Finance > TEST BANK > International Financial Management 13th edition by Jeff Madura Test Bank Chapter 02 (All)
International Financial Management 13th edition by Jeff Madura Test Bank Chapter 02 1. Recently, the U.S. experienced an annual balance of trade representing a ____. a. large surplus (exceeding $100... billion) b. small surplus c. level of zero d. deficit ANSWER: d POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: INFM.MADU.15.02.02 NATIONAL STANDARDS: United States - BUSPROG.INFM.MADU.15.03 STATE STANDARDS: United States - OH - DISC.INFM.MADU.15.02 KEYWORDS: Bloom's: Knowledge 2. A high home inflation rate relative to other countries would ____ the home country's current account balance, other things being equal. High growth in the home income level relative to other countries would ____ the home country's current account balance, other things being equal. a. increase; increase b. increase; decrease c. decrease; decrease d. decrease; increase ANSWER: [Show More]
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