1、1. Theexchange-ratesystemthatbestcharacterizesthepresentinternationalmonetaryarrangementusedbyindustrializedcountriesis: a. Freelyfluctuatingexchangerates b. Adjustablepeggedexchangerates c. Managedfloatingexchangerates d. PeggedorfixedexchangeratesANSWER: cPOINTS: 1DIFFICULTY: EasyNATIONAL ST
3、rmcapitalmovementswhileprovidingexchangeratestabilityforcommercialtransactions? a. Dualexchangerates b. Managedfloatingexchangerates c. Adjustablepeggedexchangerates d. CrawlingpeggedexchangeratesANSWER: aPOINTS: 1DIFFICULTY: ModerateNATIONAL STANDARDS: UnitedStates-BPROG:ReflectiveThinking-B
4、PROG:AnalysisSTATE STANDARDS: UnitedStates-PA-DISC:Internationaltradeandfi-DISC:InternationaltradeandfinanceTOPICS: ExchangeRatePracticesKEYWORDS: BLOOM'S:Comprehension3. Whichexchange-ratemechanismcallsforfrequentredefiningoftheparvaluebysmallamountstoremoveapaymentsdisequilibrium? a. Dualexc
5、hangerates b. Adjustablepeggedexchangerates c. Managedfloatingexchangerates d. CrawlingpeggedexchangeratesANSWER: dPOINTS: 1DIFFICULTY: EasyNATIONAL STANDARDS: UnitedStates-BPROG:ReflectiveThinking-BPROG:AnalysisSTATE STANDARDS: UnitedStates-PA-DISC:Internationaltradeandfi-DISC:International
6、tradeandfinanceTOPICS: TheCrawlingPegKEYWORDS: BLOOM'S:Knowledge4. Undermanagedfloatingexchangerates,iftherateofinflationintheUnitedStatesislessthantherateofinflationofitstradingpartners,thedollarwilllikely: a. Appreciateagainstforeigncurrencies b. Depreciateagainstforeigncurrencies c. Beoffici
7、allyrevaluedbythegovernment d. BeofficiallydevaluedbythegovernmentANSWER: aPOINTS: 1DIFFICULTY: ModerateNATIONAL STANDARDS: UnitedStates-BPROG:ReflectiveThinking-BPROG:AnalysisSTATE STANDARDS: UnitedStates-PA-DISC
