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FIN542 CHAPTER 1 Intro to IFM

Total questions: 16

Worksheet time: 52mins

Name
Class
Date
1.

Which of the following can be considered as a political risk?

a)

Inflation rate

b)

Recession

c)

Riot

d)

Tax

2.

Which of the following is/are the risk(s) that an international business may be exposed to?

a)

Political risk

b)

Foreign Exchange Risk

c)

Ethical Risk

d)

All of it

3.

The mainly general type of Direct Foreign Investment (DFI) is

a)

Franchising

b)

Patent

c)

International trade

d)

Establishment of new subsidiaries

4.

Balance of payment is measured as

a)

Difference between visible items of exports and imports

b)

Difference between invisible items of exports and imports

c)

Difference between external and internal flow of gold

d)

Difference between all receipts and payment of international transaction

5.

Trade balance is measured as

a)

Difference between import and export of goods

b)

Difference between import and export of services

c)

Difference between import and export of capital

d)

Difference between all exports and all imports

6.

Current account records transactions relating to

a)

Export and import of goods

b)

Scholarship and foreign aid

c)

Legal fees

d)

All of these

7.

Which of the following are not included in the trade balance?

a)

Payment of interest and dividend

b)

Expenditure by tourists

c)

Borrowing from rest of the world

d)

All of these

8.

Which of the following items are not a part ofcapital account?

a)

loans

b)

Banking capital transactions

c)

Unilateral transactions

d)

Portfolio investment

9.

Borrowing from abroad is recorded in services balance . True or false?

a)

True

b)

False

10.

which one of the following items is an intangible item in balance of payments statement?

a)

Export of food grain

b)

import of crude oil

c)

banking services provided in other countries

d)

import of steel by steel industry

11.

Trade deficit refers to the situation where

a)

Export of goods is more than the import of goods

b)

Export of goods is less than the import of goods

c)

Export of services is more than the import of services

d)

Export of services is less than the import of services

12.

Current Account records all payments to the rest of the world as _____ and all receipts from rest of the world as______

a)

Credit,

Debit

b)

Debit,

Credit

c)

Debit,

Debit

d)

Credit

Credit

13.

Decrease in foreign exchange reserve will be recorded on the

a)

Credit side of BoP

b)

Debit side of BoP

c)

Not added to BoP

d)

Both the sides

14.
Making, buying, and selling goods and services within a country is called
a)
international business
b)
global dependency
c)
domestic business
d)
none of these
15.
International business involves the buying and selling of products or services between countries.
a)
True
b)
False
16.
An example of domestic business is when a person living in Canada buys  a product made in Germany.
a)
True
b)
False