国际金融英文版练习题-Chapter-1.doc

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1、InternationalFinanceAssignmentProblems(1)Name:StudentNo.:Choosethecorrectanswerforthefollowingquestions(onlyONEcorrectanswer)1.WhichofthefollowingisNOTtrueregardingthesubjectmatterofinternationalfinance?A.Internationalfinancestudiestheimportanttradetheories.B.Internat

2、ionalfinanceexaminesthetheoryofbalanceofpaymentsanditsrelationshipwithmacroeconomicvariables.C.Internationalfinancestudiesexchangeratetheoriesandtheimpactsoftheexchangerateontheeconomy.D.Internationalfinancediscussestheexchangeraterisksandthederivativeinstrumentsbywhi

3、chpeopleusetocovertheexchangeraterisksandtospeculate.2.Globalizationrefersto__________.A.thestrengtheningofexistinginternationallinkagesofcommerce,financeandtheadditionofnewinternationallinkagesB.theexpansionofworldgovernanceandglobalsocietyC.theincreasedmobilityofpeo

4、plesandinformationD.Alloftheabove3.Mutuallybeneficialtraderequireseachcountrytobetheleast-costproducerofatleastonegoodthatitcanexporttoitstradingpartner.Thisiscalled__________.A.thetheoryofcomparativeadvantageB.theinternationalfinancetheoryC.thetheoryofabsoluteadvanta

5、geD.thetheoryofbalanceofpayments4.WhichofthefollowingwouldNOTbeawaytoimplementcomparativeadvantage?A.IBMexportscomputerstoGambia.B.ComputerhardwareisdesignedintheUnitedStatesbutmanufacturedandassembledinMalaysia.C.WaterofthegreatestpurityisobtainedfromthewellsinOregon

6、,bottled,andexportedworldwide.D.Alloftheaboveareexamplesofwaystoimplementcomparativeadvantage.5.WhichofthefollowingwouldNOTbeconsideredafeatureofcomparativeadvantage?A.ExportersincountryAsellgoodstoimportersincountryB.5B.FirmsincountryAspecializeinmakingproductsthatca

7、nbeproducedrelativeefficiently,givencountryA’sendowmentoffactorsofproduction.FirmsincountryBdolikewisethusmaximizingthecombinedoutputofcountriesAandB.C.TradeexistsbetweencountriesAandBbecauseofspecializedfactorsofproductionthatcannotbemovedamongcountries.D.Alloftheabo

8、vearefeaturesofcomparativeadvantage.6.Therealsectorinaneconomydealswith__________.A.transactionsinallgoodsandservicesB.trans