BF150 Quiz 2 Review

This bank provides loans to foreign borrowers for use in buying U.S. exports. 

• Bank of America

• World Bank

• Export-Import Bank

• Chase Bank

A document issued by an exporter that contains the written order to an importer or an importer’s agent to pay a specified amount of money at a predetermined date or on demand. 

• Bill of Exchange

• Overdraft Protection

• Export Credit Card

• 90 Day Invoice

This organization maintains order in the international monetary system and helping governments to overcome the consequences of economic crises.

• Bank of America

• World Bank

• Chase Bank

• International Monetary Fund (IMF)

When a company decides to sell stock to investors. What type of financing is that?

• Overdraft Loan

• Stock Loan

• Equity Loan

• Credit Card

The values of a set of currencies are fixed against each other at some mutually agreed-on exchange rate.

• Fixed Exchange Rate

• Flexible Exchange Rate

• Global Exchange Markets

• International Stock Market

Multinational enterprises establish non-operating________ in tax havens in order to minimize the amount of taxes to pay. 

The accounting standards adopted worldwide to resolve the issue of differences in local accounting rules are called___________

When Company A owes Company B $4 million. But Company B owes Company A $6 million. To resolve it; Company B pays Company A $2 million. What type of netting is that?

When banks charge multinational companies for moving cash from one location to the next; what is that called?

_______ are banks that directly or indirectly connect borrowers and investors in the capital markets.