Question
1. When we say containerized shipping in global trade is intermodal, we mean? a. the shipment is bound for ports that are located at either
1. When we say containerized shipping in global trade is intermodal, we mean?
a. the shipment is bound for ports that are located at either end of the U.S. land bridge.
b. the shipment may use a variety of rail, truck, and ocean transport.
c. the goods are consolidated into larger shipments of various products
d. any method of production may be used in the manufacturing process for foreign goods.
2. When it is said that there exists interest arbitrage opportunities, the term "covered" mean the arbitrage is?
a. punished by government actions against the arbitrageurs
b. hedged against exchange rate risk
c. inviting central bank interventions
d. manipulated by speculators
3. The world's largest currency market is located in the city of _____?
a. Tokyo
b. London
c. Shanghai
d. New York
4. The only U.S. government agency dedicated solely to financing and assisting U.S. exporters is known as the?
a. Export Import Bank of the U.S.
b. Bankers Association for Foreign Trade
c. F.D.I.C.
d. U.S. Agency for international development
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