国际金融英文chapter 1--03版(6)

作业

1.3 What is Different about Global Financial Management?

1) Which of these factors may differ for management of a domestic firm vs an international firm?

A) culture

B) corporate governance

C) political risk

D) All of the above may differ.

Answer: D

Diff: 1

Topic: 1.3 Global Financial Management

Skill: Recognition

2) Which of these issues must be addressed by domestic financial managers but may be ignored by international financial managers?

A) capital budgeting decisions

B) capital structure decisions

C) working capital management decisions

D) All of the above must also be addressed by international financial managers.

Answer: D

Diff: 1

Topic: 1.3 Global Financial Management

Skill: Recognition

1.4 Market Imperfections: A Rationale for the Existence of the Multinational Firm

1) MNEs look to exploit ________ in national markets for products, factors of production, and/or financial assets.

A) imperfections

B) perfect capital markets

C) corrupt governments

D) none of the above

Answer: A

Diff: 1

Topic: 1.4 Market Imperfections

Skill: Recognition

2) Large international firms may be better able to exploit such competitive factors as ________ than are their domestic competitors.

A) economies of scale

B) technological expertise

C) product differentiation

D) all of the above

Answer: D

Diff: 1

Topic: 1.4 Market Imperfections

Skill: Recognition

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