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Test Bank for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett), ISBN: 9780137496013, All 18 Chapters Covered, Verified Latest Edition$15.99
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Test Bank for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett), ISBN: 9780137496013, All 18 Chapters Covered, Verified Latest Edition
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Course
Multinational Business Finance 16th ed. by Eitema
Institution
Multinational Business Finance 16th Ed. By Eitema
Test Bank for Multinational Business Finance 16th Edition By (Eiteman/Stonehill/Moffett), ISBN: 9780137496013, All 18 Chapters Covered, Verified Latest Edition
Multinational v Business v Finance, v 16e v (Eiteman/Stonehill/Moffett)
Chapter v 1 Multinational v Financial v Management: v Opportunities v and v Challenges
1.1 The v Global v Financial v Marketplace
1) Financial v globalization v has v NOT v resulted v in:
A) continuing v imbalances v of v balance v of v payments.
B) an v increase v vin v quantity v vand v speed v in v the v flow v of v capital vacross v the v world.
C) capital v markets v less v open v and v a v decrease v in v the v availability v of
v capital v for v manyvorganizations.
D) uniform v ways v of v ownership, v control, v and v governance
v across v thevworld.vAnswer: v D
Diff: v1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
2) Financial v globalization v has v NOT v resulted v in:
A) continuing v imbalances v of v balance v of v payments.
B) an v increase v vin v quantity v vand v speed v in v the v flow v of v capital vacross v the v world.
C) capital v markets v more v open v and v an v increase v in v the v availability
v of v capitalvfor v manyorganizations.
D) an vincrease vin vthe vflow vof vcapital vinto vand vout vof
vindustrializedvmarkets.vAnswer: v C
Diff: v1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
3) The v institutions v of v global v finance v are:
A) central v banks.
B) commercial v banks.
C) investment v banks.
D) All vof vthe vabove vare vinstitutions vof
vglobalvfinance.vAnswer: v D
Diff: v1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
4) A v major v cost v avoided v in v the v eurocurrency vmarkets v is v the v payment
v of v depositvinsurance v fees, vsuch vas:
A) Federal v Deposit vInsurance v Corporation v — v FDIC.
B) Office v of v the v Comptroller vof v the v Currency v — v OCC.
C) International v Monetary v Fund v — v IMF.
D) World vBank v—
vWB. vAnswer: vA
vDiff: v2
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
5) The v modern v veurocurrency v market v was v born v shortly v after:
A) World v War v II.
B) World v War v I.
C) Korean v War.
D) Bosnian
vWar.
vAnswer:
A vDiff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
6) The v reference v rate v of v interest vin v the v eurocurrency v market v is v the:
A) London v Interbank v Offered v Rate.
B) Prima v rate.
C) Federal v funds v rate.
D) Treasury
vrate.
vAnswer:
A vDiff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
8) Multinational venterprises v (MNEs) v are v firms, v both v for-profit v companies v and
v not-for- vprofit vorganizations, vthat vhave voperations vin vmore vthan vone v country, v and
v conduct v their vbusiness v throughforeign vsubsidiaries, vbranches, vor v vjoint vventures vwith
vhost vcountry v firms. vAnswer: vTRUE
Diff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
9) Ownership, vcontrol, vand vgovernance vchanges vradically vacross vthe vworld. vThe
vpubliclyvtradedcompany v is vnot v the vdominant vglobal vbusiness v organization—the
vprivately vheld vorvfamily-ownedbusiness v is v the v prevalent vstructure—and vtheir vgoals
vand vmeasures v of vperformance vdiffer vdramatically.
Answer: vTRUE
vDiff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
10) The v securities vat v the v heart vof v the v global v capital vmarkets v are v the
v Mortgage v BackedvSecurities(MBS). v The v health v and vsecurity vof v the vglobal
vfinancial vsystem v rely von v the vquality v of v these vsecurities.
Answer: vFALSE
vDiff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
11) The v U.S. v dollar v has v been v vthe v focal v vpoint v of v currency v trading v vsince
v the v v1940s. v Asva v result,vmost v of v the v world's vcurrencies vare v quoted vagainst
vthe vdollar.
Answer: vTRUE
vDiff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
12) Several v of v the v world's v major v currency v exchange v rates v follow v a v specific
v quotationvconvention v that v is v the v result v of v tradition v and v history. v The v exchange
v rate v between v the
U.S. v dollar v and vthe v eurois valways vquoted vas v "dollars
v per veuro."vAnswer: vTRUE
Diff: v 1
L.O.: v1.1 vThe vGlobal vFinancial vMarketplace
vSkill: v Recognition
AACSB: Application v of v knowledge
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