题目内容

Which of the following is NOT an item to be considered in U.S. BOP calculations?

A foreign resident purchases a U.S. Treasury Bill.
B. A U.S.-based firm manages the development of an oil field in Kazakhstan.
C. A consumer buys a local bike from a Wal-Mart store.
D. A U.S. citizen living in Minnesota travels to Winnipeg, Canada and buys a case of LaBatt's Canadian beer.

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Which of the following is NOT a part of the Current Account of BOP?

A. net export/import of goods
B. net transfers
C. net portfolio investment
D. net export/import of services

A Special Drawing Right is a unit of account established by

A. The Federal Reserve Bank.
B. The World Bank
C. The International Monetary Fund
D. The European Central Bank.

Which of the following is an argument against dollarization?

A. The dollarized country's central bank can no longer act as a lender of last resort(最后的贷款方)
B. The dollarized country can no longer profit from seignorage (the ability to profit from the creation of money within its economy).
C. The dollarized country losses sovereignty over its own monetary policy(货币政策自主权)
D. All of the above.

Which of the following is an attribute of the "ideal" currency?

A. monetary independence
B. full financial integration
C. exchange rate stability
D. All are attributes of an ideal currency.

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