Balance of payment (BOP) data is important for the following reasons EXCEPT

Question 20 options:

	Helps to forecast a country's market potential
	Indicator of a country's foreign exchange rate.
	Gives the Federal Reserve information on money supply
	all of the choices provided.

According to the Impossible Trinity, if a country decides to make its currency freely floating, what sacrifice in terms of monetary/exchange rate policy will the country have to make?

Question 21 options:

	Give up monetary independence
	Give up the use of interest rates as a policy instrument
	Give up exchange rate stability
	Give up free capital mobility

What caused the share price of the Russian oil company Yukos to surge in 1997 to October 2003?

Question 27 options:

	The company made major improvement to its corporate governance structure
	The company found a major oil deposit under the Siberian tundra
	The company acquired the exclusive right to export oil to Europe
	The world market oil price started to surge in 1997, thus a catalyst for all oil companies