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Q.1
International Finance Analyzes the following areas of study:
Optimum currency area theory
Mudell-Flemig Model
Interest Rate Parity
All of the Above
Q.2
An invoice is issued by the seller to the buyer.
True
False
Q.3
A bill of lading is issued by the seller (exporter) evidencing shipment of goods.
True
False
Q.4
A Malaysian exporter is allowed to issue invoice in Ringgit Malaysia to the importer in China and in return receives payment in Ringgit Malaysia from China.
True
False
Q.5
The difference between bid and offer rates is called a premium.
True
False
Q.6
Under documentary collection, the buyer's bank guarantees payment to the seller.
True
False
Q.7
Which of the following was instrumental in creating the global economy that exists today?
The use of high taxes for imports and exports
Improvements in technology such as the Internet
The creation of one form of currency (money) used to trade
The success of the Communist governments in guiding trade
Q.8
Trust Receipt is a financing available to importers (buyers) only.
True
False
Q.9
A "clean" bill of lading shows that the goods have been received by the buyer in good condition.
True
False
Q.10
Which Incoterm applies when the seller's obligations end once the goods are packed for transportation?
FOB
CIF
EX-WORKS
Q.11
When the economy of two countries depend on each other, it's called:
economic interdependence
multinational cooperation
isolationism
outsourcing
Q.12
When people trade how do both sides benefit?
Countries can focus on producing specific goods from their natural resources instead of trying to create everything they need
Countries can take advantage of each other making the international market more secure
Countries are able to learn the weaknesses of other countries and exploit those for natural resources
Countries are able to enter other countries with spies and foreign agents to undermine governments.
Q.13
What is globalization?
The increased flow of trade, people, technology, and culture among countries.
The decreased flow of trade, people, technology, and culture among countries.
The creation of one global empire and government under a single super power.
The creation of a global cellular network to use phones internationally.
Q.14
What would be one consequence of a prolonged decline in the value of the euro relative to the U.S. dollar?
European exports to the United States would become less expensive.
U.S. exports to Europe would become cheaper.
European imports from the United States would increase.
U.S. imports from Europe would become more expensive.U.S. imports from Europe would become more expensive.
Q.15
Cash Rate is ______
T+0
T+2
T+3
T+1
Q.16
_____ investor makes risk free profit.
Hedger
Speculator
Arbitrageur
Bull
Q.17
_______declared that USA will not accept BWS.
Nixxon
Ronald Regan
Donald Trump
Barack Obama
Q.18
Two institutes created with BWS are ___________
IMF
World Bank
Asian Development Bank
Both A & B
Q.19
Dirty Float is also called as _______
Fixed Exchange Rate
Floating Exchange Rate
Managed Float
Clean Float
Q.20
Bid Rate is a rate at which Bank _________
Sells
Negotiates
Trades
Buys
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