1. The interest parity condition A) can be used to explain how the exchange rate is determined. B) simply means that the expected returns on both dollar assets and foreign assets. C) both of the above. D) neither of the above.
2. Net worth A) is the difference between current assets and current liabilities. B) is the difference between assets and liabilities. C) is total assets divided by total liabilities. D) is total assets plus total liabilities. E) is failed Financial Institution
3. Quotas A) are restrictions placed on the quality of foreign goods that can be imported. B) fees placed on imported goods. C) are restrictions placed on the quantity of foreign goods that can be exported. D) none of the above.