Garantie de satisfaction à 100% Disponible immédiatement après paiement En ligne et en PDF Tu n'es attaché à rien
Recherché précédemment par vous
TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi Chuluun. ISBN-13: 9781260013870. Complete Chapters( 1-21 )Updated| Complete Guide A+€12,66
Ajouter au panier
TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi Chuluun. ISBN-13: 9781260013870. Complete Chapters( 1-21 )Updated| Complete Guide A+
12 vues 0 fois vendu
Cours
International Financial Management 9th
Établissement
International Financial Management 9th
Book
International Financial Management
TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi Chuluun. ISBN-13: 9781260013870. Complete Chapters( 1-21 )Updated| Complete Guide A+
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What ...
Test Bank for International Financial Management 9th Edition By Cheol Eun, Bruce Resnick All Chapters fully covered and updated
Test Bank for International Financial Management 9th Edition By Cheol Eun, Bruce Resnick All Chapters fully covered and updated
Exercise sessions International Financial Management (HW Ugent) - 18/20!!
Tout pour ce livre (16)
École, étude et sujet
International Financial Management 9th
Tous les documents sur ce sujet (1)
Vendeur
S'abonner
TestsBanks
Avis reçus
Aperçu du contenu
TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi
Chuluun.
TEST BANK for International Financial Management
9th Edition by Cheol Eun, Bruce Resnick and Tuugi
Chuluun. ISBN-13: 9781260013870
Test Bank Page 1
, TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi
Chuluun.
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) What major dimension sets apart international finance from domestic finance?
A) Foreign exchange and political risks
B) Market imperfections
C) Expanded opportunity set
D) all of the options
2) An example(s) of a political risk is
A) expropriation of assets.
B) adverse change in tax rules.
C) the opposition party being elected.
D) both the expropriation of assets and adverse changes in tax rules are correct.
3) Production of goods and services has become globalized to a large extent as a result of
A) natural resources being depleted in one country after another.
B) skilled labor being highly mobile.
C) multinational corporations' efforts to source inputs and locate production anywhere
where costs are lower and profits higher.
D) common tastes worldwide for the same goods and services.
4) Recently, financial markets have become highly integrated. This development
Test Bank Page 2
, TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi
Chuluun.
A) allows investors to diversify their portfolios internationally.
B) allows minority investors to buy and sell stocks.
C) has increased the cost of capital for firms.
D) none of the options
5) Japan has experienced large trade surpluses. Japanese investors have responded to this by
A) liquidating their positions in stocks to buy dollar-denominated bonds.
B) investing heavily in U.S. and other foreign financial markets.
C) lobbying the U.S. government to depreciate its currency.
D) lobbying the Japanese government to allow the yen to appreciate.
6) Suppose your firm invests $100,000 in a project in Italy. At the time the exchange rate is
$1.25 = €1.00. One year later the exchange rate is the same, but the Italian government has
expropriated your firm's assets paying only €80,000 in compensation. This is an example of
A) exchange rate risk.
B) political risk.
C) market imperfections.
D) none of the options, since $100,000 = €80,000 × $1.25/€1.00.
Test Bank Page 3
, TEST BANK for International Financial Management 9th Edition by Cheol Eun, Bruce Resnick and Tuugi
Chuluun.
7) Suppose you start with $100 and buy stock for £50 when the exchange rate is £1 = $2.
One year later, the stock rises to £60. You are happy with your 20 percent return on the stock,
but when you sell the stock and exchange your £60 for dollars, you only get $45 since the pound
has fallen to £1 = $0.75. This loss of value is an example of
A) exchange rate risk.
B) political risk.
C) market imperfections.
D) weakness in the dollar.
8) Suppose that Great Britain is a major export market for your firm, a U.S.-based MNC. If
the British pound depreciates against the U.S. dollar,
A) your firm will be able to charge more in dollar terms while keeping pound prices
stable.
B) your firm may be priced out of the U.K. market, to the extent that your dollar costs
stay constant and your pound prices will rise.
C) to protect U.K. market share, your firm may have to cut the dollar price of your goods
to keep the pound price the same.
D) your firm may be priced out of the U.K. market, to the extent that your dollar costs
stay constant and your pound prices will rise, and to protect U.K. market share, your firm may
have to cut the dollar price of your goods to keep the pound price the same.
9) Suppose Mexico is a major export market for your U.S.-based company and the Mexican
peso appreciates drastically against the U.S. dollar. This means
Test Bank Page 4
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur TestsBanks. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €12,66. Vous n'êtes lié à rien après votre achat.
