MS4 QUIZ REVIEW Give at least 1 product made by Google 

Planes, helicopters and spacecraft are major import of YouTube and Blogger
U.S *
Effect of international business wherein the local
companies improved their product features, model
TRUE and color. *

FALSE a. Introduces new opportunities to foreign markets

The world’s first largest economy by nominal GDP * b. Increases competition in domestic market

a. China c. Introduces a variety of goods and services to

consumers
b. South Korea
d. Globalization
c. U.S
Give at least 1 product made by Apple *
d. Japan
Apple iPad
Effect of international business wherein local
companies expand their business in foreign countries The movement of goods from country to another. *
and expect more sales, profits and new customers. *

a. Franchising
a. Introduces new opportunities to foreign
markets b. Licensing

b. Increases competition in domestic market c. Exporting

c. Introduces a variety of goods and services to d. None of the above.

consumers

One of the most successful international businesses

d. Globalization that manufactured the most popular soda. *

An online retail company that sells products such as

a. 7/11
books, e-books, electronics, Kindle e-book readers
and tablets and was founded by Jeff Bezos. *
b. Coca-Cola Company

a. Apple
c. IBM

b. Google
d. Nestle

c. Amazon
One of the most successful international businesses in
the world and founded by Steve Jobs. *
d. IBM

a. Amazon
IBM was one of the first companies involved in the
computing industry. *
b. IBM

TRUE
c. Google

FALSE
d. Apple

IBM was the first company to produce computers for

governments, and then educational facilities and large The economy of the United States is a highly
businesses. * developed mixed country. *

TRUE TRUE

FALSE FALSE
One of the most successful international businesses ideas, and technologies across the national
that provides numerous services to consumers and boundaries. *
the most often recognized as as search engine. *

a. Globalization
a. Apple
b. International Business
b. Yahoo
c. International Financial Market
c. Google
d. International Monetary System
d. MSN
The second largest economy by nominal GDP. *
Apple Company is a company that rarely follows
innovation of its competitors. *
a. China

TRUE b. Japan

FALSE c. U. S

Jollibee was originated in China. * d. Germany

TRUE

FALSE

____________is based on the value of an asset at the

moment of the quote. *

a. Suggested Retail Price

b. Spot Rate
Contractual agreements that allow foreign firms to
use products, services, and processes from the others c. Discounted Rate
nations. *

d. Forward Rate
a. Licensing

A _____________________ involves the payment and

b. Exporting
receipt of foreign exchange within two business days
after the transaction is agreed upon. *
c. Importing

d. Trading a. Spot Transaction

Effect of international business wherein the customers b. Forward Transaction

has a lot of option of what products he want to
buy. * c. Transaction

a. Introduces new opportunities to foreign markets d. Business Transaction

b. Increases competition in domestic market This market determines the foreign exchange market
rate *
c. Introduces a variety of goods and services to
consumers
a. Wet Market

d. Globalization
b. Dry Market

All commercial activities that take place to promote

the transfer of goods, services, resources, people, c. World Market
 d. Foreign Exchange Market d. Foreign Exchange Brokers

One of the participant in the Foreign Exchange They are working as a bridge between buyers and
Market that pools money to purchase securities, real sellers of the foreign currency. *
property and other investment assets or originate
loans. * a. Sales Agents

a. Central Banks b. Real Estate Brokers

b. Commercial Banks c. Foreign Exchange Brokers

c. Institutional Investors d. Investors

d. Companies/ Corporations The largest market in the world *

a. Wet Market

b. World Market
Another function of the _____________________ is to
provide credit both national and international to
c. Foreign Exchange Market
promote foreign trade. *
d. Dry Market
a.Transfer Function

This value is based on how much buyers are willing

b. Credit Function
to accept, which depends on factors such as current
market value. *
c. Foreign Exchange Market

d. Hedging Function a. Suggested Retail Price

b. Discounted Rate
Government agencies that regulate their national
currencies in order to maintain a healthy economic
c. Spot Rate
environment, balance exports and imports, prevent
inflation, and stimulate growth within economies. * d. Forward Rate

a. Foreign Exchange Market Commercial banks has the responsibility of keeping

the economy within their respective countries going. *
b. Central Banks

TRUE
c. Commercial Banks

FALSE
d. Investors

A third function of the foreign exchange market is to

They actively and constantly monitor exchange rates
hedge foreign exchange risks. *
offered by the major international banks through
computerized systems such as Reuters and are able
TRUE
to find quickly an opposite party for a client without
revealing the identity of either party until a FALSE
transaction has been agreed upon. *

