分析多种选择multiple choices to ch3CH3.pdfVIP

Multiplechoicestoch3

8.IfJapanexportsmorethanitimports,then

A.Thesupplyofdollarsislikelytoexceedthedemandintheforeignemarket,ceteris

paribus.

B.Onecaninferthattheyenwouldbelikelytoappreciateagainstothercurrencies

C.a)andb)

D.Noneoftheabove

9.Thebalanceofpaymentsrecords

A.Onlyinternationaltrade,(exportsandimports).

B.Onlycross-borderinvestments(FDIandportfolioinvestment).

C.Notonlyinternationaltrade,(exportsandimports)butalsocross-borderinvestments.

D.Noneoftheabove

10.CreditentriesintheU.S.balanceofpayments

A.ResultfromforeignsalesofU.S.goodsandservices,goodwill,financialclaims,andrealassets.

B.ResultfromU.S.purchasesofforeigngoodsandservices,goodwill,financialclaims,andreal

assets.

C.Giverisetothedemandfordollars.

D.Giverisetothesupplyofdollars.

E.Botha)andc)

11.Acountryexperiencingasignificantbalance-of-paymentssurpluswouldbelikelyto

A.Expandimports,offeringmarketingopportunitiesforforeignenterprises.

B.Unlikelytoimposeforeignerestrictions.

C.Expandexports,offeringinternationalmarketingopportunitiesfordomesticenterprises.

D.Botha)andb)

E.Noneoftheabove

18.Theofficialreserveaccountincludes

A.Theexportandimportofgoodsandservices.

B.Allpurchasesandsalesofassetssuchasstocks,bonds,bankaccounts,realestate,and

businesses.

C.Allpurchasesandsalesofinternationalreserveassetssuchasdollars,foreignes,gold,

andspecialdrawingrights(SDRs).

D.Noneoftheabove

22.In2007theUnitedStateshadacurrentaccountdeficit.Thecurrentaccountdeficitimpliesthat

theUnitedStates

A.Ha