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BUSMHR 2000 Chapter 9 Warm Up
Terms in this set (12)
________ refers to the price of one currency expressed in terms of another currency.
When changes in the price of one country's money could possibly damage the price of another country's money, it is called ________.
Which organization or outlet in a country is responsible for money, credit, and managing the exchange rate of its currency?
The central bank
Argentina has had extended periods of very large increases in the prices of its goods and services. This situation describes ________.
The main objective of the ________ is to reduce global poverty by providing loans to low- and middle-income nations.
Which of the following is a feature of the fixed exchange rate system?
Currency value is established relative to the value of another at a stated rate.
Which of the following has NOT facilitated the worldwide integration of financial and monetary activity?
the holding of the value of one country's currency against the U.S. dollar
Which of the following refers to the institutional structures, rules, and processes that manage how national currencies are exchanged for one another?
The international monetary system
Which of the following provides funds to companies in the form of stock rather than loans?
Which of the following occurs when investors lose assurance in a nation's banking system and respond by withdrawing funds?
Which of the following countries, according to the International Monetary Fund, has the highest gross government debt as a percentage of GDP?
In the international business environment, ________ represents a primary source of risk and uncertainty.
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