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an investor purchases the right to receive a specified fixed stream of income from the
corporation when he purchases a share of stock.
Gold was declared as the formal reserve asset in the Jamaica agreement of 1976.
it is difficult to ascertain accountability in the global matrix structure.
time drafts cannot be sold to investors at a discount from its face value.
contractual safeguards cannot be written into an alliance agreement to guard against the
risk of opportunism by a partner.
Globalization of markets has resulted in greater differentiation of consumer tastes and
preferences.
a capital intensive country exports products that are capital intensive. this is an example
of leontief paradox.
The standards of U.S. Financial Accounting Standards Board and IASB are vastly
different.
costs that an early entrant has to bear that a later entrant can avoid are known as
first-mover costs.
the ppp theory argues that the exchange rate will change even if relative prices remain
unchanged.
rights theories recognize that human rights and privileges are culturally determined and
vary from country to country.
regardless of whether the straight-line method or the effective-interest method is used,
the carrying value of a bond issued at a discount will decrease continually over the
bonds life.
according to ricardo's theory of comparative advantage, countries shall not produce a
good even if they have an absolute advantage in its production.
The ending rate refers to the spot exchange rate forecast for the end of the budget
period in the Lessard-Lorange Model.
Gold par value refers to the ____.
A.ratio of price of gold in a currency to price of gold in U.S. dollars
B.amount of a currency needed to purchase one ounce of gold
C.ratio of price of gold in a currency to price of gold in euros
D.amount of gold required to equal the reference currency that a nation is using
The amount of a currency needed to purchase one ounce of gold is referred to as the
gold par value.
according to alexander yeats:
a.the trade diversion effects of mercosur outweigh its trade creation effects
b.the fastest growing items in intra-mercosur trade were capital-intensive goods
produced efficiently in the member countries
c.mercosur countries will be able to compete globally once the group's external trade
barriers come down
d.the customs union is becoming more perfect over time
with a(n) _____ system, suppliers, shippers, and the purchasing firm can communicate
with each other with no time delay.
a.cad
b.jit
c.cam
d.edi
which strategy focuses on increasing profitability by customizing the firm's goods or
services so they provide a good match to tastes and preferences in different national
markets?
a.global standardization strategy
b.transnational strategy
c.localization strategy
d.international strategy
_____ can inject risk into foreign currency borrowing.
a.movements in exchange rates
b.use of fixed-exchange rates
c.issue of domestic bonds
d.use of pegged exchange rates
a current liability is a debt that can reasonably be expected to be paid
a.within one year, or the operating cycle, whichever is longer
b.between 6 months and 18 months
c.out of currently recognized revenues
d.out of cash currently on hand
In the last two decades, Latin American countries like Brazil, Mexico, and Chile have
____.
A.embraced communist principles
B.promoted government ownership of enterprises
C.experienced increasing debt and inflation
D.welcomed foreign investment
gni per person figures can be misleading because ____.
a.they also include barter agreements
b.they provide a dynamic picture of development
c.they don't consider differences in the cost of living
d.they don't consider exchange rate
bolivia, peru, ecuador, columbia, and venezuela are all members of:
a.mercosur
b.nafta.
c.apec.
d.the andean pact
which of the following statements concerning bonds is not a true statement?
a.bonds are generally sold through an investment company
b.the bond indenture is prepared after the bonds are printed
c.the bond indenture and bond certificate are separate documents
d.the trustee keeps records of each bondholder
according to the _____ approach, the best decisions are those that produce the greatest
good for the greatest number of people.
a.naive immoralist
b.friedman doctrine
c.kantian ethics
d.utilitarian
in sen's view, development is an economic process that should be assessed by material
output measures such as gni per capita.
Which of the following statements is true of the Gold standard?
A.Gold standard was adopted only by the smaller nations of the world.
B.Currencies were pegged to gold under the gold standard.
C.Convertibility to gold was not guaranteed under the gold standard.
D.Gold standard was not helpful in maintaining balance-of-trade equilibrium.
what factors affect the success of a firm's international communications?
explain economist martin feldstein's concepts of "hot money" and "patient money."
briefly describe the trends observed in the global deregulation of financial services.
what are the central issues facing the wto at the present time?
why do acquisitions fail?
discuss the notion of a product being a bundle of attributes. how can approaching a
product in this manner help a firm reach its target market?
