{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Quiz 1 - summarized in alphabetic order as follows(i...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Quiz 1 1. What major dimension sets apart international finance from domestic finance? A. Foreign exchange and political risks B. Market imperfections C. Expanded opportunity set D. All of the above 2. An MNC may gain from its global presence by 3. The international monetary system can be defined as the institutional framework within which 4. The international monetary system went through several distinct stages of evolution. These stages are
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: summarized, in alphabetic order, as follows: (i)- Bimetallism (ii)- Bretton Woods system (iii)- Classical gold standard (iv)- Flexible exchange rate regime (v)- Interwar period The chronological order that they actually occurred is: A. (iii), (i), (iv), (ii), and (v) B. (i), (iii), (v), (ii), and (iv) C. (vi), (i), (iii), (ii), and (v) D. (v), (ii), (i), (iii), and (iv) 5. Gresham's Law states that A. bad money drives good money out of circulation. B. good money drives bad money out of circulation. C. if a country bases its currency on both gold and silver, at an official exchange rate, it will be the more valuable of the two metals that circulate. D. none of the above....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online