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《International Finance》试卷A
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一.单项选择题(共10小题,每题2分,共20分)
1.Which of the following is not true:
A.a credit is a flow for which the country is paid
B.a debit is a flow for which the country must pay
C.Exports are an example of credit
电风扇的英语D.Imports are an example of credit
凤凰男什么意思啊2.Which of the following is the most exact meaning of current account balance:
A.the net value of the flows of goods,rvices,income
B.the net value of the flows of goods,rvices
C.the net value of the flows of goods,rvices,income,gifts
D.the net value of the flows of goods
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3.Which of the following is not true:
A.the spot exchange rate is the price for "immediate" exchange
B.for most countries,spot exchange rate means exchange or delivery in two working days
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C.the forward exchange rate is the price now for an exchange that will take place in the future
D.forward exchange rate is the price that is agreed in the future
4.According to exchange rate system,which of the following is true:
A.fixed exchange rate system is the system without intervention by government or central banks
B.under the floating-rate system a fall in the market price of a currency is called a devaluation
C.under the floating-rate system a fall in the market price of a currency is called a appreciation
D.under the floating-rate system a fall in the market price of a currency is called a depreciation
5.About IS curve,Which of the following is not true:
A.IS curve is for which the money market is in equilibrium
B.IS curve slopes downward
C.According to IS curve,the lower interest rate would induce the nation to invest in more domestic
real capital
D.IS stands for investment-saving
6.About LM curve,Which of the following is true:
A.the LM curve is for which the product market is in equilibrium
南京公积金咨询电话B.the interction of the IS and LM curve reprents equilibrium in both foreign exchange market and product market
C.the official ttlements balance is surplus if the IS-LM interction is to the left of the FE curve
D.LM curve slopes downward
7.Which of the following is not the components to a country's official rerve asts:
A.the country's holdings of foreign exchange asts denominated in the major currencies of the