TCQT

1 With is the following opinion is TRUE?

• a.the capital account reflects changes in country ownership of long-term (but not short-term) assets.

• b.Outsoureing allwos some MNCs to reduce costs but shifts jobs to other countries

• c.a weakening  of the US dollar with respect to the British pound would likely reduce U.S exports to the U.K and inerease U.S import  from the U.K

• d.the world bank extends loans only to developed nations while the international development association(IDA)extends loans only to developing nations.

2 The direct foreign investment positions by U.S firm have generally over time; the direct foreign investment positions in the U.S by non-U.S firms have generally over time.

 

• a.Increased; increased

• b. Increased; decreased

• c.Dccreased ;dccreased

• d.Dccreased ;increased

3 A country’s international trade flows are affected by

• a.Inflation

• b.Resident income

• c.Taxes

• d.Consumer Price Index

4 the folowing result in strong supply for export and a current account deficit

• a.High labor xosts

• b.High inflation

• c.Hingh national income

• d.Wcak local curreney

5 A country can attempt to correct its current account deficits by

• a.reducing the value of their currencies

• b.reducing the value of foreign currencies

• c.fixed the value of their currencies with other currencies

• d.floating the value of their currencies with ptheir currencies

6 On an accounting report of cash flows an “increase(decrease) in cash and cash equivalents” shows

• a.A cash flow from operating activities

• b.A cash flow from investing activities

• c.A cash flow from financing activities

• d.All of them are incorrect

7 Less  tax rate in a state get intention of

• a.Imports

• b.Exports

• c.Direet forcign invesment

• d.Privatizition

8 Gifts and reliefs are

• a.Merchandise payments

• b.Service payments

• c.Faector income

• d.Transfer payments

9 General Agreement on Tariffs and trade express

• a.Is an accord reached between 100 countries in 1980

• b.Reduced some tariffs by 80 percent on average

• c.Removed some tariffs over a five to ten-year period

• d.Made more progress on reducing tariffs in service industries than in manufacturing industries

10 Interest and dividend proceeds received by investors on foreign investment is

 

• a.Transfer payment

• b.Factor income

• c.Merchandise payment

• d.Service payment