GBM 381 Week 4 Quiz

Question 1

GBM 381 Week 4 Quiz

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1. The World Trade Organization was established by the ___________________ of multilateral trade negotiations.
2. Kennedy Round
3. Tokyo Round
4. Uruguay Round
5. Doha Round
6. The Export-Import Bank of the US assists firms in selling overseas by providing direct loans to foreign purchasers of US goods. This serves as a(n) __________________ to US firms.
7. specific subsidy
8. import subsidy
9. domestic subsidy
10. export subsidy
11. Real investment in factories, capital goods, land, and inventories where the investor retains control over the use of the invested capital is referred to as:
12. Portfolio investment
13. Direct investment
14. Indirect investment
15. Corporate investment
16. SHORT ANSWER
    Describe why monetary policy under a fixed exchange rate system is ineffective.

Answer 1

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