🤝International Relations MCQs
International Relations MCQs
483 MCQs441
What is a Special Drawing Right?
AA bond denominated in a currency alien to underwrites
BA loan provided in special Euromarkets.
CThe supraterritorial denomination issued throughout the IMF (used as its unit of account)
DSite for financial business offering tax reductions and subsidies
442
How do government lure foreign investment?
ABy devaluing their currency
BBy relaxing labour and environmental standards
CBy reducing restrictions on repatriation of profits
Da and c
443
Order the following events in global trade and finance i.Establishment of electronic of electronic stock exchange ii.Formation of WTO III.The first McDonalads
Ai, ii, iii
Bii, iii, i
Ciii, i, ii
Diii, ii, i
444
Why are governments, even when acting together, at a disadvantage when intervening in international currency markets?
AThey can’t use state funds to buy or sell currencies
BAll of their movements are tightly regulated by the IMF
CDeveloping countries oppose the manipulation of markets by developed countries
DThe control only a small fraction of the money moving on such markets
445
In recent years, to balance its trade deficit, the United States has:
A“exported” currency to other countries
Bgreatly increased tariffs on imports from Asia
Cincreased export of goods and services by offering subsidies to those industries
Dinvested heavily in the euro and the yen
446
What are cross-border transactions?
AMovement across borders of countries of goods, people, money, investments etc.
BGlobalization
CInternational trade
DNone of the above
447
What are transborder transactions?
ATransactions that occur through the web
BTransactions that occur across open borders
CTransaction that occur globally across widely dispersed locations
DAll of the above
448
What is European equity?
AA stock or share
BA bond denominated in a currency that is alien to a substantial proportion of the underwrites through whom it is distributed and sold
CA share issued simultaneously in different stock markets
DA financial contract that derives its value from an underlying asset
449
Apart from the WTO, most international trade is governed by more specific international agreements: bilateral trade agreements and:
Aglobal trade agreements
Breciprocity
Cregional trade agreements
Dinterdependence
450
Devaluation of a stat’s currency:
Aincreases the total portfolio value of foreigners who hold that currency
Bcauses a drop in demand for that currency
Cincreases confidence in a state’s ability to meet its debts
Dis rarely a quick fix for financial problems in the short term