World Economy and International Responses Synergy 30 V

SYNERGY World economy and international economic relations Answers to tests.
30 questions score 83/100 points - Good

The country´s foreign trade turnover is ...
all export deliveries
all exports, excluding non-taxable goods
amount of exports and imports
all exports of the country, excluding humanitarian supplies and aid

The legally established ratio between the two currencies is ...
monetary parity
currency parity
exchange rate
gold parity

The prohibition of the import / export of certain goods, including weapons and scientific and technical information into any country, is called ...
quotas
licensing
embargo
dumping

The basis for the dominance of international corporations in the world market ...
constitute direct investment
makes up loan capital
is borrowed capital
constitute portfolio investments

The main principle of the World Trade Organization is ...
in providing loans to participants in foreign trade, export credit insurance
in the application of most favored nation treatment in trade, reciprocity of trade concessions
in ensuring an individual regime of foreign trade for each country, in the conduct of foreign trade on the basis of public law

Introduction of voluntary export restrictions-quotas ...
benefits the exporting country
turns out to be more profitable for the importing country than using the import quota
increases the welfare of the importing country
brings benefits to the importing country and the exporting country equally

The main factor contributing to the expansion of international trade is ...
an increase in the number of countries using dollars to settle transactions
transition to the use of a single European currency
strengthening international economic integration
introduction of the euro currency

Money used in international economic relations becomes ...
motto
credit instrument
accumulation
currency
If a country has introduced new customs duties on the import of imported cars, then this is an example of a policy ...
monetarism
liberalization
expansionism
protectionism

The real exchange rate is called ...
nominal exchange rate, recalculated taking into account the dynamics of prices in the home country and in the country of foreign currency
rate at which foreign trade participants exchange currency
central bank rate
projected exchange rate of the central bank

It is not true that the UN system includes ...
IMF
The International Labour Organization
The World Bank
International Chamber of Commerce

Subsidiaries are enterprises in which a direct non-resident investor owns ... capital
less than 3%
more than 50%
less than 10%
more than 25%

Systematized lists of goods subject to customs duties, indicating the value of their rates - this is ...
tariff methods of foreign trade regulation
customs tariff
customs duties
type of customs tariff

If a certain amount of foreign currency is expressed in the value of the corresponding amount of the national currency, then this ...
cross course
direct quotation
reverse quotation

Tariff methods of foreign trade regulation include ...
import or export quota
technical standards
government export credits
customs duty

The purpose of preferential tariffs is ...
response to certain actions of the partner
creation of favorable conditions for trade in any product or with any country
response to export subsidies in other countries
equalization of prices to a level that is considered normal

The main argument in defense of free trade is that ...
customs duties and other protectionist restrictions reduce incentives for the development of national production, since they weaken
competition
customs duties are an important source of state budget revenues
customs duties and other protectionist measures prevent the growth of unemployment in the country that applies them