选择题样题文档格式.docx

1、C.capital imports.D.capital exports.2.Which of the following is considered a capital inflowA sale of . financial assets to a foreign buyerA loan from a . bank to a foreign borrowerA purchase of foreign financial assets by a . buyerA . citizens repayment of a loan from a foreign bank3.In a countrys b

2、alance of payments, which of the following items will be recorded as a debit entryDomestic bank balances owned by foreigners are reducedForeign bank balances owned by domestic residents are reducedAssets owned by domestic residents are sold to nonresidentsSecurities are sold by domestic residents to

3、 nonresidents4.When a . resident increases her holdings of a foreign financial asset, this item is recorded as a:credit entry in the . current account.debit entry in the . current account.credit entry in the . capital account.debit entry in the . capital account.5.Which of the following would tend t

4、o contribute to a . current account surplusThe United States makes a unilateral tariff reduction on imported goods.The United States cuts back on American military personnel stationed in Japan. tourists travel in large numbers to Asia.Russian vodka becomes increasingly popular in the United States.6

5、.A country experiencing a current account surplus:needs to borrow internationally.is able to lend internationally.must also have had a surplus in its overall payments balance.spends more than it earns on its merchandise and service trade, international income payments and receipts and international

6、transfers.7. .A nation is considered to be a（n） _ in the international market, if its current account is in deficit.importerexporterborrowerlender8.A nation is called a lender if:its financial account is in deficit during a time period.its current account is in surplus during a time period.its curre

7、nt account is in deficit during a time period.its net stock of foreign assets is positive.9.A nation is called a creditor if:it provided financial assets to other countries.10.The international investment position of a country shows:its stocks of international assets during a time period.its stocks

8、of international liabilities during a time period.its stocks of international assets and liabilities at a point in time.whether its current account is in deficit or surplus at a point in time.11. If the price of British pounds in terms of the . dollars is $ per pound, then the price of . dollars in

9、terms of British pounds is: per dollar.12.Rapid increases in the . exports of goods and services will result in a（n） _ foreign currency and a（n） _ the . dollars in the foreign exchange market.increase in the demand for; increase in the supply ofincrease in the supply of; increase in the demand forsh

10、ortage of; surplus ofdecrease in the supply of; decrease in the demand for13.An increase in the . imports of goods and services from the EU countries will result in a（n） _ euro and a（n） _ the . dollars in the foreign exchange market.decrease in the demand for; decrease in the supply ofsurplus of; sh

11、ortage of14.Assume you are a Chinese exporter and expect to receive $250,000 at the end of 60 days. You can remove the risk of loss due to a devaluation of the dollar by:selling dollars in the 60-day forward exchange market.buying dollars now and selling these dollars at the end of 60 days.selling t

12、he yuan equivalent in the forward exchange market for 60-day delivery.keeping the dollars in the United States after they are delivered to you.15.Assume you are an American importer who must pay 500,000 Euros at the end of 90 days when you receive 1,000 cases of French wine at your warehouse in New York. Suppose that you have not covered this transaction in the forward market, in which of the following cases wil