Trade and Finance

A. increases the total portfolio value of foreigners who hold that currency
B. causes a drop in demand for that currency
C. increases confidence in a state’s ability to meet its debts
D. is rarely a quick fix for financial problems in the short term

A. the WTO will likely be replaced by the International Monetary Fund
B. the more necessary the WTO will be
C. a world-wide common market will soon be achieved
D. the WTO may be weakened

A. stimulus spending to increase inflation
B. deficit reduction to increase economic growth
C. deficit spending to stimulate the economy
D. fiscal restraint to bring down inflation

A. It is linked in value to a basket of several key international currencies
B. It can be owned by states or companies, but not by individuals
C. It is the closest thing to a world currency that exists
D. It is created in limited amounts by the IMF

A. They can’t use state funds to buy or sell currencies
B. All of their movements are tightly regulated by the IMF
C. Developing countries oppose the manipulation of markets by developed countries
D. The control only a small fraction of the money moving on such markets

A. “exported” currency to other countries
B. greatly increased tariffs on imports from Asia
C. increased export of goods and services by offering subsidies to those industries
D. invested heavily in the euro and the yen

A. Movement across borders of countries of goods, people, money, investments etc.
B. Globalization
C. International trade
D. None of the above

A. Transactions that occur through the web
B. Transactions that occur across open borders
C. Transaction that occur globally across widely dispersed locations
D. All of the above

A. A stock or share
B. A bond denominated in a currency that is alien to a substantial proportion of the underwrites through whom it is distributed and sold
C. A share issued simultaneously in different stock markets
D. A financial contract that derives its value from an underlying asset

A. Through capital controls
B. Through import tariffs
C. Through immigration controls
D. All of the above