1. The demand for U.S. exports tends to increase when:
A)economic growth in exotic countries decreases.
B) the currencies of inappropriate countries strengthen against the dollar.
C) U.S. inflation rises.
D) no(prenominal) of the above
2. Which of the pursuance theories identifies specialization as a reason for international line?
A)theory of comparative advantage.
B)imperfect markets theory.
C)product cycle theory.
D)none of the above
3. As a result of the European Union, restrictions on exports mingled with _______ were reduced or eliminated.
A)member countries and the U.S.
B) member countries
C) member countries and European non-members
D) none of the above
4. Which of the following is an example of direct external coronation?
A)exporting to a country.
B)establishing licensing arrangements in a country.
C)purchasing subsisting companies in a country.
D)investing directly (without brokers) in foreign stocks.
5. Which of the following industries would most likely take advantage of tear down costs in some less developed foreign countries?
A)assembly line production.
B)specialized professional services.
C)nuclear projectile planning.
D)planning for more sophisticated computer technology.
6. Direct foreign investment into the U.S. represents a ________.
A) capital inflow
B) apportion inflow
C) capital outflow
D) trade outflow
|Suppose the United States and Great Britain are on the specie standard and the price of gold in the U.S. is heady at $100 per ounce and the |
|price of gold in Britain is fixed at £50. What exchange rate must prevail amidst the dollar and the pound?
|
|£1 = $2 |
| |
|£2 = $1...If you command to get a full essay, order it on our website: Ordercustompaper.com
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