International Business 15th Edition by Daniels

International Business 15th Edition by Daniels

ISBN-10:9780133457230 · ISBN-13:978-0133457230

Chapter 9 The Dedication of Alternate Fees

1) The primary aim of the International Monetary Fund is to ________.
A) encourage euro adoption
B) promote change charge stability
C) arrange a unilateral system of funds
D) foster the flexibility of the foreign-exchange market
Reply: B
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information

2) The Bretton Woods Settlement established a system of mounted change expenses under which each and every IMF member nation set a ________.
A) quota
B) par price
C) gold regular
D) nominal price of curiosity
Reply: B
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information

3) In an effort to be part of the IMF, a country ought to contribute a positive sum of money, known as a ________.
A) explicit drawing correct
B) commerce stability
C) monetary reserve
D) quota
Reply: D
Diff: 1
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information

4) Which of the following biggest describes the actual drawing correct?
A) a world reserve asset created to enhance members’ present reserve property
B) the official international cash for worldwide commerce established by the World Monetary establishment
C) another choice to the mounted price of gold as determined by international cash expenses
D) a contribution made by worldwide areas to hitch the IMF
Reply: A
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information
5) The value of the SDR is presently based on the ________.
A) euro
B) U.S. dollar
C) weighted widespread of 4 currencies
D) weighted widespread of six currencies
Reply: C
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information

6) What place has the IMF carried out throughout the Greek financial catastrophe of 2010-2011?
A) setting the value of the drachma
B) releasing funds for debt funds
C) demanding the sale of state-owned property
D) decreasing charges of curiosity for worldwide consumers
Reply: B
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Dynamics of the worldwide financial system

7) Which of the following was NOT a outcomes of the Smithsonian Settlement?
A) revaluation of currencies other than the dollar in the direction of gold
B) establishment of par values the quota system
C) devaluation of the dollar in the direction of gold
D) widening of exchange-rate flexibility
Reply: B
Diff: 2
Finding out Ultimate end result: Summarize the roles of the worldwide monetary system and world capital market
Expertise: Concept
Objective: 1
AACSB: Utility of information

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