Question : 21.The International Monetary Fund (IMF) was founded to: a.manage monetary policies : 1318229

 

21.The International Monetary Fund (IMF) was founded to:

a.manage monetary policies around the world.

b.help restructure impoverished economies.

c.provide infrastructural and medical aid to developing countries.

d.provide financial assistance to developing countries for development programs.

22.The _____, which was founded in 1944, has recently been assisting nations that used to be categorized as “wealthy.”

a.International Monetary Fund

b.World Trade Organization

c.World Health Organization

d.European Union

23.Which of the following is true about global investments?

a.They have brought about interdependence between nations which is stable in nature.

b.They have made past trade orientations more relevant in today’s changing times.

c.They have reduced the role of manufactured goods and services in the international market.

d.They have made it increasingly difficult to differentiate between “rich” and “poor.”

24.Which of the following has traditionally been a domestic issue and is now an international issue?

a.Geographic boundaries of cities

b.The flow of water through dam diversion tunnels

c.Applications for government subsidies

d.Agriculture and farm policies affecting imports and exports

25.Independent of trade, currency flows set _____ rates, which are the values of currencies relative to each other.

a.prime lending

b.interest

c.discount

d.exchange

26.Which of the following is true regarding the domestic repercussions of global linkages?

a.Policymakers find it easier to isolate domestic economic activity from international market events.

b.Governments have gained more power to implement effective policy measures.

c.Private-sector financial flows exceed the financial flows that can be marshaled by the government.

d.Policymakers have more effective tools but less responsibilities to carry out.

27.By erecting barriers, designing quotas, and implementing other import regulations, governments have attempted to:

a.prevent illegal trade across borders.

b.restrict the impact of global trade and financial flows.

c.increase the income of the government.

d.capitalize on technology and enforce worldwide standards.

28.To regain some power to influence events, policymakers have sought to restrict the impact of global trade and financial flows by:

a.minimizing barriers.

b.charging tariffs.

c.canceling import regulations.

d.limiting quotas.

29.Which of the following is true about closer global linkages and domestic policy makers?

a.They have more effective tools to carry out their responsibilities.

b.They find themselves with decreasing responsibilities.

c.They find it easy to distinguish between domestic and international economic activities.

d.They have imposed import regulations to restrict the impact of global trade.

30.Measures such as quotas and import regulations have been restrained by international agreements that regulate trade restrictions, particularly through the _____.

a.World Bank

b.United Nations Trade Mission

c.World Trade Organization

d.IMF

31.One way to guard against market saturation of a product is to:

a.lower interest rates.

b.delay introduction of a new product.

c.personalize the message to the customer.

d.lengthen or rejuvenate product life cycles in other countries.

32.Which of the following mistakes committed by firms leads to inefficiency, lack of consumer

acceptance, and sometimes even corporate failure?

a.Overbudgeting the overhead costs in international markets

b.Transferring knowledge around the globe

c.Lengthening product life cycles in other countries

d.Believing that international customers are just like the ones the firm deals with at home

 

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