Vietnam National University, Ho Chi Minh City

MANAGEMENT 12

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46 Free Test Bank for International Financial Management
12th Edition Jeff Madura Multiple Choice Questions
____ purchases more U.S. exports than the other countries listed
here.
1. a.Italy
2. b.Spain
3. c.Mexico
4. d.Canada
In recent years, the U.S. has had a relatively (compared to other
countries) ____ balance of trade ____ with China.
1. a.small; surplus
2. b.large; surplus
3. c.small; deficit
4. d.large; deficit
The World Bank's Multilateral Investment Guarantee Agency (MIGA):
1. a.offers various forms of export insurance.
2. b.offers various forms of import insurance.
3. c.offers various forms of exchange rate risk insurance.
4. d.provides loans to developing countries.
5. e.offers various forms of political risk insurance.
An increase in the use of quotas is expected to:
1. a.reduce the country's current account balance, if other governments do not
retaliate.