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INTERNATIONAL FINANCE

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which is NOT the importance of international finance?

a)

Determine exchange rate

b)

Compare inflation rate

c)

Invest in debt securities

d)

Buy Insurance

2.

How many driving forces of financial globalization?

a)

4

b)

2

c)

5

d)

3

3.

The Mundell-Fleming model presumes:

a)

Prices are changing, but the IS-LM model assumes fixed prices

b)

Prices are fixed, whereas the IS-LM model assumes flexible prices

c)

Prices are fixed, as in the IS-LM model

d)

Prices are adjustable, as in the IS-LM model

4.

The study of monetary interactions that occur between two or more countries is known as international finance

a)

True

b)

False

5.

Economic benefits of a common currency are increase transaction costs, less uncertainty about exchange rates, elimination of large depreciations, reduced inflation level and variability and international currency

a)

True

b)

False

6.

What are the elements of an international finance organization?

a)

World Bank

b)

International Monetary Fund (IMF)

c)

National Bureau of Economic Research (NBER)

d)

International Finance Corporation (IFC)

7.

What is the important variable in long term financial management

a)

Provides management of corporation’s financial flows

b)

Planning of financing activities and development of global strategy of MNC

c)

Aimed primarily at increasing profitability and market value of MNC

d)

Accumulate a liquid funds 

8.

Knowledge of forwards, futures, options, and swap is required in domestic finance

a)

True

b)

False

9.

All the following are changes in capital market except:

a)

Cross-border financing has increased

b)

The non-banking financial institutions are not competing with banks in national and international market

c)

Bank have accessed a market beyond their traditional business

d)

Banking systems have been under a process of disintermediation

10.

Which are the following are not benefit of financial globalization?

a)

Borrowers and investors get a better pricing on their financing

b)

Corporation can finance the investments more reasonably

c)

Risk of a credit crunch has been reduced to extremely low levels

d)

Shortage of funds