江西财经大学国际财务管理重要章节考试选择题汇总及其答案

8.30 A higher nominal interest rate in one country indicates the fact that the country’s

currency was expected to ________.

a. b. c. d.

appreciate evaluate devalue depreciate

Real interest rate parity, p. 340

8.31 In the short run, equality of interest rates across country boundaries is ________.

a. b. c. d.

unlikely

a good description of reality

a good description of purchasing power parity a result of stable foreign currency markets

Assessment, p. 341

8.32 ________ techniques are typically based on formal economic models of exchange rate

determination.

a. b. c. d.

Technical analysis Fundamental analysis Exchange rate forecasting Mean absolute error

Fundamental exchange rate forecasting, p.342

8.33 What currency forecasting technique links exchange rates to macroeconomic variables

such as money supply and inflation?

a. b. c. d.

Technical analysis Fundamental analysis Exchange rate forecasting Mean absolute error

Fundamental exchange rate forecasting, p.342

8.34 A summary statistical measure frequently used when forecasting exchange rates is

known as the ________.

a. b. c. d.

standard deviation mean

mean absolute error mode

Two measures of accuracy, p.344

8.35 This statistic is calculated by taking the square root of the average squared forecast

errors.

a. b. c. d.

the mean absolute error the standard deviation the mode

the root mean squared error

Two measures of accuracy, p.344

8.36 If a country has a capital account ________, it is ________ net foreign assets.

a. b. c. d.

deficit, acquiring deficit, losing surplus, acquiring

surplus, in equilibrium as far as its

The capital account and real exchange rates, p.354

8.37 If a country has a capital account ________, it is ________ net foreign assets.

a. b. c. d.

surplus, acquiring deficit, losing surplus, losing

surplus, in equilibrium as far as its

The capital account and real exchange rates, p.354