Stage 5 Testing 1:Multiple-Choice Questions
Now you will hear 10 questions about the information you heard in the lecture.Each question will be spoken one time only,and 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)From the nation’s GDP data
(b)From the nation’s balance of payments
(c)From the nation’s CPI data
(d)From the nation’s FDI data
2.
(a)Country A makes payment of dividends to Country B
(b)Country A sells T-shirts to Country B
(c)Country B donates food to Country A
(d)Country B establishes a joint venture with Country A
3.
(a)An accounting firm of Country A audits the books of a company of Country B
(b)Country A pays foreign employees
(c)A Canadian investment company receives payment of interest from the US Treasury
(d)All of the above
4.
(a)When imports of merchandise exceed exports of merchandise
(b)When exports of merchandise exceed imports of merchandise
(c)When imports of goods and services exceed exports of goods and services
(d)When exports of goods and services exceed imports of goods and services
5.
(a)It reflects an economy as a net creditor to the rest of the world
(b)It reflects an economy as a net debtor to the rest of the world
(c)It shows that the country is investing more than it is saving
(d)It indicates a reduction in the country’s foreign-exchange assets
6.
(a)The transfer of ownership of land
(b)Bank deposits by foreign firms
(c)Debt forgiveness
(d)None of the above
7.
(a)It is the purchase of 10% or greater of a foreign entity’s common stock
(b)It is the purchase of less than 10% of a foreign entity’s common stock
(c)It is foreign acquisition of the bonds issued by a foreign entity
(d)It is foreign acquisition of all the intangible assets of a foreign entity
8.
(a)The current account
(b)The capital account
(c)The other capital account
(d)The investment portfolio account
9.
(a)Bills of exchange
(b)Foreign exchange
(c)Monetary gold
(d)Special Drawing Rights
10.
(a)The country is likely to reduce exports
(b)The country is likely relax trade restrictions
(c)The country is likely to curb capital outflows
(d)The country is likely to expand imports