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46) What was the primary reason for the Asian Financial Crisis? a) Thai baht b) National Party Congress c) US dollar funding of local currency

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46) What was the primary reason for the Asian Financial Crisis? a) Thai baht b) National Party Congress c) US dollar funding of local currency assets d) Federal Reserve e) Governor Chris Patten of Hong Kong 47) If your foreign exchange contract with Credit Suisse is in the money, but there are concerns about Credit Suisse' ability to make good on that contract, what type of risk is this? a) Foreign exchange risk b) Interest rate risk c) Counterparty risk d) Inflation risk e) Liquidity risk 48) Under the Sarbanes Oxley Act, which of the following is required? a) Management assessment of financial statements b) Management assessment of financial controls c) An audit firm reviewing the above d) Both b and c e) All of the above 49) Which would be considered an agency problem? a) CEO use of a private jet at company b) Management not paying a dividend c) Management salaries d) Local manager in Bhutan more concerned with local employees than company bottom-line e) All of the above 50) Which type of exchange rate system does mainland China use? a) Fixed b) Freely floating c) Managed float d) Pegged e) Mixed

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