Question 1

What represents any location,online or physical,where business or individuals can raise funds?

Accepted Answer

A)  Investment brokerages 
B)  Financial brokerages 
C)  Investment houses 
D)  Capital markets 
E)  Banks

Question 2

International marketers carefully consider the percentage change in a currency's value over time.

Accepted Answer

A) True 
 B)False

Question 3

A regime that predetermines the value of a currency is known as what?

Accepted Answer

A)  Market-based regime 
B)  Fixed or pegged regime 
C)  Communist regime 
D)  Capitalistic regime 
E)  Preforecast regime

Question 4

Which of the following is not a regional development or national bank that is presented in the text?

Accepted Answer

A)  U.S. Agency for International Development 
B)  Asian Development Bank 
C)  Global Commerce Bank 
D)  U.S. Export-Import Bank 
E)  European Investment Bank

Question 5

All of the following cause price escalations except:

Accepted Answer

A)  Transportation costs 
B)  Tariffs 
C)  Importer margins 
D)  Wholesaler margins 
E)  Advertising costs

Question 6

What involves the direct exchange of goods between two companies?

Accepted Answer

A)  Barter 
B)  Buy-back 
C)  Compensation deals 
D)  Counterpurchases 
E)  Call back agreements

Question 7

An international marketer's profit is only weakly impacted by international finance issues.

Accepted Answer

A) True 
 B)False

Question 8

Forward rates are the exchange rates for a previous transaction that is projected into the future.

Accepted Answer

A) True 
 B)False

Question 9

What kinds of prices are set by individual governments,often in an attempt to weaken competition?

Accepted Answer

A)  Fixed 
B)  Market based 
C)  Tariff control 
D)  Administered 
E)  Free market

Question 10

Five characteristics determine the acceptability of money as a means of exchange.

Accepted Answer

A) True 
 B)False

Question 11

A country with more exports than imports experiences which of the following?

Accepted Answer

A)  Trade barrier 
B)  Trade gap 
C)  Trade surplus 
D)  Trade deficit 
E)  Trade imbalance

Question 12

The Organization for Economic Cooperation and Development creates a measure of purchasing power.

Accepted Answer

A) True 
 B)False

Question 13

Spendability is one of the five characteristics of a currency.

Accepted Answer

A) True 
 B)False

Question 14

The ability to change the local currency for a foreign currency is referred to as what?

Accepted Answer

A)  Currency acceptance 
B)  Currency exchangeability 
C)  Currency convertibility 
D)  Currency transferability 
E)  Currency transference

Question 15

A soft currency can be exchanged for other currencies worldwide.

Accepted Answer

A) True 
 B)False

Question 16

Which theory posits that in cases of complete openness and knowledge,speculation will not lead to profit?

Accepted Answer

A)  Efficient Currency Theory 
B)  Efficient Exchange Theory 
C)  Efficient Market Theory 
D)  Efficient Economic Theory 
E)  Efficient Transaction Theory

Question 17

The primary responsibility of the International Monetary Fund is currency stabilization.

Accepted Answer

A) True 
 B)False

Question 18

Sovereign debt ratings:

Accepted Answer

A)  Measure the total amount of debt in a country 
B)  Represent the chance that a country will default on governmental debt 
C)  Measure a company's total asset-to-debt ratio 
D)  Measure the GDP of a company in relation to its trade deficit 
E)  Represent the value of a nation's total debt

Question 19

What kind of bond is issued outside of a country that is denominated in a currency that is different from the country in which it is purchased?

Accepted Answer

A)  Host bond 
B)  Home bond 
C)  Eurobond 
D)  Foreign bond 
E)  Call bond

Question 20

Inflation is not affected by demand for a currency.

Accepted Answer

A) True 
 B)False

Exam 10: International Product Standardization and Adaptation

What represents any location,online or physical,where business or individuals can raise funds?

International marketers carefully consider the percentage change in a currency's value over time.

A regime that predetermines the value of a currency is known as what?

Which of the following is not a regional development or national bank that is presented in the text?

All of the following cause price escalations except:

What involves the direct exchange of goods between two companies?

An international marketer's profit is only weakly impacted by international finance issues.

Forward rates are the exchange rates for a previous transaction that is projected into the future.

What kinds of prices are set by individual governments,often in an attempt to weaken competition?

Five characteristics determine the acceptability of money as a means of exchange.

A country with more exports than imports experiences which of the following?

The Organization for Economic Cooperation and Development creates a measure of purchasing power.

Spendability is one of the five characteristics of a currency.

The ability to change the local currency for a foreign currency is referred to as what?

A soft currency can be exchanged for other currencies worldwide.

Which theory posits that in cases of complete openness and knowledge,speculation will not lead to profit?

The primary responsibility of the International Monetary Fund is currency stabilization.

Sovereign debt ratings:

What kind of bond is issued outside of a country that is denominated in a currency that is different from the country in which it is purchased?

Inflation is not affected by demand for a currency.