TEST BANK FOR Multinational Business Finance 16th Edition David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett Chapter 1-18 Chapter 1
Multinational Financial Management: Opportunities and Challenges
1.1 The Global Financial Marketplace 1) Financial globalization has NOT resulted in: A) continuing imbalances of balance of payments. B) an increase in quantity and speed in the flow of capital across the world. C) capital markets less open and a decrease in the availability of capital for many organizations. D) uniform ways of ownership, control, and governance across the world. Answer: D Diff: 1 L.O.: 1.1 The Global Financial Marketplace Skill: Recognition AACSB: Application of knowledge 2) Financial globalization has NOT resulted in: A) continuing imbalances of balance of payments. B) an increase in quantity and speed in the flow of capital across the world. C) capital markets more open and an increase in the availability of capital for many organizations. D) an increase in the flow of capital into and out of industrialized markets. Answer: C Diff: 1 L.O.: 1.1 The Global Financial Marketplace Skill: Recognition AACSB: Application of knowledge 3) The institutions of global finance are: A) central banks. B) commercial banks. C) investment banks. D) All of the above are institutions of global finance. Answer: D Diff: 1 L.O.: 1.1 The Global Financial Marketplace Skill: Recognition AACSB: Application of knowledge 4) A major cost avoided in the eurocurrency markets is the payment of deposit insurance fees, such as: A) Federal Deposit Insurance Corporation — FDIC. B) Office of the Comptroller of the Currency — OCC. 1 Copyright © 2023 Pearson Education, Inc.