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Can anyone help me answer these questions please! It is for my class Economy of East Asia. Also provide like a short reason why you
Can anyone help me answer these questions please! It is for my class Economy of East Asia. Also provide like a short reason why you chose that answer, Thank you!
Part |: Multiple Choice (4 points each) 1. It is a fact that hedge funds (a) had large short positions against the Malaysian ringgit and Thai baht in the mid-1990s. (b) were heavily regulated in the U.5. at the time of the East Asian Crisis. (c) make most of their money by hedging all investments against potential fluctuations in asset prices. (d) are a relatively safe investment for big players because they operate with a low leverage ratio. (e) all of the above. 2. The value guarantee program (a) refers to Taiwan's practice of stahilizing stock prices through injections of government funds. (b) involves the indexation of deposit rates during periods of hyperinflation in China. (c) was Lee Kuan Yew''s method of enticing multinationals to invest in Singapore. (d) was administered by the CAAC. (e) none of the above. 3. Within a decade of its independence, Singapore had (a) temporarily joined with what is now Malaysia to form one country. (b) experimented with state-owned enterprises. (c) used import substitution. (d) had experienced violent clashes with the labor movement. (e) all of the above. 4. Suharto's New Order (a) encouraged inflows of FDI into Malaysia. (b) eliminated foreign exchange controls. (c) relates to the industrial policy ofMalaysia. (d) b and c. (e)a, b, andc. 5. The fallacy of composition (a) implies that positive feedback strategies are not damaging. (b) implies that it is imprudent to make all banks strictly adhere to minimum capital requirements. (c) means that the action of a big player can influence market outcomes. (d) relates to the motivation behind speculative currency trading. (e) none of the above. 6. Perkins shows that the biggest contributor to real GDP growth in mainland China, Taiwan, and South Korea was (a) total factor productivity. (b) physical capital. ic) labor. (d)aandc. (&) none of the above. Name 7. To cope with the aging of the population, "Abenomics\" policy initiatives include (a) strengthening the yen. (b) immigration refarm. (c) childcare subsidies. (d) b and c. (e)a, b, and c. 8. In Commanding Heights, Laura Tyson (former Chair of the Council of Economic Advisers) gave this reason for the Clinton Administration's reluctance to intervene during the 1997 financial crisis in Thailand (a) China should be the one to step in to help Thailand (b} Thailand is a small country (c) Thailand did not have many financial links with the rest of the world (d)bandc (e)a, b, and c. 9. IMF conditionality reguires that the receiving country (a) use capital controls. (b) lower the money supply. (c) increase interest rates. (d) b and c. (e)aand b. 10. Tunneling always involves (a) owners receiving a share of firm profit proportional to the share of equity held. {b) some owners receiving a larger share of firm profit than the share of equity held. (c) overlapping boards of directors. (d) a tight connection between government and industry. (&) none of the aboveStep by Step Solution
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