Exchange rate for a currency trade for delivery

Assignment Help Business Management
Reference no: EM13899950

Exam: 500662RR - The Nature of International Business and CoIoperation among N

1. An explanation of how a product begins as a country's export and later becomes an import is the theory of
A. international product life cycles.
B. unfair retaliation.
C. directional trade.
D. supply and demand.

2. The organization established along with the IMF at the Bretton Woods meeting is the
A. Bank for International Settlements.
B. United Nations.
C. International Monetary Fund.
D. World Bank.

3. The economic cooperation of the EU is most accurately described as a
A. free trade area.
B. common market.
C. complete economic integration.
D. customs union.

4. The _______, a collaboration of nations pooling money to lend to countries in debt, is associated with
the United Nations.
A. IMF
B. IBRD
C. GATT
D. OECD

5. What is an economy of scale?
A. The price of scales exceeds the cost of producing them.
B. The price of scales is lower than the cost of producing them.
C. As a plant gets larger, the average cost of producing a unit of output decreases.
D. As a plant gets larger, the average cost of producing a unit of output increases.

6. Which one of the following statements about balance of payment (BOP) accounts is correct?
A. Its outflowing funds are tracked as debits.
B. The merchandise account deals with intangibles-such as royalties and trademarks.
C. The current account tracks the net changes in a nation's assets and liabilities.
D. A country's BOP is stated as a single account balance.

7. Decision making in the international environment is _______ in a purely domestic environment.
A. less demanding than
B. about the same as
C. less complex than
D. more complex than

8. The _______ has had a central role as a main central reserve asset of many countries, as a vehicle
currency, and as an intervention currency.
A. U.S. dollar
B. yen
C. Euro
D. British pound

9. The idea that market forces, not government controls, should determine direction, volume, and the
composition of international trade came from
A. the Ottoman Empire.
B. Milton Friedman.
C. Adam Smith.
D. Salvador Allende.

10. The increased internationalization of business requires _______ to have a basic knowledge of
international business.
A. managers of multinationals
B. managers of transnationals
C. managers of purely domestic operations
D. all managers

11. An evaluation of a country's economic and political risks made by a bank or potential investor is called a/an
A. country risk assessment.
B. benchmark.
C. international credit score.
D. stability appraisal.

12. Which of the following is not one of the primary criticisms of globalization?
A. It's contributed to a decline in environmental and health conditions.
B. It's increased the number of children in the work force.
C. It's produced uneven results across nations and peoples.
D. It's had deleterious effects on labor and labor standards.

13. When market demand and supply regulate the exchange rate with intervention designed to moderate the rate of change, it's called a/an
A. market method.
B. fixed peg.
C. crawling peg.
D. independent float.

14. Defining a standard unit of currency by its equivalent in gold is called
A. the gold standard.
B. par value.
C. coinage.
D. the price specie flow.

15. Treasury and Central Bank representatives met in _______ at the end of World War II and established the IMF, the World Bank, and the gold exchange standard.
A. Bretton Woods
B. Diekirch
C. Berlin
D. Jamaica

16. _______ can be divided into portfolio and direct investment.
A. Production
B. Exchange rate investment
C. Domestic investment
D. Foreign investment

17. Inflation is generally measured by calculating the changes in
A. exchange prices.
B. the balance of payments of 10 nations.
C. the prices of a variety of goods and services.
D. interest rates.

18. The exchange rate for a currency trade for delivery within two days is called the _______ rate.
A. spot
B. cross
C. forward
D. priority

19. An import duty that's a fixed percentage of the invoice value of an imported product is called a/an
_______ duty.
A. ad valorem
B. compound
C. invoice
D. specific

20. A/An _______ is all forces influencing the life and development of the firm.
A. local population
B. group pool
C. environment
D. foreign exchange

Reference no: EM13899950

Questions Cloud

How might a company configure its strategymaking processes : In a public corporation, should the CEO of the company also be allowed to be the chairman of the board (as allowed for by the current law)? What problems might this give rise to?
Applying philosophy to life : Applying Philosophy to Life - Assume that you are interviewing for a position as chair of a newly established ethics oversight committee for one of the following: Investment firm that offers advice and products to public retirement funds
Why was it profitable for gm and ford to integrate backward : Why was it profitable for GM and Ford to integrate backward into component-parts manufacturing in the past, and why are both companies now buying more of their parts from outside suppliers?
Information to prepare a complete statement of cash flows : The following summarized Cash T-account reflects the total debits and total credits to the Cash account of Thomas Corporation for calendar year 2013.
Exchange rate for a currency trade for delivery : The exchange rate for a currency trade for delivery within two days is called
How might a company configure its strategymaking processes : How might a company configure its strategymaking processes to reduce the probability that managers will pursue their own self-interest at the expense of stockholders?
The term tactical plans refers to : The term tactical plans refers to
A company reported average total assets : 1.A company reported average total assets of $ 1,240,000 in 2012 and $ 1,510,000 in 2013.
Prepare common-sized income statements for cvs and walgreen : Prepare common-sized income statements for CVS and Walgreen. Compute the average sales per store for CVS and Walgreen. Round to the thousands.

Reviews

Write a Review

 

Business Management Questions & Answers

  Small business management - franchises

How would you find out if a potential product or service would have demand for it and what would you like or dislike about being a franchisee?

  How differences in demand and elasticity lead managers

Propose how differences in demand and elasticity lead managers to develop various pricing strategies

  What impartial criteria would you use to determine

As a reader, what impartial criteria would you use to determine the validity of research articles? This is a conversation question support idea with appropriate references

  Effective leadership review literature relevant to

effective leadership review literature relevant to leadership qualities and the methods implemented to achieve

  Nine building blocks of detachable hood backpack

The idea of operating a business that deals with detachable hood backpack will be able to offer a unique experience to the customers. The detachable backpack hoods are integrated into the backpack to offer a super look. It is also truly differenti..

  Restructuring existing businesses

sticking closely with the existing business lineup and pursuing available opportunities.

  Important information about identify one modern

important information about identify one modern technologyfind one modern technology and discuss how this technology

  Explain how will the wholesalers have to adjust their mixes

Examine the future growth and nature of wholesaling if chains, scrambled merchandising and the internet continue to become more important. Explain how will the wholesalers have to adjust their mixes?

  Calculate the quantity demanded during the winter

Calculate the quantity demanded during the winter month of January

  Explain why how we do anything means everything

Explain Why How We Do Anything Means Everything by Dov Seidman and The Future of Management by Gary Hamel

  Problems with rewarding employees for their job status

Almost every organization rewards people to some extent for their job status and show three potential problems with rewarding employees for their job status.

  Important information about transactional analysisplease

important information about transactional analysisplease describe the topic of transactional analysishow might

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd