FIN 4604 More Sample Questions 1-3(1)
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FIN 4604 More Sample Questions 1-3(1)

Course Number: ECON 102, Spring 2013

College/University: COMSATS Institute Of...

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Additional Sample Questions. Set I (red) Set II (blue), and Set III (black). 1. Which of the following would likely have the least direct influence on a countrys current account? a. b. c. d. e. Inflation. National income. Exchange rates. Tariffs. Tax on income earned on foreign stocks. 2. ______________ is (are) income received by investors on investments in foreign financial assets (securities). a. b. c. d. e....

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Sample Additional Questions. Set I (red) Set II (blue), and Set III (black). 1. Which of the following would likely have the least direct influence on a countrys current account? a. b. c. d. e. Inflation. National income. Exchange rates. Tariffs. Tax on income earned on foreign stocks. 2. ______________ is (are) income received by investors on investments in foreign financial assets (securities). a. b. c. d. e. Portfolio income Foreign direct investment income Unilateral transfers Factor income All of the above 3. Also known as the Central Banks Central Bank, the ___________ attempts to facilitate cooperation among countries with regard to international transactions and provides assistance to countries experiencing a financial crisis. a. b. c. d. e. World Bank International Financial Corporation (IFC) World Trade Organization International Development Association (IDA) Bank for International Settlements (BIS) 4. ___________ is not a factor that causes currency supply and demand schedules to change. a. b. c. d. e. Relative inflation rates Change in exchange rates. Relative interest rates Relative income levels Expectations 5. A large increase in the income level in Mexico along with no growth in the U.S. income level, ceteris paribus, is expected to cause a/an _________ in Mexican demand for U.S. goods, and the Mexican peso should ____________ a. b. c. d. Increase; appreciate Increase; depreciate Decrease; depreciate Decrease; appreciate 1 6. An increase in U.S. interest (real) rates relative to German interest rates would likely ___________ the U.S. demand for euros and ____________ the supply of euros for sale. a. b. c. d. Reduce; increase Increase; reduce Reduce; reduce Increase; increase 7. If U.S. inflation suddenly increased while European inflation stayed the same, there would be: a. b. c. d. An increased U.S. demand for euros and an increased supply of euros for sale. A decreased U.S. demand for euros and an increased supply of euros for sale. A decreased U.S. demand for euros and a decreased supply of euros for sale. An increased U.S. demand for euros and a decreased supply of euros for sale . 8. Assume that British corporations begin to purchase more supplies from the U.S. as a result of several labor strikes by British suppliers. This action reflects: a. b. c. d. An increased demand for British pounds. A decrease in the demand for British pounds An increase in the supply of British pounds for sale. A decrease in the supply of British pounds for sale. 9. Assume that the U.S. places a strict quota on goods imported from China and that China does not retaliate. Holding other factors constant, this event should immediately cause the U.S. demand for Chinese Yuan to _____and the value of the Yuan to_____ a. b. c. d. Increase; appreciate Increase; depreciate Decrease; depreciate Decrease; appreciate 10. Any event that increases the U.S. demand for euros should result in a (an) _________ in the value of the euro with respect to ___________, other things being equal. a. b. c. d. Increase; U.S. dollar Increase; non-dollar currencies Decrease; non-dollar currencies Decrease; U.S. dollar 11. Any event that reduces the supply of Swiss francs to be exchanged for U.S. dollars should result in a (an) ___________ in the value of the Swiss franc with respect to ________, other things being equal. a. b. c. d. Increase; U.S. dollar Increase; non-dollar currencies Decrease; non-dollar currencies Decrease; U.S. dollar 2 12. A weak dollar is normally expected to cause: a. b. c. d. High unemployment and high inflation in the U.S. High unemployment and low inflation in the U.S. Low unemployment and low inflation in the U.S. Low unemployment and high inflation in the U.S. 13. A strong dollar is normally expected to cause: a. b. c. d. High unemployment and high inflation in the U.S. High unemployment and low inflation in the U.S. Low unemployment and low inflation in the U.S. Low unemployment and high inflation in the U.S. 14. The interest rate of a country with a currency board: a. b. c. d. Is less stable than it would be without a currency board. Is typically below the interest rate of the currency to which it is tied. Will move in tandem with the interest rate of the currency to which it is tied. Is completely independent of the interest rate of the currency to which it is tied. 15. Assume a central bank exchanges (sells) its currency for other foreign currencies in the foreign exchange market, but does not adjust for the resulting change in the money supply. This is an example of: a. b. c. d. e. Pegged intervention. Indirect intervention. Non-sterilized intervention. Sterilized intervention. A and D 16. If the Fed desires to weaken the dollar without affecting the dollar money supply, it should: a. Exchange (sell) dollars for foreign currencies, and sell equivalent value of its existing Treasury Security holdings for dollars. b. Exchange (sell) foreign currencies for dollars, and sell some of its existing Treasury security holdings for dollars. c. Exchange (sell) dollars for foreign currencies, and buy existing Treasury securities with dollars. d. Exchange (sell) foreign currencies for dollars, and buy existing Treasury securities with dollars. 17. Which of the following is an example of direct intervention in foreign exchange markets? a. b. c. d. Lowering interest rates. Increasing the discount rate. Exchanging (selling) dollars for foreign currency. Imposing barriers on international trade. 3 18. A strong dollar places__________ pressure on inflation, which in turn places __________ pressure on the dollar. a. b. c. d. Upward; upward Downward; upward Upward; downward Downward; downward 19. A weak dollar places ______ pressure on U.S. inflation, which in turn places ____ pressure on U.S. interest rates, which places ______ pressure on U.S. bond prices. a. b. c. d. e. Upward; downward; upward Upward; downward; downward Upward; upward; downward Downward; upward; upward Downward; downward; upward 20. To strengthen the dollar using sterilized intervention, the Fed would ____________ dollars and simultaneously _______________ Treasury Securities. a. b. c. d. Buy; sell Sell; buy Buy; buy Sell; sell 21. The term target zone arrangement refers to a: a. Situation where countries adjust their national economic policies to maintain exchange rates within some pre-determined limits. b. System where several central banks act in a coordinated intervention to keep the price of one countrys currency within reasonable trading ranges. c. System where currencies are pegged to gold, or to hard currency. d. System where local currencies are replaced by dollars. 22. Which of the following are examples of currency control measures? a. b. c. d. e. Import restrictions. Prohibition of remittance of funds. Ceilings on granting credit to foreign firms. Dual/ multiple exchange rates All of the above 23. If it was determined that current movement of exchange rates was not related to previous exchange rate values, this implies that a ________ will not be valuable for speculating on expected exchange rate movements. a. b. c. d. e. Technical forecasting Fundamental forecasting Market-based forecasting Purchasing power parity forecasting None of the above 4 24. The twin deficits phenomena in the USA mean: a. The U.S. deficits in both trade and capital accounts b. The deficits of the federal and state governments c. The deficits of the federal government and big business d. The deficits of the federal government and the U.S. current account deficits 25. A strong dollar places ______ pressure on U.S. inflation, which in turn places _____ pressure on U.S. interest rates, which places ______ pressure on U.S. bond prices. a. b. c. d. e. Upward; downward; upward Upward; downward; downward Upward; upward; downward Downward; downward; upward Downward; downward; upward 26. __________ typically has (have) maturities of less than one year. a. Eurobonds b. Euro-commercial paper c. Euronotes d. ADRs. e. GDRs 27. The term privatization is typically used to describe: a. b. c. d. Firms that are purchased by their managers. Firms that are purchased by the government. Firms that are bought out by other firms. Government enterprises that are purchased by corporations and other investors. 28. In general, products and services are generally becoming ________ standardized across countries, which tends to _________ the globalization of business. a. b. c. d. More; encourage More; discourage Less; discourage Less; encourage 29. ________ are most commonly classified as a Foreign Direct Investment (FDI). a. b. c. d. e. Foreign acquisitions Purchases of international stocks Licensing agreements Exporting or importing transactions Strategic alliances 30. Which of the following is not an additional risk resulting from international business? a. b. c. d. Exchange rate fluctuations. Political risk Interest rate risk. Exposure to foreign economies. 5 31. An increase in the current account deficit will place ________ pressure on the home currency value, other things equal. a. b. c. d. Upward Downward Neutral Upward or downward based on the size of the deficit 32. If the home currency begins to appreciate against other currencies, this should ___________ the current account balance, other things equal. a. b. c. d. Increase Have no impact on Reduce All of the above are equally possible 33. The World Bank was established to: a. b. c. d. Enhance development solely in Asia through grants. Enhance economic development through provision of market interest loans. Enhance economic development through low-interest(subsidized) rate loans Enhance economic development of the private sector through investment in stock of corporations. 34. The components of the current account are: a. b. c. d. Balance on merchandise trade and balance on transfers. Balance on merchandise trade and on money market flows. Balance of capital market flows and money market flows Balance on goods, services, factors and transfer payments. 35. The demand for U.S. exports tends to increase when: a. b. c. d. Economic growth in foreign countries decreases. The currencies of foreign countries strengthen against the dollar. U.S. inflation rises. U.S. income rises. 36. Assume the British pound is worth $1.60, and the Canadian dollar is worth $.80. Compute the value of the Canadian dollar in terms of the pound (the pound price of one Canadian dollar or /C$)? a. 2.00. b. 2.40. c. 0.80. d. 0.50. e. None of the above. 6 36. The international money market primarily concentrates on: a. b. c. d. e. Short-term lending (one year or less). Medium-term lending (2 to 5 years). Long-term lending. Placing bonds with investors. Placing newly issued stock in foreign markets. 37. The international credit market primarily concentrates on: a. b. c. d. e. Short-term lending (one year or less). Medium-term lending (2 to 5 years) Long-term lending. Providing an exchange of foreign currencies for firms who need them. Placing newly issued stock in foreign markets. 38. The LIBOR is the: a. b. c. d. e. Interest rate commonly charged for loans between international banks. Average inflation rate in European countries. Maximum loan rate ceiling on loans in the international money market. Maximum deposit rate ceiling on deposits in the international money market. Maximum interest rate offered on bonds that are issued in London. 39. A syndicated Euro credit loan: a. Represents a loan by a single bank to a syndicate of corporations. b. Represents a loan by a single bank to a syndicate of country governments. c. Represents a direct loan by a syndicate of oil-producing exporters to a developing country. d. Represents a loan by a group of banks to borrower. 40. The foreign exchange market is the worlds largest financial market. The size of daily global transaction is about___________ in 2010. a. b. c. d. e. $200 billion. $400 billion $1.5 trillion $4 trillion. $9.25 trillion 41. The real interest rate adjusts the nominal interest rate for: a. b. c. d. e. Exchange rate movements. Income growth. Inflation. Government controls. None of the above 7 42. If inflation increases substantially in Australia while U.S. inflation remains unchanged, this is expected to place ___________ pressure on the value of the Australian dollar with respect to the U.S. dollar. a. b. c. d. Upward Downward Either upward or downward depending on the timing of the increase. None of the above (there will be no impact) 43. Any event that reduces the U.S. demand for Japanese yen should result in a (an) __________ in the value of the Japanese yen with respect to _______, other things being equal. a. b. c. d. Increase; U.S dollar Increase; non-dollar currencies Decrease; non-dollar currencies Decrease; U.S. dollar 44. Any event that increase the supply of British pounds to be exchanged for U.S. dollars should result in a (an) __________ in the value of the British pound with respect to ________, other things begin equal. a. b. c. d. Increase; U.S. dollar Increase; non-dollar currencies Decrease; non-dollar currencies Decrease; U.S. dollar 45. News of a potential surge in U.S. inflation and zero Chilean inflation places ______ pressure on the value of the Chilean peso. The pressure will occur _______. a. b. c. d. Upward; only after the U.S. inflation surges Downward; only after the U.S. inflation surges Upward; immediately Downward; immediately 46. Assume that Canada places a strict quota on goods imported from the U.S. and that the U.S. does not retaliate. Holding other factors constant, this event should immediately cause the supply of Canadian dollars to be exchanged for U.S. dollars to __________ and the value of the Canadian dollar to ___________. a. b. c. d. Increase; increase Increase; decrease Decrease; decrease Decrease; increase 47. Which of the following is not (now) a factor affecting exchange rates? a. b. c. d. e. Relative interest rates. Relative inflation rates. Government controls. Expectations. A countrys stock of gold. 8 48. If a country experiences high inflation relative to the U.S., its exports to the U.S. should __________, its imports should ___________, and there is ____________ pressure on its currency value. a. Decrease; increase; upward b. Decrease; decrease; upward c. Increase; decrease; downward d. Decrease; increase; downward e. Increase; decrease; upward 49. The development and expansion of the Eurocurrency market were fostered by the following except: a. Inward-looking regulations in national financial markets b. US-Soviet cold war era strategies c. Monetary cooperation between European countries d. OPECs petrodollar recycling activities e. Persistent US BOP deficits resulting in more foreign holding of US dollars 50. The concept of narrow spread in the Eurocurrency market means. a. Dealers in the market buy at the bid rate and sell at the ask rate. b. Lower transaction costs permit higher yields to depositors and lower costs to borrowers. c. Eurocurrencies are thinly traded. d. Very few currencies are traded so that Eurocurrencies are a select few. e. Required reserves and FDIC premiums are comparatively low in the market 51. The following products are designed for short term investment or financing needs of clients in the Eurocurrency market except. a. Euro-commercial paper b. Euronotes c. Eurocredits e. Eurobonds d. Euro CDs f. Both c and d 53. Which of the following is (are) true concerning the Eurocurrency market. a. It is a central mechanism to channel flow of international funds among banks and corporations. b. Exhibits low costs per transaction because of relatively large size of transactions c. It is a market for trading in European currencies d. It is regulated by the European Central Bank e. Membership is limited to Banks from EU member states f. Both a and b 9 54. If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 pounds in 90 days, it could: a. b. c. d. Purchase pounds forward for 90-days. Sell pounds forward for 90-days. Purchase pounds 90 days from now at the spot rate. Sell pounds 90 days from now at the spot rate. 55. Call and put options premiums are affected by the level of existing spot price relative to the strike price. A ____ spot price relative to the strike price results in relatively ____ premium for a call option but a relatively ____ premium for a put option. a. b. c. d. High; High; Low High; Low; High Low; High; High Low; Low; Low Note: If a call option has a strike price close to the current spot rate, it will have a higher premium than a call option whose strike price is far away from (or well above or below) the current spot rate. 56. A U.S. corporation has purchased currency put options to hedge a 100,000 Canadian dollar (C$) receivable. The premium is $.01 and the exercise price of the option is $.75. If the spot rate at the time of maturity is $.85, what is the net amount received by the corporation if it acts rationally? a. b. c. d. $74,000. $84,000. $75,000. $85,000. 57. A U.S. corporation has purchased currency call options to hedge a 70,000 pound payable. The premium is $.02 and the exercise price of the option is $.50. If the spot rate at the time of maturity is $.65, what is the total amount paid by the corporation if it acts rationally? a. b. c. d. $33,600 $46,900 $44,100 $36,400 58. If you have acquired the right but not the obligation to sell, you are a: a. b. c. d. e. Call writer. Put buyer. Futures buyer. Put writer. Call owner 10 59. Your company expects to receive 5,000,000 Japanese yen 60 days from now. You decide to hedge your position by selling Japanese yen forward. The current spot rate of the yen is $.0089, while the forward rate is $.0095. You expect the spot rate in 60 days to be $.0090. How many dollars will you receive for the 5,000,000 yen 60 days from now? a. b. c. d. e. $44,500. $45,000 $526,315,790. $47,500 $555,555,556 60. A speculator sells a put option on Canadian dollars for a premium of $.03 per unit. with an exercise price of $.98. The size of the option contact is C$50,000 and will not be exercised until expiration if at all. If the spot rate for Canadian dollar is $90 on at expiration, the net profit for the speculator is: Solution: 50,000[.03 +.90 - .98] = 50,000[-.05] = -$2500 a. b. c. d. $2500 -$2500 $49,989 -$49,989 61. The purchase of a currency put option would be appropriate for a U.S company under which of the following? a. b. c. d. e. Company expects to buy foreign bond in six months Company expects to buy foreign current to finance foreign subsidiaries Company expects to redeem a Euro bond in six months Company expects to collect a foreign currency accounts receivable in six months None of the above 62. If you have a derivative position where you might be obligated to buy Euros, you are a. b. c. d. Call writer Put writer Put buyer Futures seller 63. Assume the following information: i. You have $900,000 to invest ii. Current spot rate of Australian dollar (A$) is $0.62 iii. 180-day forward rate of the Australian dollar is $0.64 iv. 180-day interest rate in the U.S. is 3.5% v. 180-day interest rate in Australia is 3.0% What is the dollar profit obtainable after 180 days from covered interest arbitrage? a. $56,903 b. $61,548 c. $27,000 d. $31,500 11 64. Assume the following information: You have $900,000 to invest Current spot rate of Australian dollar (A$) is $0.62 180-day forward rate of the Australian dollar is $0.64 180-day interest rate in the U.S. is 3.5% 180-day interest rate in Australia is 3.0% What is the percentage arbitrage profit obtainable after 180 days from covered interest arbitrage? a. b. c. d. 3.5% 6.32% 2.82% 2.72% 65. The cross exchange rate quoted by Bank X for the Brazilian real (BRR) is 98 Japanese yen ( /R= 98). Bank Y also quotes a price for the yen of $0.009, while Bank Z quotes a price for the real of $0.88. You have $150,000 to conduct triangular arbitrage. What is will be your return from conducting triangular arbitrage? a. b. c. d. e. 0.23% 7.26% 11.10% 7.42% None of the above 66. Which of the following factors in not affected when market forces resulting from covered interest arbitrage cause market realignment? a. b. c. d. e. The current spot rate The future spot rate The forward rate Home interest rates Foreign interest rates 67. Which of the following is not true? a. Transaction exposure is the degree to which the dollar value of contractual transactions can be affected by exchange rate fluctuations. b. Economic exposure is the degree to which a firms present value of future cash flows can be influenced by exchange rate fluctuations. c. Translation exposure is the exposure of an MNCs consolidated financial statements to exchange rate fluctuations. d. Economic exposure includes transaction exposure. e. All of the above are true. 12 68. Which of the following is not true regarding economic exposure? a. A strong foreign currency may allow U.S.-based firms to increase their U.S. market shares at the expense of foreign exporters, who may be priced out of the U.S. market. b. A U.S. exporter whose foreign competitors are willing to reduce their profit margin during a weak-dollar period may not necessarily benefit from the exchange rate movements. c. U.S.