Final Sınavı - Foreıgn Trade - sinavahazirlan.com

Soru 1:

Which one of the following states that the domestic interest rate is equal to the total of foreign interest rate and to the expected rate of change in the foreign exchange rate?

A) The interest parity condition B) The law of one price C) Relative productivity D) Relative price level E) Domestic real GDP

Soru 2:

According the PPP Theory, domestic price level will be equal to the product of the exchange rate and the level of foreign price level. Taking this into consideration, which of the following formulas is correct?

A) PTR=E$+PUS B) PTR=E$×PUS C) PUS =E$× PTR D) E$ = PTR ×PUS E) PTR=E$- PUS

Soru 3:

Which year were worldwide direct investments reached the top in terms of net inflow and net outflow?

A) 2005 B) 2006 C) 2007 D) 2008 E) 2009

Soru 4:

Which of the followings refers to the value of a domestic currency against foreign currencies corrected for the purchasing power.

A) Cross foreign exchange rate. B) Foreign exchange rate. C) Real foreign exchange rate. D) Spot exchange rate. E) Long run equilibrium exchange rate.

Soru 5:

What is an arrangement to avoid some or all forms of competition, the parties to which are business enterprise domiciled under more than one government and trading across national frontiers?

A) Voluntary export restraints B) Domestic production subsidies C) Export subsidies D) Dumping E) International cartels

Soru 6:

Which of the followings refers to the price offer of a bank related to a financial asset?

A) Quotation. B) Interest parity condition. C) Forward exchange rate. D) Domestic interest rate. E) Equilibrium exchange rate.

Soru 7:

What was the financial crisis in 2007 in the USA called as?

A) Pound Crisis B) Tequila Crisis C) Asian Tigers Crisis D) subprime mortgage crisis E) Panda Crisis

Soru 8:

Which of the followings refers to the situation when total exports exceed total imports?

A) Trade surplus. B) Exports. C) Imports. D) Balance of trade. E) Trade deficit.

Soru 9:

Which of the followings refers to the funds used for investments made by a country’s own citizens in a foreign country?

A) Private Capital Movements. B) Government Capital Movements. C) Short Term Capital Movements. D) Foreign Capital Movements. E) Domestic Capital Movements.

Soru 10:

Which of the followingsrefers to the investments made by individuals or firms through buying a firm, providing the establishment capital for a new company or increasing the capital of an existing company in other countries?

A) Foreign portfolio investments. B) A banking crisis. C) Vulnerability. D) A debt crisis. E) Foreign direct investments.

Soru 11:

Which one of the following terms states that entirely homogeneous (identical) goods should be sold with the same price even in different markets?

A) Forward exchange rate B) The law of one price C) Spot exchange rate D) The interest parity condition E) Demand for import

Soru 12:

Which of the following non-tariff restrictions is the strictest kind of restrictions preferred for political reasons?

A) Import prohibitions B) Embargoes C) Import quotas D) Tariff quotas E) Foreign exchange restrictions

Soru 13:

what is a sale of goods abroad at low a price, below their cost and price in the home market called?

A) Domestic production subsidies B) Export subsidies C) Anti-dumping duty D) Dumping E) International cartels

Soru 14:

Which of the following refers to flows of financial resources from one country to others to eliminate the disequilibrium in the balance of payments or to improve the country’s production possibilities?

A) Net foreign investments B) International portfolio investments C) International capital movements D) Foreign direct investments E) Volatility of foreign capital flows

Soru 15:

Why are governments protective?

A) to protect local industries B) To have more export C) To protect international interests D) To protect local people E) To protect their industry

Soru 16:

Which of the following is possible to calculate if we know the spot market values of interest rate for both currencies and exchange rate?

A) Domestic interest rate B) Current exchange rate C) Foreign interest rate D) Expected exchange rate E) Price level

Soru 17:

In macroeconomics, which of the following out of the factors doesn't include the real GDP?

A) relative productivity, B) relative price level, C) the exchange rate in the short run, D) barriers for international trade, E) preferences between imported and domestically produced goods,

Soru 18:

The GATT was agreed on by the signatory member countries in 1947. Upon the failure of the ITO initiative, the GATT 1947 constituted the main nominator of establishing a strong and responsive multilateral trading system. The GATT has paved the way for the WTO. The GATT is not terminated upon the establishment of the WTO. The GATT is still functioning as the main agreement on the multinational commodity trade under the auspices of the WTO and referred as GATT 1994. Which of the statements above about The Gatt are correct?

A) I and II B) III and IV C) I, III and IV D) II, III, IV and V E) I, II, III, IV and V

Soru 19:

Which of the following statements is true regarding Heckscher-Ohlin theory?

A) It assumes that comparative advantage of the countries solely depends on the relative differences in the productivity of labor. B) It does not clarify the basis of the comparative advantage. C) It states that comparative advantage of the trading countries are explained exclusively by differences in technology advancements. D) Trade triangles are drawn different due to the simplifying assumption of the Heckscher-Ohlin Theory, which refers to an imbalanced international trade between the trading countries. E) It was developed so as to respond the question "How does international trade affect the earnings of the factors of production within the trading countries?"

Soru 20:

Which of the followings is the principle on which Purchasing Power Parity (PPP) Theory is based?

A) Equilibrium level of exchange rate. B) Ceteris paribus. C) The real output (GDP) level of a country. D) Relative price level. E) The law of one price.