Question 1
Each of the following factors significantly affects the balance of trade EXCEPT ________.
◦ exchange rate
◦ market share
◦ prices of goods
◦ trade barriers
Question 2
Global Finance Meeting (Scenario)
International finance experts are meeting in Tokyo for a weeklong conference to discuss the current state of global finance. At the conference are representatives from a variety of monetary and financial organizations. Expert A often works with international firms arranging capital in the form of shares. Expert B works for the Bank of Nova Scotia in the British Virgin Islands (as offshore bank). Expert C advises international firms on corporate mergers.
Expert A most likely works for which of the following?
◦ Union Bank in Switzerland (private bank)
◦ Bank of America (commercial bank)
◦ Arab-Malaysian Merchant Bank (merchant bank)
◦ Goldman Sachs (investment bank)
Average Global Temperature Rise over the Past Century
A Global Bloom: Cities With Over One Million Residents
Global Economic Relationships
Global energy imbalance ~0.75 Wm-2
Average Global Temperatures
International Management: Managing Across Borders and Cultures