单项选择题

Globalization refers to the shift toward a more integrated and ___________ world economy.

A.interdependent
B.independent
C.nonrelated
D.dependent
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单项选择题
Market economy is an economic system in which the interaction of _____________ determines the quantity in which goods and services are produced.
A.supply
B.economy
C.goods
D.market
单项选择题
Inefficient market is one market in which prices _________ all available information.
A.represent
B.do
B.do
C.reflect
单项选择题
Balance-of-payments accounts are national accounts that track both_________ and ________ foreigners.
A.receipts
B.deficit
C.surplus
D.payments
单项选择题
Arbitrage is the purchase of securities in one market for immediate resale in another to profit from a _________.
A.price
B.time
C.time
D.price
单项选择题
Import quota a direct restriction on the_________ of a good that can be imported into a country.
A.balance
B.quantity
C.quality
D.demand
单项选择题
_________ is the rate at which one currency is converted into another.
A.Exchange
B.Inflation
C.Profit
D.Interest
单项选择题
Processes are the__________ in which decisions are made and work is performed within any organization.
A.mechanism
B.rule
C.manner
D.order
单项选择题
Hedging refers to the process of insuring one’s business against__________ by using forward exchanges or currency swaps.
A.speculation
B.deflation
C.inflation
D.foreign
单项选择题
Gold Par Value is the amount of currency needed to purchase one _________.
A.ounce
B.ounce
C.gram
D.gram
单项选择题
Efficient market is a market which has no_________ to the free flow of goods and services, such as trade barriers, and prices reflect all available public information.
A.access
B.impediments
C.difficulties
D.targets
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