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
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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
单项选择题
Economies of scale refer to cost advantages associated with________ production.
A.large-scale
B.mid-scale
C.long-term
D.small-scale
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