A country’s demand for foreign currency is derived from( )选项： A:int

1.A country's demand for foreign currency is derived from: 选项： A、international transactions entering the debit side of its balance of payments accounts B、international transactions entering the credit column of its balance of payments accounts C、the government's attempt to revalue domestic currency D、an increase in foreign capital inflows in the domestic country

2.When a country under a floating exchange rate regime has a huge deficit in the balance of payments, the government could exchange foreign currency for domestic currency in the foreign market to prevent its currency devaluation and further improve its status of balance of payments disequilibrium. 选项： A、正确 B、错误

3. A country has a surplus in its balance of payments when it is running down its official international reserves or borrowing from foreign central bank.

4.A country’s balance of payments records（）选项： A:the prices that a country pays for its imports and the prices that the country receives for its imports. B:the flows of value between that country’s residents and residents of the rest of the world during a period of time. C:capital gains and losses on a country’s international assets. D:the value of a country’s holdings of foreign assets, minus the value of foreign holdings of the country’s assets.

5.Suppose that, for a country, its money supply (Ms) is at the moment equal to its demand for money (Md). Now suppose that the country’s central bank pumps new money into the economy. The result of this central bank action, other things equal, is that there will be __________ under flexible exchange rates and a consequent __________ of the country’s currency. 选项： A: an incipient balance-of-payments surplus for the country; appreciation B: an incipient balance-of-payments surplus for the country; depreciation C: an incipient balance-of-payments deficit for the country; appreciation D: an incipient balance-of-payments deficit for the country; depreciation

6.In the foreign exchange market, the exchange rate of a country's currency changes frequently. The main factors affecting the exchange rate changes include ( ).选项： A:interest rate difference and economic growth difference between domestic and foreign countries; B:the country's balance of payments; C:the difference in the rate of price rise between domestic and foreign countries; D:domestic and foreign macroeconomic policies; E:market expectations

7.Which one of the following items is a “credit” item in a country’s balance-of-payments accounts? 选项： A: unilateral transfers received from another country B: decrease in short-term home country assets owned by foreign private citizens C: imports of goods D: domestic purchase of a foreign corporation’s bond

8.The system of accounts that records a nation’s international financial transactions is most accurately called its: 选项： A、supply chain management system B、gross domestic product system C、net domestic product payments D、alance of payments E、net national product systems

9.Under a fixed exchange rate, a balance-of-payments surplus for a country will lead to a（） in the money supply as the country’s central bank （） in order to maintain the fixed exchange rate.选项： A:rise; purchases domestic currency ; B:rise; purchases foreign exchange ; C:fall; sells domestic currency ; D:fall; sells foreign exchange

10. International businesses use foreign exchange markets for all of the following reasons except: 选项： A、 to receive payments from foreign investments that may be in foreign currencies B、 to pay a foreign company for its products or services in its country's currency C、 to invest for short terms in money markets when they have spare cash D、 to cover themselves from all risks involved in currency speculation

11.A firm in the International Trade Phase of Globalization: 选项： A、makes all foreign payments in foreign currency units and all foreign receipts in domestic currency units. B、receives all foreign receipts in foreign currency units and makes all foreign payments in domestic currency units. C、bears direct foreign exchange risk. D、none of the above

12.Under a floating exchange rate regime in which the international capital flows are less responsive to changes in interest rate, the expansionary fiscal policy implemented by the domestic government will:( ) 选项： A:the domestic interest rate increases. B:foreign capital inflows decrease domestic product. C:the financial account balance deteriorates. D:the official settlements balance tends to go into surplus.

13.A country with a surplus in the balance of payments may ( ). 选项： A: increase foreign exchange reserves; B:enhance ability of external payment; C:raise the cost of international trade; D:improve it international status

14.The suspense account shows a debit balance of $100. What could this balance be due to?选项： A:Entering $50 received from A Turner on the debit side of A Turner's account; B:Entering $50 received from A Turner on the credit side of A Turner's account; C:Undercasting the sales day book by $100; D:Undercasting the purchases account by $100

15.The balance of payments as applied to a course in international finance may be defined as: 选项： A:the amount still owed by an exporting firm after making an initial down payment. B:the amount still owed by governments to the International Monetary Fund. C:the amount of a country's merchandise trade deficit or surplus. D:the measurement of all international economic transactions between the residents of a country and foreign residents.

16.If the balance of payments accounts of a country shows a current account deficit, it means that ( ) 选项： A:the country is acting as a net lender to the rest of the world. B:the country's foreign assets are growing more slowly than its foreign liabilities. C:the country's foreign assets are growing more quickly than its foreign liabilities. D:the country's exports are higher than its imports.

17.If we compile data on a country’s exports and imports of goods and services, its unilateral transfers, and net factor income flows, the resulting net credit or net debit account would be called that country’s选项： A:balance of trade ; B:balance on current account; C: financial account balance; D:official reserve transactions balance

18.Generally speaking, any transaction that results in a receipt from foreigners 选项： A、will be recorded as a debit, with a negative sign, in the U.S. balance of payments. B、will be recorded as a debit, with a positive sign, in the U.S. balance of payments. C、will be recorded as a credit, with a negative sign, in the U.S. balance of payments. D、will be recorded as a credit, with a positive sign, in the U.S. balance of payments.

19. Which of the following is not the subject matter of international finance （）选项：foreign exchange marketsB、the balance of payments C、the basis and the gains from trade D、policies to adjust balance of payments disequilibria

20.Why would it be useful to examine a country's balance-of-payments(BOP) data? 选项： A:BOP provides detailed information about the supply and demand of the country's currency. B:BOP data can be used to evaluate the performance of the country in international economic competition. C:BOP data shows how exchange rates between currencies are determined. D:BOP provides detailed information about how international payments are made.

21.The principal main source of a country's international reserves is（）. 选项： A、foreign exchange purchased B、Special Drawing Rights C、gold purchased by central bank D、balance of payments surplus

22.Which of the following is not the subject matter of international finance? 选项： A:foreign exchange markets B:the balance of payments C:the basis and the gains from trade D:policies to adjust balance of payments disequilibria