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MNB3701 ASS 5 2023 SEMESTER 2 EXPECTED QUESTIONS AND SOLUTIONS

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MNB3701 ASS 5 2023 SEMESTER EXPECTED QUESTIONS AND SOLUTIONS

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BMZ ACADEMY




BMZ ACADEMY

@061 262 1185/068 053 8213/0717 513 144




BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144

, BMZ ACADEMY

Which one of the following statements about the Bretton Wood system is correct?


a.
A system in which the value of most major currencies is maintained by fixing prices.

b.
A system in which the government allow demand and supply to determine exchange
rates.

c.
A system in which all currencies are pegged at a fixed rate to the Euro as a common
denominator.

d.
A system in which all currencies are pegged at a fixed rate to the US dollar as a
common denominator.


***********************************************************************
One of the main aims of the World Trade Organisation (WTO) is to _________.


a.
determines how nations should trade internationally.

b.
determines the exchange rates between nations.

c.
settle trade disputes between nations.

d.
make trade deals for nations.
************************************************************************
Instrumental view refers to stakeholder perspective which suggest_____________.


a.
that treating stakeholder well may reduce negative publicity for a firm.

b.
that treating stakeholders well may indirectly help the financial performance of a
firm.




BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144

, BMZ ACADEMY

c.
that firms should focus on activities that are beneficial to the firms and its stakeholders.

d.
that firms ought to be self-motivated to do the right thing because they have obligation
to society.


**************************************************************************************
The international monetary system that maintain a flexible exchange rate policy with no
common denominator is known as _________


a.
The gold standard

b.
The Bretton Woods system

c.
The European Financial system

d.
The post-Bretton Woods system


***************************************************************************************
Countries with lower environmental standards are commonly called ____________.


a.
Safe havens.

b.
Footloose plant.

c.
Pollution havens.

d.
Stakeholder friendly.


********************************************************************************




BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144

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