Question 1

In which decade was FDI low?

Accepted Answer

A)  1970s 
B)  1980s 
C)  1990s 
D)  2000s 
E)  a and b 
A)  1970s 
B)  1980s 
C)  1990s 
D)  2000s 
E)  a and b

Question 2

A current account deficit could be offset by inflows of _____ and _____.

Accepted Answer

A)  FDI 
B)  porfolio capital 
C)  retained earnings 
D)  a and b 
E)  b and c 
A)  FDI 
B)  porfolio capital 
C)  retained earnings 
D)  a and b 
E)  b and c

Question 3

Remittances account for what percent of total GDP for Latin America?

Accepted Answer

A)  10% 
B)  2% 
C)  8% 
D)  4% 
E)  0% 
A)  10% 
B)  2% 
C)  8% 
D)  4% 
E)  0%

Question 4

Commercial banks lending money to foreign governments in known as what?

Accepted Answer

A)  national lending 
B)  international lending 
C)  foreign lending 
D)  sovereign lending 
E)  governmental lending 
A)  national lending 
B)  international lending 
C)  foreign lending 
D)  sovereign lending 
E)  governmental lending

Question 5

Which Latin American nation used "guano bonds" to repay loans it had taken on early into its independence?

Accepted Answer

A)  Mexico 
B)  Peru 
C)  Argentina 
D)  Ecuador 
E)  Panama 
A)  Mexico 
B)  Peru 
C)  Argentina 
D)  Ecuador 
E)  Panama

Question 6

A financial account surplus is linked to:

Accepted Answer

A)  merchandise exports. 
B)  imports of services. 
C)  remittances. 
D)  ODA. 
E)  a current account deficit. 
A)  merchandise exports. 
B)  imports of services. 
C)  remittances. 
D)  ODA. 
E)  a current account deficit.

Question 7

A gift from a donor country to be used for economic development or national security is known as:

Accepted Answer

A)  loan 
B)  debt 
C)  default 
D)  equity 
E)  grant 
A)  loan 
B)  debt 
C)  default 
D)  equity 
E)  grant

Question 8

The "Lost Decade" in Latin America was the:

Accepted Answer

A)  1870s. 
B)  1920s. 
C)  1970s. 
D)  1980s. 
E)  1990s. 
A)  1870s. 
B)  1920s. 
C)  1970s. 
D)  1980s. 
E)  1990s.

Question 9

Which of the following can be a part of financing a current account deficit?

Accepted Answer

A)  remittances 
B)  FDI 
C)  exports of services 
D)  all of the above 
E)  none of the above 
A)  remittances 
B)  FDI 
C)  exports of services 
D)  all of the above 
E)  none of the above

Question 10

Which of the following is a form of equity?

Accepted Answer

A)  IMF loans 
B)  World Bank loans 
C)  remittances 
D)  FDI 
E)  none of the above 
A)  IMF loans 
B)  World Bank loans 
C)  remittances 
D)  FDI 
E)  none of the above

Question 11

Describe the Inter-American Development Bank. What key features of the bank have contributed to its success?

Accepted Answer

The Inter-American Development Bank (IDB

Question 12

Which country recently had a currency board?

Accepted Answer

A)  Mexico 
B)  Argentina 
C)  Ecuador 
D)  Brazil 
E)  Chile 
A)  Mexico 
B)  Argentina 
C)  Ecuador 
D)  Brazil 
E)  Chile

Question 13

A current account deficit could be offset by:

Accepted Answer

A)  a fixed exchange rate. 
B)  FDI. 
C)  inflows of portfolio capital. 
D)  a and b 
E)  b and c 
A)  a fixed exchange rate. 
B)  FDI. 
C)  inflows of portfolio capital. 
D)  a and b 
E)  b and c

Question 14

Which of these was not an IMF austerity program policy request?

Accepted Answer

A)  lower government spending 
B)  higher taxes 
C)  reduced demand for foreign exchange 
D)  reduced GDP 
E)  lower taxes 
A)  lower government spending 
B)  higher taxes 
C)  reduced demand for foreign exchange 
D)  reduced GDP 
E)  lower taxes

Question 15

Which of the following is associated with ODA?

Accepted Answer

A)  IMF 
B)  World Bank 
C)  IMA 
D)  WTO 
E)  none of the above 
A)  IMF 
B)  World Bank 
C)  IMA 
D)  WTO 
E)  none of the above

Question 16

At its worst point, long-term debt was valued at what percentage of GDP for Latin America?