-based MNCs can benefit from a strong dollar by increasing the volume of their exports. d. The effects of exchange rate movements on MNCs can vary with the currency of concern, since exchange rates can change by varying degrees. e. All of the above are true. 69. Under a ___________, the exporter is paid once shipment has been made and the draft is presented to the buyer for payment; under a ___________, the exporter provides instructions to the buyers bank to release shipping documents against acceptance, by the buyer, of the draft. a. b. c. d. Sight draft; time draft Sight draft; bankers acceptance Bill of lading; bankers acceptance Time draft; sight draft 70. If trade transactions handled on a draft basis are processed through banking channels, they may be a. Documentary collections. b. Documents against payment. c. Documents against acceptance. d. Trade acceptances. e. All of the above. 71. Which of the following is not a payment method used for international trade? a. Consignment b. Open account c. Factoring d. Draft e. Letter of credit 72. Which of the following is not a trade financing method used in international trade from an exporters perspective? a. b. c. d. e. Accounts receivable financing Letter of credit Barter Open account Factoring 13 73. Which of the following is not a typical documentation required under a letter of credit? a. Sight draft b. Time draft c. Bankers acceptance d. Commercial invoice e. Bill of lading 74. A (n) ________ allows the first beneficiary to transfer all or part of the original letter of credit (LC) to a third party; a (n) ________ allows the original beneficiary of the LC to pledge the amount in the LC to the end supplier. a. Revocable LC; irrevocable LC b. Regular LC; standby LC c. Assignment of proceeds; transferable LC d. Transferable LC; assignment of proceeds 75. Which of the following is not an agency actively promoting international trade? a. Export-Import Bank of the U.S. b. Private Export Funding Corporation (PEFCO) c. Securities and Exchange Commission (SEC) d. Overseas Private Investment Corporation (OPIC) 76. Assume that IRP holds. The U.S. five-year interest rate is 5% per year while the Mexican five-year rate is 8% per year. If todays spot rate of the peso is $0.2, what is the approximate five-year forecast of the pesos spot rate using the five year forward rate? a. $0.131 b. $0.226 c. $0.262 d. $0.140 e. $0.174 77. If the forward rate is expected to be an unbiased estimate of the future spot rate and interest rate parity holds, then: a. Covered interest arbitrage is feasible b. International Fisher Equation holds c. Purchasing power parity holds d. Absolute forecast error would be zero e. Triangular arbitrage is not feasible 78. Assume that Big Mac costs $3.06 in the US and 2505 Won in Korea. According to absolute PPP, if the actual exchange rate is 1006 Won/$, then which of the following is true? a. The dollar is undervalued b. The won is overvalued c. Absolute PPP does not hold d. It costs more in dollar to buy Big Mac in Korea 14 e. None of the above. 79. Given that Big Mac costs $3.50 in the US and SF 7.10 in Switzerland. According to absolute PPP, if the actual exchange rate SF/$ is 1.25, then which of the following is true? a. The dollar is overvalued b. The Swiss franc is undervalued c. Absolute PPP holds d. It costs more in dollar to buy Big Mac in Switzerland e. None of the above. _____________________________________________________________________ 80. The __________ a projects variability in cash flows, and the ___________ the correlation between the projects cash flow and MNCs cash flow, the lower the risk of the project. a. b. c. d. Higher; higher Higher; lower Lower; lower Lower; higher 81. Consider Firm A and Firm B that both produce the same product. Firm A would more likely have more stable cash flows if its percentage of foreign sales were ______ and the number of foreign countries it sold products to was _______ a. b. c. d. Higher; large Higher; small Lower; small Lower; large 82. When economic conditions of two countries are _______, then a firm would _______ its risk by operating in both counties instead of concentrating just in one. a. b. c. d. Highly correlated; reduce Not highly correlated; not reduce Not highly correlated; reduce None of the above 83. In capital budgeting analysis, the use of a cumulative NPV is useful for: a. b. c. d. e. Determining a probability distribution of NPVs. Determining the time required to achieve a positive NPV. Determining how the required rate of return changes over time. Determining how the cost of capital changes over time A and B 84. Other things being equal, firms from a particular home country will engage in more international acquisitions if they expect foreign currencies to ________ against their home currency, and if their cost of capital is relatively ________ a. Appreciate; low b. Appreciate; high 15 c. Depreciate; high d. Depreciate; low 85. The impact of blocked funds on the net present value of a foreign project will be greater if interest rates are ___________ in the host country and there are ___________ investment opportunities in the host country. a. Very high; limited b. Very low; limited c. Very low; numerous d. Very high; numerous 86. An international projects APV is ________ related to the size of the initial investment and ____________ related to the projects required rate of return. a. Positively; positively b. Positively; negatively c. Negatively; positively d. Negatively; negatively 87. An international projects APV is ___________ related to consumer demand and __________ related to the projects salvage value. a. Positively; positively b. Positively; negatively c. Negatively; positively d. Negatively; negatively 88. As the financing of a foreign project by the parent _______ relative