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Week 2

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Week 2

Uploaded by

20bcomca217
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Week 2

Assignment
1. In which year was International Monetary Fund (IMF) established.
a. 1956
b. 1944
c. 1947
d. 1952
2. _________ is an international reserve asset created to supplement members’ existing
reserve assets.
a. International Monetary Fund
b. Speculations
c. Special Drawing Rights
d. Dirty Float
3. What does the balance-of-payments (BOP) record?
a. Record of all economic transactions between the residents of a country and the
resident of other countries over a specified time period usually a year.
b. Record of all non-economic transactions between the residents of a country and the
resident of other countries over a specified time period usually a year.
c. Record of all economic transactions between the non-residents of a country and the
resident of other countries over a specified time period usually a year.
d. Record of all non-economic transactions between the non-residents of a country and
the resident of other countries over a specified time period usually a year.
4. Unilateral transfers are included in which of the following account?
a. Capital account
b. Current account
c. Official reserves
d. Savings account
5. Which of the following is NOT an element of culture?
a. Norms
b. Language
c. Income
d. Values
6. Within a given culture, consumption processes can include which of the following stages?
a. Access, Buying behavior, Consumption characteristics, Disposal
b. Accommodation, Buying behavior, Consumption characteristics, Disposal
c. Access, Behavior, Consumption characteristics, Disposal
d. Access, Buying behavior, Cultural characteristics, Disposal
7. The process of managing interaction between the company and its customers is called
___________.
a. Customer relationship management
b. Client relationship management
c. Customer resource management
d. Customer relationship handling
8. Pricing policies are driven by:
a. Employees, Company, Competition, Collaborators
b. Customers, Company, Government, Collaborators
c. Customers, Company, Competition, Collaborators
d. Customers, Company, Competition, Family members
9. __________ refers to foreign government’s takeover of company goods, land or other
assets with compensation that tends to fall short of their market value.
a. Expropriation
b. Confiscation
c. Nationalization
d. Phase-out policy
10. ________ is an outright takeover of assets without compensation.
a. Expropriation
b. Confiscation
c. Nationalization
d. Phase-out policy

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