A spot transaction involves the payment and receipt

a. Central Banks
of foreign exchange within two business days after
the day the transaction is agreed upon *
b. Commercial Banks

c. Institutional Investors TRUE

 FALSE and are able to find quickly an opposite party for a
client without revealing the identity of either party
One of the primary functions of a Central Bank is to until a transaction has been agreed upon *
facilitate lending within its state or region. *

TRUE FALSE
TRUE

The Parent Organization of IMF *

FALSE

a. International Monetary Fund Governors

A forward transaction involves the payment and
receipt of foreign exchange within two business days b. International Monetary System
after the day the transaction is agreed upon *
c. United Nations
TRUE
d. United States of America
FALSE
Governing body that sets rules and regulations by
A spot transaction involves an agreement today to which different nations exchange currencies with each
buy and sell a specified amount of a foreign currency other. *
at a specified future date at a rate agreed upon
today. * a. International Monetary Fund

TRUE b. International Monetary System

FALSE c. Foreign Exchange Market

d. Central Banks
In performing the transfer function, the foreign
exchange market carries out payments internationally
The IMF Created in _____________. *
by clearing debts in both directions simultaneously,
analogous to domestic clearings. *
d. December 27, 1954

TRUE
b. December 27, 1854

FALSE
c. December 27,1845

Brokers are normally taking over the position to D. December 27, 1945
support the economy of the country by carrying over
the foreign currency from one period to another, for The fund will provide short-term monetary help to its
meeting the future need of the country. * member countries during any type ofemergency. *

TRUE a. International Monetary Cooperation

FALSE b. To develop countries

The basic function of the market is to facilitate the c. Help During Emergency
conversion of one currency into another, *
d. Generating of Higher Employment and Income:

TRUE

FALSE

Institutional Investors actively and constantly monitor

exchange rates offered by the major international
banks through computerized systems such as Reuters
The foremost objective of the fund was to estblish
monetary co-operation amongst the various member
countries. *
a. Eliminate Exchange Control
b Growth of international Trade
c. International Monetary Cooperation
d. Promote exchange stability
IMF helps to expand the trade with the significant
measures of multilateral trade and balanced
economic growth. *
a. Generating Higher Employment and Income
b. Develop Confidence
c. Help during Emergency
d. Shorten the duration and lessen the degree.
To promote exchange stability and to avoid the bad
effects of depreciation on exchange rate. *
a. Balance Economic Growth
b. Growth of International Trade
c. Promote Exchange statbility
d. International Monetary Cooperation
To create confidence among member countries
confidence among member countries by coming up
to their rescue at the time of any crisis by providing
temporary monetary help. *
a. Balance Economic Growth
b. Growth of International Trade
c. To develop confidence
d. International Monetary Cooperation
Th IMF is governed by and accountable to the _______
countries that make up its near global membership. *
a. 198
b. 188
c. 289
d. 189
IMF provides assistance to import capital from the
rich countries to the poor countries so that the poor
or underdeveloped country get a chance to expand
their capital investment on productive activities or
social overheads which in turn helps to raise standard
of living and to achieve prosperity among member
countries. *
a. International Monetary Cooperation
b. Expansion of Capital Investment in Under-
develop Countries.
c. Balanced Economic Growth
d. Remove the disequilibrium in the balance of
payment
The IMF's lending toolkit is continuously refined to
meet countries' changing needs. *
TRUE
FALSE
The IMF is useful to promote international trade by
removing all obstacles and bottlenecks which has
created unnecessarily restrictions. *
TRUE
FALSE
3. The purpose of IMF are to promote international
monetary co-operation, facilitate international trade,
foster sustainable economic growth, make resources
available to members experiencing balance of
payments difficulties. *
TRUE
FALSE
1. The IMF's primary purpose is to ensure that the growth of smooth trade relations in the world
stability of the international system.  * trade. *

TRUE TRUE

FALSE FALSE

4. Floating exchange rate is a regime applied by a

government or central bank ties the country's
currency official or the price of gold. *

TRUE

FALSE

Major significance for third wave of globalization is

that developing countries succeeded for the first time
in harnessing labor abundance to provide them a
competitive advantage in labor-intensive
manufacturers. *

TRUE

FALSE

The IMF assists countries hits by crises by providing

financial support. *

TRUE

FALSE

Globalization is the process of greater

interdependence among countries and their citizens *

TRUE

FALSE

2. International System is a system that forms rules

and standards for facilitating international trade
among the nations. It helps in reallocating the capital
and investment from one nation to another. *

TRUE

FALSE

IMF aimed at establishing multilateral trade and

payment system in a place of old bilateral trade by
elimination of exchange restrictions which hampers