to the financing provided by the subsidiary, the parents exchange rate exposure _______ a. b. c. d. Increases; decreases Decreases; increases Increases; increases None of the above 89. A macro-assessment of country risk: a. Adjusts for the particular business of the firm involved. b. Excludes all aspects relevant to a particular firm or project. c. Is an overall risk assessment on a global scale d. None of the above 90. A micro-assessment of country risk: a. Adjusts for the particular business of the firm involved. b. Excludes all aspects relevant to a particular firm or project. c. Is an overall risk assessment on a regional scale. d. None of the above 91. The most important variable in determining a countrys degree of overall country risk is: a. Political risk. b. Financial risk. c. The probability of a host government takeover. 16 d. May often vary with the country of concern. 92. When determining whether a particular proposed project in a foreign country is feasible: a. A country risk rating can adequately substitute for a capital budgeting analysis. b. Country risk analysis should be incorporated within the capital budgeting analysis. c. The effect of country risk on sales revenue is more important than the effect on cash flows. d. The project with the highest country risk rating (lowest country risk) should be accepted. e. B and D 93. The primary purpose of country risk analysis when applied to capital budgeting is usually to: a. Measure the effect of country risk on sales. b. Measure the effect of country risk on cash flows. c. Measure the effect of country risk on the consolidated balance sheet. d. Measure the effect of country risk on the consolidated income statement. 94. Country risk analysis is important because it: a. Can be used by MNCs as a screening device to avoid countries with excessive risk. b. Can be used by MNCs to monitor countries where the MNC is presently engaged in international business. c. Can be used to improve the analysis used to make long-term investing or financing decisions. d. All of the above. 95. Which of the following U.S. industries would most likely take advantage of lower costs in some developing foreign countries? a. Assembly line production. b. Specialized professional services. c. Nuclear missile planning. d. Planning for more sophisticated computer technology. 96. MNCs can use short-term foreign financing to reduce their exposure to exchange rate fluctuations. For example, if an American-based MNC has _________ in Algerian dinars, it could borrow ____________, resulting in an offsetting effect. a. Payables; dinars b. Receivables; dinars c. Payables; dollars d. Receivables; dollars. 17 97. A parents perspective is appropriate in attempting to determine whether a project will enhance _____________. a. Subsidiary earnings b. Subsidiary value c. MNC earnings d. MNC value e. None of the above 98. Which of the following is not an input required for a multinational capital budgeting analysis, given that it is conducted from the parents viewpoint? a. Fund-transfer restrictions b. Project lifetime c. Tax laws d. Subsidiarys management philosophy e. Exchange rates 99. ____________ is not a form of political risk. a. Exchange rate movements b. Attitude of consumers in the host country c. Attitude of host government d. Blockage of fund transfers e. All of the above are forms of political risk 100. Which of the following is not a form of financial risk? a. Exchange rate movements b. Inflation rates c. Blockage of fund transfers d. All of the above are forms of financial risk. 18

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SALES CONTRACTS/C NO.:RWSC09092201DATE:HOANG VIET COMPANYLTDBUYER:VENDOR:475 TRAN XUAN SOANSTEET, TAN KIEN WARD,DISTRCT 7, HCMC CITY,VIET NAM.HONGKONG W4GSINTERNATIONAL LIMITEDFLAT/RM B 8/F CHONG MINGBUILDING 72 CHEUNG SHA WAN RD KLADDRES
COMSATS Institute Of Information Technology - ECON - 102
CONTRACT FOR SALE & PURCHASE OF USED RAILSContract No. 47854234-133Date: August,0 2 , 2011COMPANY: ANNUCAMINDUSTRIESLTDADDRESS: HEADOFFICE: P.O BOX 89, TIKO, SOUTH WEST PROVINCEHEADOFFICE REPUBLIC OF CAMEROONRepresented by:MrJamesAssamVillaHEREINAF
COMSATS Institute Of Information Technology - ECON - 102
FORM 3Estate Agents Act 1980Regulation 5(b)CONTRACT OF SALE OF BUSINESSStandard form of contract prescribed by the Estate Agents (Contracts) Regulations 2008WARNINGTHIS IS A BINDING CONTRACTYOU SHOULD OBTAIN THE ADVICE OF A SOLICITOR BEFORE YOU SIG
Utah State - CHIN - 1010
Oral Test (5 points) Lessons 1-10 I. Read pinyin (1 point) II. Read characters (1 point) III. Translate from English to Chinese (1 point) IV. Translate from Chinese to English (1 point) V. Carry on a conversation (instructor asks you 2 questions, and you
Utah State - CHIN - 1010
CHIN 1010 English Name:_ Chinese Name: _ Quiz 5 (take home) (1 point) Each correct answer is worth 0.05 point. A. Write down pinyin with correct tones or correct characters for pinyin: 1. Pinyin:_ ji u_ osh Characters:_ 2. Pinyin:_ Characters:_ ()_ 3. Pin
Utah State - CHIN - 1010
CHIN1010 Oral Test Guidelines (5 points) Lessons 1-10Fall 20121. Read pinyin (1 point) 2. Read characters (1 point) 3. Translate from English to Chinese (1 point) 4. Translate from Chinese to English (1 point) 5. Carry on a conversation ( 2 2 ) (1 point
Utah State - CHIN - 1010
Test 1 Format:A. Listen to the words said by the instructor and write down the characters and their pinyin with correct tones. Each correct answer is worth 0.05 point. B. Use the following vocabulary words to make sentences. Each sentence is worth 0.1 po
