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MNB3701 ASSESSMENT 5 (721900) SEMESTER 2 2023 EXPECTED QUESTIONS AND ANSWERS
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MNB3701 ASSESSMENT 5 (721900) SEMESTER 2 2023 EXPECTED QUESTIONS AND ANSWERS
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BMZ ACADEMYBMZ ACADEMY
@061 262 1185/068 053 8213/0717 513 144
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
Which one of the following statements about the Bretton Wood system is correct?
a.
A system in which the value of most major currencies is maintained by fixing prices.
b.
A system in which the government allow demand and supply to determine exchange
rates.
c.
A system in which all currencies are pegged at a fixed rate to the Euro as a common
denominator.
d.
A system in which all currencies are pegged at a fixed rate to the US dollar as a
common denominator.
***********************************************************************
One of the main aims of the World Trade Organisation (WTO) is to _________.
a.
determines how nations should trade internationally.
b.
determines the exchange rates between nations.
c.
settle trade disputes between nations.
d.
make trade deals for nations.
************************************************************************
Instrumental view refers to stakeholder perspective which suggest_____________.
a.
that treating stakeholder well may reduce negative publicity for a firm.
b.
that treating stakeholders well may indirectly help the financial performance of a
firm.
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
c.
that firms should focus on activities that are beneficial to the firms and its stakeholders.
d.
that firms ought to be self-motivated to do the right thing because they have obligation
to society.
**************************************************************************************
The international monetary system that maintain a flexible exchange rate policy with no
common denominator is known as _________
a.
The gold standard
b.
The Bretton Woods system
c.
The European Financial system
d.
The post-Bretton Woods system
***************************************************************************************
Countries with lower environmental standards are commonly called ____________.
a.
Safe havens.
b.
Footloose plant.
c.
Pollution havens.
d.
Stakeholder friendly.
********************************************************************************
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
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