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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 R336,13
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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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  • Multinational Business Finance 16th Ed. By

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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  • October 4, 2024
  • 498
  • 2024/2025
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  • test bank for multinational business finance 16th

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  • Multinational Business Finance 16th ed. by
  • Multinational Business Finance 16th ed. by

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https://browsegrades.net/singlePaper/416756/testbank-an

,https://browsegrades.net/singlePaper/416756/testbank-and-solution-manua-for-multinational-bu


Multinational Business Finance, 16e (Eiteman/Stonehill/Moffett)
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Chapter 1 Multinational Financial Management: Opportunities and Challenges
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1.1 The Global Financial Marketplace
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1) Financial globalization has NOT resulted in:
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A) continuing imbalances of balance of payments.ci ci ci ci ci


B) an increase in quantity and speed in the flow of capital across the world.
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C) capital markets less open and a decrease in the availability of capital for many organizations.
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D) uniform ways of ownership, control, and governance across the world.
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Answer: D ci


Diff: 1
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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge
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2) Financial globalization has NOT resulted in:
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A) continuing imbalances of balance of payments.ci ci ci ci ci


B) an increase in quantity and speed in the flow of capital across the world.
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C) capital markets more open and an increase in the availability of capital for many
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organizations.
D) an increase in the flow of capital into and out of industrialized markets.
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Answer: C ci


Diff: 1
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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge
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3) The institutions of global finance are:
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A) central banks. ci


B) commercial banks. ci


C) investment banks. ci


D) All of the above are institutions of global finance.
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Answer: D ci


Diff: 1
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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge
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1
Copyright © 2023 Pearson Education, Inc. ci ci ci ci ci

,https://browsegrades.net/singlePaper/416756/testbank-and-solution-manua-for-multinational-bu


4) A major cost avoided in the eurocurrency markets is the payment of deposit insurance fees,
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such as: ci


A) Federal Deposit Insurance Corporation — FDIC.
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B) Office of the Comptroller of the Currency — OCC.
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C) International Monetary Fund — IMF. ci ci ci ci


D) World Bank — ci ci


WB.Answer: A
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Diff: 2 ci


L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




5) The modern eurocurrency market was born shortly after:
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A) World War II. ci ci


B) World War I. ci ci


C) Korean War. ci


D) Bosnian War. ci ic


Answer: A Dif cicic i ci


f: 1 ci


L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




6) The reference rate of interest in the eurocurrency market is the:
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A) London Interbank Offered Rate. ci ci ci


B) Prima rate. ci


C) Federal funds rate. ci ci


D) Treasury rate. ci ic


Answer: A Dif cicic i ci


f: 1 ci


L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




7) Interest spreads in the eurocurrency market are small for many reasons EXCEPT:
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A) Eurocurrency loans are secured loans. ci ci ci ci


B) Eurocurrency deposits and loans are made in amounts of $500,000 or more on an unsecured
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basis.
C) The eurocurrency is a wholesale market.
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D) Borrowers are usually large corporations or government entities.
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Answer: A ci


Diff: 2 ci


L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




2
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, https://browsegrades.net/singlePaper/416756/testbank-and-solution-manua-for-multinational-bu


8) Multinational enterprises (MNEs) are firms, both for-profit companies and not-for-
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profit organizations, that have operations in more than one country, and conduct their business th
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roughforeign subsidiaries, branches, or joint ventures with host country firms.
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Answer: TRUEDiff ci ic


:1
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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




9) Ownership, control, and governance changes radically across the world. The publicly traded
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company is not the dominant global business organization—the privately held or family-
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ownedbusiness is the prevalent structure—
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and their goals and measures of performance differ dramatically.
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Answer: TRUEDiff ci ic


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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




10) The securities at the heart of the global capital markets are the Mortgage Backed Securities
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(MBS). The health and security of the global financial system rely on the quality of these secur
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ities.
Answer: FALSEDi ci ic


ff: 1 ci


L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




11) The U.S. dollar has been the focal point of currency trading since the 1940s. As a result,
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most of the world's currencies are quoted against the dollar.
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Answer: TRUEDiff ci ic


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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




12) Several of the world's major currency exchange rates follow a specific quotation convention
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that is the result of tradition and history. The exchange rate between the U.S. dollar and the euro
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is always quoted as "dollars per euro."
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Answer: TRUEDiff ci ic


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L.O.: 1.1 The Global Financial MarketplaceSkill
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: Recognition
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AACSB: Application of knowledge c i ci ci




3
Copyright © 2023 Pearson Education, Inc. ci ci ci ci ci

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