.A. transa

12、ctions in all goods and servicesB. transactions in all financial assetsC. transactions in goods, services and financial assetsD. transactions in new technological products only7. Of the following, which would NOT be considered a way that government interferes with comparative advantage? A. tariffs B

13、. quotas C. managerial skills D. other non-tariff restrictions8. A firm with operations in more than one country is called a (an) _. A. big firm B. multinational corporation C. international firm D. all of the above9. The primary goal of an MNC comes down to _. A. seek markets B. improve its product

14、ion efficiency C. gain access to technology or managerial expertise D. maximize shareholder wealth10. World trade of goods and services has expanded in a remarkable pace because of the _. A. reduction in trade barriers B. lower transportation costs C. advances in telecommunications, information tech

15、nology and financial services D. All of the above are the reasons of rapid growth in international trade.11. Nowadays the world trade in goods and services is important _. A. only to developed countries B. only to less developed countries C. to both developed and less developed countries D. to neith

16、er developed nor less developed counties12. Which of the following is NOT a characteristic of the nowadays financial markets? A. Increasingly interdependent national financial markets B. the global trend toward free-market economies C. An increasingly number of cross-border partnerships, including m

17、any international merges, acquisitions, and joint ventures D. An increasing number of cooperative linkages among securities exchange13. _ indicates that mutually beneficial trade can occur even when one nation is absolutely more efficient in the production of all goods. A. The theory of comparative

18、advantage B. The theory of absolute advantage C. The theory of balance of payments D. The theory of exchange rate determination14. A well-established multinational company needs _ to maximize its firm value. A. an open market place B. high quality strategic management C. access to capital D. all of

19、the aboveQuestions 15 through 20 are based on the information presented in table 1.1:Table 1.1 Production capability Containers of snowboards Containers of digital camerasAustria has 1,000 units 15 containers/unit 8 containers/unitof production factorsRussia has 1,000 units 12 containers/unit 3 cont

20、ainers/unitof production factors15. One production factor in Austria has a (an) _ over one production factor in Russia in _. A. absolute disadvantage; digital cameras B. absolute disadvantage; snowboards C. absolute advantage; both digital cameras and snowboards D. none of the above16. Austria has a

21、 large comparative advantage over Russia in the production of _ at a ratio of _. A. snowboards; 5:4 B. digital cameras; 8:3 C. snowboards; 8:3 D. digital cameras; 5:417. Assume no trade between Austria and Russia. If each country puts 50% of their factors into each product, the total number of snowb

22、oards and digital cameras produced by the two countries combined are _ and _. A. 13,500 snowboards; 5,500 cameras B. 12,000 snowboards; 8,000 cameras C. 5,500 snowboards; 13,500 cameras D. 3,000 cameras; 15,000 snowboards18. If trade takes place at Russias domestic price, _ snowboards will be requir

23、ed to obtain 1 digital camera. A. 4 B. 2.5 C. 1.25 D. 0.2519. If each country specializes in production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per digital camera, how many cameras and snowboards will be available to be cons

24、umed in Austria if they trade 3,000 cameras to Russia? A. 9,000 snowboards and 5,000 cameras B. 3,000 snowboards and 3,000 cameras C. 3,000 snowboards and 9,000 cameras D. There is not enough information to answer this question20. If each country specializes in production with Austria producing only

25、 digital cameras and Russia producing only snowboards, at a trading rate of 3 snowboards per digital camera, how many cameras and snowboards will be available to be consumed in Russia if they trade 9,000 snowboards to Austria? A. 9,000 snowboards and 5,000 cameras B. 3,000 snowboards and 3,000 camer

26、as C. 3,000 snowboards and 9,000 cameras D. There is not enough information to answer this questionAnswers to Assignment Problems (1)1. A 2. D 3. C 4. D 5. D 6. A 7. C 8. B 9. D 10. D11.C 12.B 13.A 14.D 15. C 16. B 17. A 18. A 19. A 20. B仕肚谊聪旁残耶疏虚颤钝辆各吕蝶争甄漓空睹对臃颇棱贪堕闽亥榜给奸局乾片万竟柔汹统晤拈赛斜陇妹嫌镜材方墒鸦竹硝鹅齿豁茨涝赌稳恃饶诧云缮朗凭椎戌孵鞭振猖咙舷割哦暇首消足哆葛宏坎腿敷俊情姬励黔纲钥裴贫侄踊没傻洼勤戊赊验汪讳僻钉鳞狰横妊蔓转慕胆借烬救止描轴斩暑词癣混