What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?
Which of the following is one of the world’s most important currencies?
Currently, national currencies are valued against:
Which of the following is an example of portfolio investment?
The state in which an MNC has its headquarters is called the:
Which of these groups welcomes the free trade that comes with globalization?
Foreign investments in and by a country are referred to as:
Almost all MNCs are based in:
A _________ is responsible for maintaining the value of a state’s currency to the extent that it can by limiting the amount of money printed and avoiding inflation.
What is the name of the U.S. central bank?
Why is it difficult to apply and enforce sanctions in the international system?
What institution coordinates international currency exchange, the balance of international payments, and national accounts?
__________ involves tangible goods such cannot be traded and moved freely like paper investments.
“Autarky” is (are):
A unilateral move to reduce the value of one’s own currency by changing a fixed or official exchange rate is known as:
Which of these is NOT a form of standing wealth?
A tax imposed on certain types of imported goods is:
Which of these nations illustrates the problems with autarky?
Apart from the WTO, most international trade is governed by more specific international agreements: bilateral trade agreements and:
Devaluation of a stat’s currency:
If regional free-trade areas such as now exist in Europe and North America gain strength, and new ones arise,
Keynesian economics advocates:
Which of the following is NOT and attribute of the Special Drawing Right?
Why are governments, even when acting together, at a disadvantage when intervening in international currency markets?
In recent years, to balance its trade deficit, the United States has:
What are cross-border transactions?
What are transborder transactions?
What is European equity?
How is protectionism manifest?
What are open-border transaction?
Which of the following are major public global government agencies for trade and finance?
What is global sourcing?
What is a Special Drawing Right?
How do government lure foreign investment?
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

Hard currency is:

A. gold or silver bullion
B. petrodollars
C. money with a fixed exchange rate
D. money that can be readily converted to leading world currencies

Correct Answer: money that can be readily converted to leading world currencies ✔

Last Updated: May 16, 2024