Utah State - CHIN - 1010
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Utah State - CHIN - 1010
Test 3 formatA. Listen to the words said by the instructor and write down the characters and their pinyin with correct tones. Each correct answer is worth 0.1 point. (1 point) B. Listen to the instructor's questions and write your answers in the lines be
LSU - ISDS - 3115
Lauren GearChase FresinaMichael GoodrichChristopher GenslerCarolina GomezLittlefield Technology Game Strategy- Group 10PROJECT MANAGEMENT: Multiple project management concepts can be applied toplanning the project, scheduling the project, and contr
LSU - ISDS - 3115
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LSU - ISDS - 3115
Lauren GearChase FresinaMichael GoodrichChristopher GenslerCarolina GomezLittlefield Technology Game Strategy- Group 10PROJECT MANAGEMENT:Multiple project management concepts can be applied to planning the project, schedulingthe project, and contr
LSU - ISDS - 3115
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University of Michigan - IOE - 425
IOE425ClassOneHistoryandIntroduction Introductions SyllabusandCourseOverview CharacteristicsofTraditional/MassandLeanProduction LeanHistoryandPhilosophyFacultyInstructor:DebraLevantrosserEMail:levantro@umich.eduOffice: IOEBuildingRoom1783Off
University of Michigan - EECS - 370
1. Introduction and OverviewEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USATeaching Staff and ResourcesYour professors: Prof. Todd Austi
University of Michigan - EECS - 370
7. Basic processor design Combinational & Sequential logicEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsHomework 2Project
University of Michigan - EECS - 370
6. Instruction Set Architecture Translation software: assembler, linker, loader, etc.EECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnou
University of Michigan - EECS - 370
5. Instruction Set Architecture from C to assembly FunctionsEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsHomework 1 due n
University of Michigan - EECS - 370
8. Basic processor design Sequential Logic & Computer ArithmeticEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAMusical ProfessorsScott M
University of Michigan - EECS - 370
10. Basic processor design Single Cycle DatapathsEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke, and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsCtoolsHomework 3Homework
University of Michigan - EECS - 370
Midterm 1 - ReviewEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke, and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsHomework 3Due todaySolutions will be posted tonightProj
University of Michigan - EECS - 370
Midterm 1 Review Problem Answers(In Blue)EECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke, and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAssembly W03 examWhat does this sequence of LC2
University of Michigan - EECS - 370
11. Basic processor design Multicycle DatapathsEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke, and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsHomework 3 Due Next Tues Do
University of Michigan - EECS - 370
4. Instruction Set Architecture from C to assembly Basic blocksEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsHomework 1Du
University of Michigan - EECS - 370
3. Instruction Set Architecture The LC2k and ARM architecturesEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USARecap (Assembly/Machine Code
University of Michigan - EECS - 370
2. Instruction Set Architecture Storage types and addressing modesEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAImportant ItemsHomework
Akademia Ekonomiczna w Krakowie - EECS - 370
9. Basic processor design Floating Point & Finite State MachinesEECS 370 Introduction to Computer Organization Winter 2013Profs. Todd Austin, Scott Mahlke and Reetu DasEECS DepartmentUniversity of Michigan in Ann Arbor, USAAnnouncementsGraded Homew
Tougaloo - BIO - 123
CAPSULESTAINANSLEYSCOTTMOUSETTASPANNALYCEWILLIAMSGeneralInfoofCapsuleandCapsuleStainMethodofobservingthemicrobialcapsuleanunstructuredprotectivelayersurroundingthecellsofsomebacteriaandfungi. Doesnotreactwithmoststains Oftennegativelystainedwith
LSU - MKT - 3401
MarketingTestOneNotes18:51I.PersonalBranding:JohnCamp(WordsofWisdom)Whatcompanieslookfor:1.MarketYourselfpersonalselling.Impressthemenoughtolistentoyouandbuyyourproduct.2.SellYourselfinanysetting,knowhowpeopleperceiveyou.3.KnowPeopleYouhavetoknowpe
LSU - MKT - 3401
Marketing18:42Marketingtheabilitytoreachasetofconsumersandsellthemonaparticularidea.RequiredBook:SubscribetotheWallStreetJournal($29.95)FreeBook:TextbookRecommended*Simplicityiscomplex.ReviewJohnCampTestQuestionsKeystoSuccessa.1. MarketYourself
LSU - MKT - 3401
Starbucks Corp. bought Evolution Fresh, Inc., increasing their target market andexpanding their consumer products.Selling Evolution Fresh in Starbucks storesSelling Evolution Fresh in more retailersOpening health conscious juice storesStarbucks will
ITESM - BIBLIOTECA - 101
Manual de los Tres PasosDescripcinToda actividad acadmica requiere de la utilizacin de un buen nmero de fuentes de informacin en formatoimpreso y/o electrnico. Por lo tanto, es primordial para los estudiantes de posgrado alcanzar un excelentedesempeo
ITESM - BIBLIOTECA - 101
ITESM - BIBLIOTECA - 101
1. Nombre y descripcin de la empresa en donde se realizar el estudio.SofttekFundada en 1982, Softtek es un proveedor global de servicios orientados a procesos de TIcon 30 oficinas en Norteamrica, Latinoamrica, Europa y Asia. Con nueve Centros deDesarr
