A.receiptsB.deficitC.surplusD.paymentsBalance-of-paymen……

单项选择题Arbitrage is the purchase of securities in one market for immediate resale in another to profit from a _________.

单项选择题Import quota a direct restriction on the_________ of a good that can be imported into a country.

单项选择题_________ is the rate at which one currency is converted into another.

单项选择题Processes are the__________ in which decisions are made and work is performed within any organization.

单项选择题Hedging refers to the process of insuring one’s business against__________ by using forward exchanges or currency swaps.

单项选择题Gold Par Value is the amount of currency needed to purchase one _________.

单项选择题Efficient market is a market which has no_________ to the free flow of goods and services, such as trade barriers, and prices reflect all available public information.

单项选择题Economies of scale refer to cost advantages associated with________ production.

单项选择题Greenfield investment is to establish a_______ in a foreign country.

单项选择题Ad valorem tariff refers to a tariff levied as a_________ of the value of an imported good.

单项选择题Current account records transactions involving the export or import of _________.

单项选择题Mercantilism is an economic philosophy advocating that countries should simultaneously __________ exports and _________ imports.

单项选择题The globalization of production refers to the sourcing of goods and services from locations around the globe to take advantage of _____________in the cost and quality of factors of production.

单项选择题Zero-sum game is a situation in which an economic _____________ by one country results in an economic _____________ by another.

单项选择题Specific tariff refers to a tariff levied as a_________ charge for each unit of good imported.