International Finance Flashcard

Front

The balance of payments must always balance.

Back

True

Front

Does a current account deficit indicate a country is importing more goods and services than it exports?

Back

True

Front

Does the IMF help countries stabilize their exchange rates?

Back

True

Front

Does the World Bank primarily provide funding for military expenditure?

Back

False

Front

SDR stands for Special Drawing Rights.

Back

True

Front

Do capital account transactions include portfolio investments?

Back

True

Front

Exchange rate stability is one of the key purposes of the World Trade Organization.

Back

False

Front

FDI is a short-term investment into a foreign country's capital market.

Back

False

Front

Does globalization impact exchange rates?

Back

False

Front

Trade deficits weaken a country's currency in the long run.

Back

True