ITESM - BIBLIOTECA - 101
1.- Una cadena de tiendas de conveniencia trata de ofrecer capacidad derespuesta y proporcionar a los clientes lo que necesitan, cuando lo necesitan,donde lo necesitan. De qu otras maneras pueden ser tener capacidad derespuesta las tiendas de este tipo
ITESM - BIBLIOTECA - 101
Algo muy importante que yo detecte con este juego, es la importancia que tiene elestar siempre comunicados con todos los eslabones de la cadena, para siemprecumplir con la demanda y ms que nada con todas las necesidades del cliente,cumplir con el produ
ITESM - BIBLIOTECA - 101
Captulo 1: Driving Success: How You Innovate Determines What YouInnovateDescripcin: Posterior a la lectura de la semana identifica los conceptos e ideascentrales y explcalos con tus propias palabras; expresa si son conceptos nuevos,si consideras que t
ITESM - BIBLIOTECA - 101
Nombre: Omar Alejandro Padilla AcevesMatrcula: A01316432Materia: Liderazgo para la Innovacin EmpresarialProfesor: Dr. Hctor Gutirrez DurnCaptulo 1: Driving success: How you innovate determines what youinnovatePara m la innovacin es la creacin de alg
ITESM - BIBLIOTECA - 101
Nombre: Omar Alejandro Padilla AcevesMatrcula: A01316432Materia: Liderazgo para la Innovacin EmpresarialProfesor: Dr. Hctor Gutirrez DurnReferencia Bibliogrfica: Tony Davila, Marc J. Epstein, & Robert D. Shelton (2013). Making Innovation Work. Upper S
ITESM - BIBLIOTECA - 101
Nombre: Omar Alejandro Padilla AcevesMatrcula: A01316432Materia: Liderazgo para la Innovacin EmpresarialProfesor: Dr. Hctor Gutirrez DurnCaptulo 4: Organizing for Innovation: How to Structure a Company forInnovation.Para m una vez que se he entendid
ITESM - BIBLIOTECA - 101
InstitutoTecnolgicoydeEstudiosSuperioresdeMonterreyUV.GI4001L.1311.1:LiderazgoparalainnovacionempresarialProfesor:Dr.HctorGutirrezDurn.Profesortutor:SusanaEdithMartnezVzquez.OMARALEJANDROPADILLAACEVESA01316432CAPTULO917deFEBRERO2013Interaccin en
ITESM - BIBLIOTECA - 101
InstitutoTecnolgicoydeEstudiosSuperioresdeMonterreyUV.GI4001L.1311.1:LiderazgoparalainnovacionempresarialProfesor:Dr.HctorGutirrezDurn.Profesortutor:SusanaEdithMartnezVzquez.OMARALEJANDROPADILLAACEVESCAPTULO10A0131643224deFEBRERO2013Captulo 10: C
ITESM - BIBLIOTECA - 101
InstitutoTecnolgicoydeEstudiosSuperioresdeMonterreyUV.GI4001L.1311.1:LiderazgoparalainnovacionempresarialProfesor:Dr.HctorGutirrezDurn.Profesortutor:SusanaEdithMartnezVzquez.OMARALEJANDROPADILLAACEVESCAPTULO10A0131643210deMarzode2013How to Write
ITESM - BIBLIOTECA - 101
InstitutoTecnolgicoydeEstudiosSuperioresdeMonterreyUV.GI4001L.1311.1:LiderazgoparalainnovacionempresarialProfesor:Dr.HctorGutirrezDurn.Profesortutor:SusanaEdithMartnezVzquez.OMARALEJANDROPADILLAACEVESA01316432CAPTULO2y918deMarzode2013Elementos a
ITESM - BIBLIOTECA - 101
InstitutoTecnolgicoydeEstudiosSuperioresdeMonterreyUV.GI4001L.1311.1:LiderazgoparalainnovacionempresarialProfesor:Dr.HctorGutirrezDurn.Profesortutor:SusanaEdithMartnezVzquez.OMARALEJANDROPADILLAACEVESA01316432ECOEFICIENCIA23deMarzode2013ECO-EFICI
Austin CC - ECONOMY - 101
410-029-1Sony Corporation Future Tense?This case was written by Indu P, under the direction of Vivek Gupta, ICMR Center forManagement Research. It was compiled from published sources, and is intended to be usedas a basis for class discussion rather th
Austin CC - ECONOMY - 101
910-003-1Open Source Innovation at Mozilla CorporationThis case was written by V. Namratha Prasad, under the direction of Vivek Gupta, ICMR Centerfor Management Research (ICMR). It was compiled from published sources, and is intended tobe used as a ba
Austin CC - ECONOMY - 101
Cada trabajo entregado deber tener en la portada la siguiente leyenda: Por medio de la presentehago constar que el reporte que estoy enviando es de mi (nuestra) completa autora y que no estoyhaciendo plagio de ideas o escritos del trabajo de otras perso
Austin CC - ECONOMY - 101
Como Paco, cuando la idea se presenta como una imagen clara en tu mente, lo primero que hay que preguntarte es:Qu quiero encontrar?Cul es la idea central de mi bsqueda?A qu rama del conocimiento pertenece?Responder estas preguntas dar luz a nuestra id
Austin CC - ECONOMY - 101
Instituto Tecnolgico y de Estudios Superiores de MonterreyUniversidad VirtualCaso 1: Sony Corporation- Future Tense?Equipo 19Laura Gema Zavala SandovalMnica Itzel Orpineda InzunzaOmar Alejandro Padilla AcevesLuis Gabriel Morales De la CruzJos Alfo
Austin CC - ECONOMY - 101
Impacto de la innovacin y la responsabilidad social.Impacto de la Innovacin.Nuestro proyecto est principalmente enfocado al cuidado de la salud de los consumidoresde una manera integral, nosotros en este proyecto buscamos brindarle de un servicio deca
LSU - FIN - 3716
06:44Theprospecttheoryrestsonthefoundationthatinvestorsaremuchmoredistressed aboutprospectivelossesthantheyarehappyaboutprospectivegains.Limitsofarbitrage:thenotionthatundercertaincircumstances,rational,wellcapitalizedtraderswillnotbetocorrectamispric
LSU - ACCT - 3001
Lauren GearChristopher FountainRyan StellyJohnson & Johnson Financial Statement ProjectCompany Questions: Type answers to the following questions regarding your company. You willneed to use the financial statements and notes to the financial statemen
LSU - ACCT - 3001
Johnson & Johnson 2011/2012 Ratio AssessmentLiquidity Ratios:These Ratios measure a companys ability to meet financial obligations as they becomecurrent. The higher the current ratio, the more capable a company is of paying off itsdebt. If this ratio