Can I get someone to answer all the questions
Test Your Knowledge Analyze the questions and select the best answer based on the reading of the chapter material Page 157 1. On August 15, 1971, President Richard Nioon completely ended the b. Maastricht Treaty c. Smoot-Hawley Tariff Act d. Bretton Woods Agreement c. Gold standard 6. The OTC Maricet has gradually evolved into the largest, fastest and most flexible currency trading maricet in the world. 9 True h. False 9. The reasons that global financial markets are important to borrowers. j. Expanding the supply of money and expanding lending opportunities k. Expanding lending opportunities and reduce the cost of money 1. Reduce the cost of money and expand the supply of money m. Reducing risk and expanding lending opportunities 14. It was established and launched in 1972 by the Chicago Mercantile Exchange for the purpose of developing future trade in financial products o World Bank p. International Monetary Market (IMM) 9. International Monetary Fund (IMF) 1. Federal Reserve Bank 19. Participation is voluntary, but before qualifying to adopt the Euro, a country must participate in the as one of the convergence criteria for entry t. Economic and Monetary Union (EMU) u. Eurocurrency market v. ERM II w. CRM 24. Who usually facilitate a connection between two anonymous parties that are willing to trade? y. Commercial Banks and Investments Banks z. Central Banks and Governments sa Corporations ab. Brokers 29. Called for the development of a European Union that utilized the existing offices of the European Community. supplemented by new intergovernmental offices on foreign and security policy, home affairs, and justice. ad. Maastricht Treaty ae. Smoot-Hawley Tariff Act af. Bretton Woods Agreement ag, Lisbon Treaty 34. The 1930 Fordney-McCumber Act raised U.S. tariffs to historically high levels. al. True aj. False158 37. The role of the is to supervise the exchange rate practices of member countries and to encourage the free convertibility of any national money into the monies of other countries. al. World Bank am. International Monetary Market (IMM) an. International Monetary Fund (IMF) ao Federal Reserve Bank 42. Primary guardians of national currencies and usually responsible for setting monetary policy and exchange rate policy. aq. Commercial Banks and Investments Banks ar. Central Banks and Governments as. Corporations at Brokers 47. The membership requirements for the European Monetary Union (EMU) are based on the convergence criterion: Price Stability, Sound Public Finance, Sustainable Public Finances, Durability of Convergence and Exchange Rate Stability. Page 1 ax. True aw. False
