2022知到答案 国际金融管理（英） 最新完整智慧树知到满分章节测试答案

第一章 单元测试

1、 问题:

 Recently, financial markets have become highly integrated. This development

选项：
A:allows investors to diversify their portfolios internationally.
B:allows minority investors to buy and sell stocks. 
C:has increased the cost of capital for firms. 
D:answers a and c are both correct. 
答案: 【
allows investors to diversify their portfolios internationally.
】

2、 问题:

Although the world economy is much more integrated today than was the case 10 or 20 years ago, a variety of barriers still hamper free movements of people, goods, services, and capital across national boundaries. These barriers include 

选项：
A:legal restrictions. 
B:excessive transportation costs. 
C:information asymmetry. 
D:all of the above 
答案: 【
all of the above 
】

3、 问题:

 A purely domestic firm sources its products, sells its products, and raises its funds domestically

选项：
A: can face stiff competition from a multinational corporation that can source its products in one country, sell them in several countries, and raise its funds in a third country.
B:can be more competitive than a MNC on its home turf due to superior knowledge of the local market. 
C:can still face exchange rate risk, just like a MNC. 
D:all of the above are true 
答案: 【
all of the above are true 
】

4、 问题:

 Suppose your firm invests $100,000 in a project in Italy. At the time the exchange rate is $1.25 = €1.00. One year later the exchange rate is the same, but the Italian government has expropriated your firm's assets paying only €80,000 in compensation. This is an example of

选项：
A:exchange rate risk.
B:political risk. 
C: market imperfections.
D:none of the above, since $100,000 = €80,000 × $1.25/€1.002 
答案: 【
political risk. 
】

5、 问题:

 The ultimate guardians of shareholder interest in a corporation, are the

选项：
A:rank and file workers. 
B:senior management. 
C:boards of directors. 
D: all of the above.
答案: 【
boards of directors. 
】

第二章 单元测试

1、 问题:

 The price-specie-flow mechanism will work only if governments are willing to play by the rules of the game by letting the money stock rise and fall as gold flows in and out. Once the government demonetizes (neutralizes) gold, the mechanism will break down. In addition, the effectiveness of the mechanism depends on

选项：
A: the income elasticity of the demand for imports.
B: the price elasticity of the demand for imports.
C:the price elasticity of the supply of imports. 
D:the income elasticity of the supply of imports. 
答案: 【
 the price elasticity of the demand for imports.
】

2、 问题:

 Under the Bretton Woods system each country established a par value for its currency in relation to the dollar. And the U.S. dollar was pegged to gold at 

选项：
A: $1 per ounce. 
B:$35 per ounce. 
C: $350 per ounce.
D:$900 per ounce. 
答案: 【
$35 per ounce. 
】

3、 问题:

 When money can move freely across borders, policy makers must choose between

选项：
A:exchange-rate stability and an economic growth. 
B:exchange-rate stability and inflation. 
C:exchange-rate stability and an independent monetary policy. 
D:exchange-rate stability and capital controls. 
答案: 【
exchange-rate stability and an independent monetary policy. 
】

4、 问题:

 During the period between World War I and World War II,

选项：
A: the major European powers and the U.S. returned to the gold standard and fixed exchange rates.
B:while most countries abandoned the gold standard during World War I, international trade and investment flourished during the interwar period under a coherent international monetary system. 
C:the U.S. dollar emerged as the dominant world currency, gradually replacing the British pound for the role. 
D: None of the above.
答案: 【
the U.S. dollar emerged as the dominant world currency, gradually replacing the British pound for the role. 
】

5、 问题:

During the period of the classical gold standard (1875-1914) there were 

选项：
A: highly volatile exchange rates.
B:volatile exchange rates. 
C:moderately volatile exchange rates. 
D:stable exchange rates. 
E: no exchange rates.
答案: 【
stable exchange rates. 
】

第三章 单元测试

1、 问题:

 If the United States imports more than it exports, then this means that

选项：
A:the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus. 
B:the demand for dollars is likely to exceed the supply in the foreign exchange market, ceteris paribus. 
C:the U.S. dollar would be under pressure to appreciate against other currencies. 
D:both b and c are correct 
答案: 【
the supply of dollars is likely to exceed the demand in the foreign exchange market, ceteris paribus. 
】