Final Sınavı - Foreıgn Trade - sinavahazirlan.com

Soru 1:

Which of the followings refers to the current exchange rate today for immediate delivery?

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 2:

Which of the following is not among the benefits of foreign direct investments?

A) Foreign direct investments create new business lines in the receiving country. B) Foreign direct investments cause some important changes in the market structure of the receiving country through evolving competition culture. C) Investing country gets the possibility of investing over her domestic savings to sustain economic growth without increasing indebtedness. D) Advanced production technology improves the quality of labor force overtime and this will help to increase wage and to reduce other production costs. E) In case of an economic turbulence in the receiving country, it is not easy for foreign direct investments to leave the country compared to portfolio investments.

Soru 3:

Which one below is not a financial asset?

A) buildings B) bonds C) equities D) deposits E) loans

Soru 4:

Which of the following is NOT one of the five basic principles of multilateral trading system?

A) Free Trade without Discrimination Principle B) Zero Hunger Goal Principle C) Predictability Principle D) Freer Trade Principle E) Promoting Fair Competition Principle

Soru 5:

Which of the following agreements has been the fundamental basis of the multilateral trading system in commodities and act like an umbrella agreement?

A) The GATT 1947 B) Article XXII C) TRIPS D) The GATT 1994 E) Doha Development Agenda

Soru 6:

Which of the following choices is not one of the main aims of trade restrictions?

A) Protect domestic producers B) Collect revenue to the Treasury C) Adjust balance of payments D) Seem possible to extend E) Serve for diplomatic relations

Soru 7:

Which one of the following statements about the Purchasing Power Parity (PPP) Theory is wrong ?

A) It claims that the foreign exchange rate will solely be determined by the price level changes in both countries B) It is based on a principle known as law of one price C) According the PPP Theory, domestic price level will be equal to the product of the exchange rate and the level of foreign price level D) The PPP Theory points out that if the prices in the home country increase morethan the prices in the foreign country, domestic currency must appreciate E) It investigates the relationship between the prices of not only the identical goods but also the prices of all goods among countries

Soru 8:

Which of the following refers to a crisis that occurs when there is an unexpected and sudden collapse of domestic currency unit?

A) A banking crisis B) A foreign exchange crisis C) A debt crisis D) A foreign investment crisis E) A subprime mortgage crisis

Soru 9:

Tariffs that are measured on the value of the goods and are levied as a percentage of that value are called:

A) Specific tariffs. B) Protective tariffs. C) Revenue tariffs. D) Ad valorem tariffs. E) Compound tariffs.

Soru 10:

Which of the following is NOT an organisation established in the post II. World War period?

A) The League of Nations B) International Monetary Fund C) International Trade Organization D) The World Bank E) International Court of Justice

Soru 11:

Which theory was constructed between the years of 1800-1900?

A) Absolute Advantage Theory B) Factor Proportions Theory C) New Trade Theory D) National Competitive Advantage E) Competitive Advantage Theory

Soru 12:

Serving as a source of revenue Decreasing the quantity of imports Shielding domestic industries Importing foreign goods Remediation of trade distortions Which of the above are the functions of tariff?

A) I-II-III B) II-III-IV C) I-III-V D) I-III-IV E) III-IV-V

Soru 13:

How would you define the term " speculation "?

A) It represents an appreciation in the domestic currency. B) It is the exchange rate settled today for a payment or delivery. C) It is an activity related to gain extra return benefiting from price differences. D) It is a spot foreign exchange transaction. E) It arranges the capital flows among countries.

Soru 14:

What is Linder Model good at?

A) Determining the comparative advantage B) Determining the colloborative advantage C) predicting the comparative advantage D) Predicting the pattern of advantage E) Predicting the patternof international trade

Soru 15:

Which of the following is not among the five basic reasons that why trade may take place between countries?

A) Differences in Technology B) Differences in Resource Endowments C) Differences in Currency Used in Trade D) Existence of Economies of Scale in Production E) Existence of Government Policies

Soru 16:

"__________ is a tariff rate charged as a percentage of the price. Under a system of these tariffs, for example, an individual importing a $ 20,000 Volkswagen would have to pay a higher duty than a person importing a $ 19,900 Opel." What completes the sentence above?

A) Revenue tariff B) Ad-Valorem tariff C) Specific tariff D) Compound tariff E) Protective tariff

Soru 17:

The maximum rate of duty (tariff) that can be imposed by the importing country on an imported commodity is called:

A) Bound rate. B) Tariff code. C) Optimal tariff. D) Restriction rate. E) Specific tariff.

Soru 18:

Which of the followings 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) High mobility. B) The interest parity condition. C) The portfolio preference theory. D) Interest rate parity approach. E) Real GDP.

Soru 19:

What is the group name for Valuation systems, anti-dumping practices, tariff classifications, documentation requirements, fees?

A) Specific limitations on Trade B) Customs and Administrative Entry Procedures C) Standards D) Government Participation in Trade E) Charges on Imports