Test Bank International Macroeconomics 4th edition
by Robert C. Feenstra, Alan M. Taylor 2026. All
Chapters 1-10 Fully Covered With Questions And
Verified Solutions With Rationales And Case Study.
, TABLE OF CONTENT
Chapter 1 – The Global Macroeconomy
Chapter 2 – Introduction to Exchange Rates and the
Foreign Exchange Market
Chapter 3 – Exchange Rates I: The Monetary
Approach in the Long Run
Chapter 4 – Exchange Rates II: The Asset Approach
in the Short Run
Chapter 5 – National and International Accounts:
Income, Wealth, and the Balance of Payments
Chapter 6 – Balance of Payments I: The Gains from
Financial Globalization
Chapter 7 – Balance of Payments II: Output,
Exchange Rates, and Macroeconomic Policies in the
Short Run
Chapter 8 – Fixed versus Floating: International
Monetary Experience
, Chapter 9 – Exchange Rate Crises: How Pegs Work
and How They Break
Chapter 10 – The Euro
Chapter 1 – The Global Macroeconomy
Multiple Choice Questions (21+)
1. The global macroeconomy examines:
A) Individual firm strategies
B) National economies and their interactions in
trade and finance
C) Marketing trends
D) Local government budgets
Answer: B
Rationale: Global macroeconomics studies the
interrelationships between countries, including trade,
capital flows, and policy impacts.
2. GDP measures:
A) Total population
B) Total value of goods and services produced
, within a country
C) Total exports only
D) National debt
Answer: B
Rationale: GDP is the standard measure of economic
activity and output.
3. A current account deficit indicates:
A) Exports > imports
B) Imports > exports
C) Government surplus
D) No foreign investment
Answer: B
Rationale: A deficit occurs when a country imports
more goods, services, and income than it exports.
4. Which of the following is included in the financial
account?
A) Exports of goods
B) Foreign investment flows
C) Imports of services
D) Government spending
Answer: B
Rationale: The financial account records cross-border
investments such as portfolio and direct investment.
by Robert C. Feenstra, Alan M. Taylor 2026. All
Chapters 1-10 Fully Covered With Questions And
Verified Solutions With Rationales And Case Study.
, TABLE OF CONTENT
Chapter 1 – The Global Macroeconomy
Chapter 2 – Introduction to Exchange Rates and the
Foreign Exchange Market
Chapter 3 – Exchange Rates I: The Monetary
Approach in the Long Run
Chapter 4 – Exchange Rates II: The Asset Approach
in the Short Run
Chapter 5 – National and International Accounts:
Income, Wealth, and the Balance of Payments
Chapter 6 – Balance of Payments I: The Gains from
Financial Globalization
Chapter 7 – Balance of Payments II: Output,
Exchange Rates, and Macroeconomic Policies in the
Short Run
Chapter 8 – Fixed versus Floating: International
Monetary Experience
, Chapter 9 – Exchange Rate Crises: How Pegs Work
and How They Break
Chapter 10 – The Euro
Chapter 1 – The Global Macroeconomy
Multiple Choice Questions (21+)
1. The global macroeconomy examines:
A) Individual firm strategies
B) National economies and their interactions in
trade and finance
C) Marketing trends
D) Local government budgets
Answer: B
Rationale: Global macroeconomics studies the
interrelationships between countries, including trade,
capital flows, and policy impacts.
2. GDP measures:
A) Total population
B) Total value of goods and services produced
, within a country
C) Total exports only
D) National debt
Answer: B
Rationale: GDP is the standard measure of economic
activity and output.
3. A current account deficit indicates:
A) Exports > imports
B) Imports > exports
C) Government surplus
D) No foreign investment
Answer: B
Rationale: A deficit occurs when a country imports
more goods, services, and income than it exports.
4. Which of the following is included in the financial
account?
A) Exports of goods
B) Foreign investment flows
C) Imports of services
D) Government spending
Answer: B
Rationale: The financial account records cross-border
investments such as portfolio and direct investment.
