Stage 5 Testing 1:Multiple-Choice Questions
Now you will be able to check whether you understood the lecture and took sufficient notes to find answers to the questions that you will hear.O.K.,let’s begin this quiz.You will hear 10 questions about the information you heard in the lecture.Each question will be spoken two times,but it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)Governments liberalize their economies
(b)Domestic lenders and borrowers are kept off international financial markets
(c)Australian companies can borrow only yen-denominated loans in Japan
(d)Domestic and international financial systems are integrated
2.
(a)In Berlin,London and Paris
(b)In Frankfurt,London and Berlin
(c)In London,Paris and Bonn
(d)In Paris,London and New York
3.
(a)10.9
(b)11.9
(c)12.9
(d)13.9
4.
(a)They found it more difficult to raise capital
(b)They lost the power of making their own monetary policies
(c)They benefitted from the adjustable-peg exchange rate system
(d)None of the above
5.
(a)It grew from $295 trillion to $536 trillion
(b)It jumped to $1,152 trillion from $295 trillion
(c)It went from $536 trillion to $1,152 trillion
(d)It increased three times as much
6.
(a)$8 trillion
(b)$2.5 trillion
(c)$1.54 trillion
(d)$856 billion
7.
(a)21 percentage points
(b)38 percentage points
(c)15 percentage points
(d)17 percentage points
8.
(a)More financial alternatives available
(b)Greater market volatility
(c)Strengthened corporate governance
(d)Better diversification of risk
9.
(a)Develop a sound financial infrastructure
(b)Expose to more external shocks
(c)Implement foreign exchange controls
(d)Curb capital flight
10.
(a)Bank failures and corporate bankruptcies
(b)Economic and financial disorders
(c)Both(a)and(b)
(d)None of the above