Accepted Answer

A)  10% 
B)  20% 
C)  50% 
D)  80% 
E)  100% 
A)  10% 
B)  20% 
C)  50% 
D)  80% 
E)  100%

Question 17

Which of the following would cause a currency to depreciate?

Accepted Answer

A)  relatively high inflation 
B)  relatively fast economic growth 
C)  low commodity prices 
D)  all of the above 
E)  none of the above 
A)  relatively high inflation 
B)  relatively fast economic growth 
C)  low commodity prices 
D)  all of the above 
E)  none of the above

Question 18

Which of these is not a form of debt?

Accepted Answer

A)  FDI 
B)  government issued bonds 
C)  borrowing from IMF 
D)  borrowing from commercial banks 
E)  borrowing from World Bank 
A)  FDI 
B)  government issued bonds 
C)  borrowing from IMF 
D)  borrowing from commercial banks 
E)  borrowing from World Bank

Question 19

Which of these is a great ODA success story for Latin America?

Accepted Answer

A)  the IMF 
B)  the World Bank 
C)  the Bretton Woods system 
D)  sovereign lending 
E)  the Inter-American Development Bank 
A)  the IMF 
B)  the World Bank 
C)  the Bretton Woods system 
D)  sovereign lending 
E)  the Inter-American Development Bank

Question 20

Inability to repay a debt is known as:

Accepted Answer

A)  equity. 
B)  disclosure. 
C)  IMF. 
D)  default 
E)  none of the above 
A)  equity. 
B)  disclosure. 
C)  IMF. 
D)  default 
E)  none of the above

In which decade was FDI low?

A current account deficit could be offset by inflows of _ and _.

Remittances account for what percent of total GDP for Latin America?

Commercial banks lending money to foreign governments in known as what?

Which Latin American nation used "guano bonds" to repay loans it had taken on early into its independence?

A financial account surplus is linked to:

A gift from a donor country to be used for economic development or national security is known as:

The "Lost Decade" in Latin America was the:

Which of the following can be a part of financing a current account deficit?

Which of the following is a form of equity?

Describe the Inter-American Development Bank. What key features of the bank have contributed to its success?

Which country recently had a currency board?

A current account deficit could be offset by:

Which of these was not an IMF austerity program policy request?

Which of the following is associated with ODA?

At its worst point, long-term debt was valued at what percentage of GDP for Latin America?

Which of the following would cause a currency to depreciate?

Which of these is not a form of debt?

Which of these is a great ODA success story for Latin America?

Inability to repay a debt is known as:

Latin American Economic History

Economic Growth and Latin America

Limits to Growth in Latin America

Growth and the Environment in Latin America

Latin American and Primary Commodities

Import Substitution in Latin America

Latin American Trade Policy

Exchange-Rate Policy

Macroeconomic Policy in Latin America

Macroeconomic Stability

Poverty Inequality

Economic Policy Debates in Latin America

Filters

Exam 9: Financing Current-Account Deficits

In which decade was FDI low?

A current account deficit could be offset by inflows of _____ and _____.

Remittances account for what percent of total GDP for Latin America?

Commercial banks lending money to foreign governments in known as what?

Which Latin American nation used "guano bonds" to repay loans it had taken on early into its independence?

A financial account surplus is linked to:

A gift from a donor country to be used for economic development or national security is known as:

The "Lost Decade" in Latin America was the:

Which of the following can be a part of financing a current account deficit?

Which of the following is a form of equity?

Describe the Inter-American Development Bank. What key features of the bank have contributed to its success?

Which country recently had a currency board?

A current account deficit could be offset by:

Which of these was not an IMF austerity program policy request?

Which of the following is associated with ODA?

At its worst point, long-term debt was valued at what percentage of GDP for Latin America?

Which of the following would cause a currency to depreciate?

Which of these is not a form of debt?

Which of these is a great ODA success story for Latin America?

Inability to repay a debt is known as:

Latin American Economic History

Economic Growth and Latin America

Limits to Growth in Latin America

Growth and the Environment in Latin America

Latin American and Primary Commodities

Import Substitution in Latin America

Latin American Trade Policy

Exchange-Rate Policy

Macroeconomic Policy in Latin America

Macroeconomic Stability

Poverty Inequality

Economic Policy Debates in Latin America

Filters

A current account deficit could be offset by inflows of _ and _.