International Business Chapter 008 Currency Exchange Controls Are Found Most

subject Type Homework Help
subject Pages 14
subject Words 2117
subject Authors Donald Ball, Jeanne McNett, Michael Geringer, Michael Minor

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46.
Currency exchange controls are found most frequently in
47.
Foreign reserves are used to
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48.
Taxation is a financial force in that
49.
Lower corporate tax rates are found in
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50.
The inflation rate determines
51.
The balance of payments account is a record of
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52.
The balance of payments account is divided into the following three major subaccounts:
53.
Most significantly for the international manager, the balance of payments reveals
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54.
A vehicle currency is a currency
55.
In order to strengthen the U.S. dollar, the Federal Reserve might sell yen and buy dollars,
in which case the yen functions as
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56.
Monetary and fiscal policies have
57.
The international Fisher effect says that interest rate differentials
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58.
The law of one price says that
59.
The Fisher effect states that the real interest rate
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60.
The
Eonomist
's Big Mac Index suggests that
61.
One attribute of the U.S. tariff schedule is
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62.
Fixed rate relationships among currencies could not stay fixed, according to Obstfeld and
Rogoff, because
63.
In general, with regard to exchange controls, developed countries
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64.
Countries put limitations on the convertibility of their currency when they are concerned
that
65.
When a government requires a permit to purchase foreign currency, the exchange rates
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66.
The three major taxes governments use to generate revenue are
67.
A value-added tax is actually a sales tax that is
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68.
Withholding tax is
69.
In an inflationary economy the following conditions may be present:
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70.
The inflation rate determines
71.
With increasing inflation, borrowing becomes
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72.
World interest rates tend to vary across a small range because
73.
Balance of payments data
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74.
The current account on the BOP has three subaccounts:
75.
The
balance
part of the BOP is explained by
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76.
The U.S. current account deficit can be explained partially by
77.
A purchase of foreign goods from the U.S. (requiring importing) will be recorded in the
BOP as
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78.
The price of gold since about 1200 AD has been
79.
In 1717, Sir Isaac Newton took Britain from the silver standard (pounds sterling) to
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80.
What is appealing about the gold standard is
81.
Hawalas make currency exchange and
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82.
The Triffin paradox suggests that
83.
The SDR is
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84.
International reserve accounts are
85.
Who took the United States off the gold system?

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