国际金融英文版试题chapter4汇编

学习好资料INTERNATIONALFINANCEI.forthefollowing(onlycorrect(3.5creditstotalcreditsx20=1.Theexchangeratesystemtoacountry’sinternaleconomicpoliciessuchasemployment,inflationandinterestratelevelsacountry’smonetarypoliciesacountry’sfiscalpolicesacountry’schoiceaswhichexchangerateregimesuchasfixedorfloatingorbetweentofollow2.Themonetarysystembroadlythesetofrules,proceduresthatgovernconductoffinancialnationsthesetofrulestomanageeverycountry’scentralbanksthesetoftobetweenthesetoftoworldeconomy3.Underexchangefixedeachcurrencyunitbetoweightofthegoldcouldbeexportedandimportedwithcouldbemintedallofabove4.WhenthegoldstandardUnitedStatesfixedpriceofatouncetheBritainfixedthepriceatounce.Nowsupposethefortransportingofwereapproximately$0.03persterlingofgold.theexchangeofdollarsterlingfluctuatebetween_________.$4.8856/₤and$4.8256/₤$4.9042/₤and$4.8070/₤$4.9770/₤and$4.7463/₤Wedon’tknow,becauseitdependsonsupplyanddemandforcesintheforeignexchangemarket5.theparvalueofexchangeratewasdeterminedby__________.parityofrelativecurrenciesinterestrateofrelativecurrenciessupplyforcesintheforeignmarketinflationrateofrelativecurrencies更多精品文档学习好资料6.thefollowingtruetheofthegoldstandardWorldWarIcountriessuspendconvertibilityofcurrenciesintogold.ThecostsofmaintainingtheovervaluedsointheUnitedKingdom.Nationsfacing–1933worldwideobjectivessuchashigherratesrealrathertomaintaintheexchangeofAllofabovethereasonsstandardcollapsed.7.dollarascurrencyinunderBrettondollarwasacceptedbyoftheworldbecause__________.itcouldbeusedpurchasegoodsanditcouldbeconvertedatpriceoftheonlythattimetheforcedrestofworldtodollartosettledebts8.TheprincipalfunctionofInternationalMonetaryFund(IMF)wasoriginallytoasupranationalregulatoryagencyallcountriescentralbankslendtonationsashortageofforeignexchangefinancepostwarparticularlyinEuropeJapanreducerelatingtocurrency9.1971therateswerestableofBrettoniftheparvalueofdollarwassetby¥100/$,theupperlimitandlowerlimitthatexchangeratefluctuatewouldbe.¥101/$¥99/$¥102.25/$and¥105/$and95/$¥110/$¥10.Theincreaseinvalueoftoanothercurrencyisknownasappreciationdepreciationrevaluation11.Acountrythatrateatwhichitscurrencyisall更多精品文档学习好资料currenciesisconsideredtohavea__________system.fixedmanagedfloatingorflexiblecurrencydollarization12.Whichoffollowingtrueforthoseinoffloatingexchangesystem?FloatingexchangeratesensureequilibriumFloatingexchangeratesensuremonetaryautonomyFloatingexchangeratesstabilityAllofabove13.theoffloatingexchangeratesin1973itbecomethatauthoritieshavelettheircurrencyfloatfreelybuthavefrequentlytotheexchangerate.ThisfloatingexchangeratesystemalsocalledfloatmanagedfloatdirtyfloatBothBCare14.Oneofbenefitsoftheofisthatitpromotesinvestmentsinthosecountriesavoidtheexchangeratehelpsthoseeuro-zonecountriesinflationAllofabovefor15.Whichoffollowingexchangeratefromlesstomorefloating,board,crawlingfloating,crawlingpegs,dollarizationfloating,board,managedfloatingcrawlingpegs16.Acurrencyboard’sforeignexchangereservesareequalto__________orslightlyofitsnotesandcoinsincirculation,as100%17.Whichofthefollowingfeaturesbyfloatingexchangerate更多精品文档学习好资料TheexchangearedeterminedbytheTheexchangebyminute.ThecentralbankhastomaintainofforeignThecentralbankcanpolicy.18.ThewasmembernationsdetermineownexchangearrangementsbytheAccordJamaica19.TheStatesadoptedmodifiedstandardin1934whenthetoounceofgoldfrom20.67perouncepriceeffectpriortoWorldWarI.Thedollardevaluationcancalculatedas__________.(20.67–/35(20.67–/–/35–/20.WhichoffollowingNOTthe1976Itlegitimizedfloatingexchangesystem.ItaimedincreasingimportanceSDRsinItemphasizedtheofgoldinAllofaboveII.Questionsthroughbasedfollowingcreditsforeachcredits2.5x4=10AssumeoneArgentinapesoiscomposedof$0.50and€0.50.Alsothespotdollar/eurorateis$1.10/€.Thepeso/dollarexchangerateshouldbe__________.Thepeso/euroexchangeshouldbe__________.Theweighttodollarinonepesois__________.TheweighttoeuroinArgentinaQuestionsthroughbasedfollowing(10creditstotal)standardthegoldwasounceinUnitedThegoldparvaluewasperounceinBritain.5.parexchangerateperpound)impliedbycredits)更多精品文档学习好资料6.Howwouldyouarbitrageiftheexchangeintheexchangemarketwereperpoundcredits)7.pressureonexchangebythis(48.AEuropean-basedshipsamachinetooltoainpurchasepriceis€375,000.Jordanimposesa12%importdutyonallproductspurchasedfromUnion.JordaniantheSaudiArabianbutonlyitsownresalefeeof22%.thefollowingexchangeratesMay25,2004,isthecosttotheSaudiinSaudi