Question 1:

If there is an unrest inTurkey, and Turkish investors purchase U.S.securities, the

A.

supply of the Turkish currency will fall.

B.

demand for the Turkish currency will stay the same.

C.

demand for the Turkish currency will rise.

D.

supply of the Turkish currency will rise.

Question2:

All of the following are examples of institutions that promote real economic growth EXCEPT

A.

patent laws that protect innovation.

B.

strong law enforcement used to protect business interests.

C.

complex rules associated with business licensing used to promote careful business growth.

D.

an efficient judicial system used to enforce contracts.

Question 3:

Anation's balance of payments can be affected by

A.

thecountry's inflation rate relative to othernations' inflation rates.

B.

per capita GDP relative to othernations' per capita GDP.

C.

thecountry's population increases relative to othernations' populations.

D.

none of the above.