Question 1: Growingly MNEs depend on emerging markets for (5 pts.] O Cheap labor, raw materials O Outsourced manufacturing and larger market access O Sales and profits O All of the above Question 2: The motives of MNEs' internationalization [5 pts] O Market, raw material, expensive products, knowledge, product efficiency seekers O Market, cheap labor, political safety, knowledge, financial efficiency seekers O Market, raw material, political safety, knowledge, production efficiency seekers O Market, raw material, political safety, infrastructure, product efficiency seekers Question 3: The theory of comparative advantage was proposed by [5 pts] O Adam Smith O Will Smith O John Ricardo O David Ricardo Question 5: London Interbank Offered Rate (LIBOR) is not the core component of the global financial system (5 pts] O True O False Question 6: Examining the evolution of the global monetary system, they include [5 pts] O Classical gold standard, fixed exchange rates, pegged rates, floating exchange rates O Classical gold standard, fixed exchange rates, pegged rates, emerging era O Classical gold standard, fixed exchange rates, flexible rates, floating exchange rates O Classical gold standard, fixed exchange rates, floating exchange rates, emerging era HH N Ire Question 7: Two institutions they were formed after Bretton Woods Agreement were [5 pts] O International Monetary Fund and United Nation O World Bank and United Nation O International Monetary Fund and World Bank O International Monetary Fund and European Development Bank ho GO Question 8: In determining the exchange rate of the country's currency dominated by markets or by official action, there are four categories [5 pts] O Soft pegs, hard pegs, residual, floating arrangements O Hard pegs, soft pegs, rigid arrangements, floating arrangements O Soft pegs, hard pegs, residual, non-floating arrangements O Hard pegs, hard pegs, managed, floating arrangements Question 9: Euro, a single currency for its member countries is an example of a [5 pts] O Insured monetary system O Fixed currency regime O Independent monetary policy Question 9: Euro, a single currency for its member countries is an example of a [5 pts] O Insured monetary system O Fixed currency regime O Independent monetary policy O Rigidly fixed system I Question 10: The currency standard implemented by the developed nations with free market policy, such as the US, Japan, Sweden, Switzerland, Canada is? (5 pts] O Floating currency O Independent currency O Fixed currency O Independent floating currency Question 11: China has chosen to control and manage the value of its currency and to conduct an independent monetary policy. [5 pts] o True O False Question 12: Euro has allowed its members to enjoy [5 pts] O Cheaper transaction costs, higher exchange rate uncertainty, enjoy price transparency & increased price-based competition O Cheaper transaction costs reduce exchange rate uncertainty, enjoy price transparency & increased price-based competition O Cheaper transaction costs, reduce exchange rate uncertainty, enjoy price transparency & decreased price-based competition O Cheaper transaction costs, reduce exchange rate uncertainty, enjoy price transparency & decreased price-based competition Question 14: The components of current account include [5 pts] O Goods trade, service trade, expense, income O Goods trade, expense, service, current transfers O Goods trade, service trade, income, current transfers O Goods trade, income-expense, service trade, past transfer