国际金融题库第14_tif.docVIP

International Economics, 10e Global Edition (Krugman/Obstfeld/Melitz) Chapter 14 Exchange Rates and the Foreign Exchange Market: An Asset Approach 14.1 Exchange Rates and International Transactions 1.  How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.25 dollars per one British pound? A)  62.5 dollars B)  50 dollars C)  60 dollars D)  70 dollars E)  40 British pounds Answer:  A Page Ref: 374-378 Difficulty: Easy  2.  How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.50 dollars per one British pound? A)  60 dollars B)  75 dollars C)  80 dollars D)  50 dollars E)  70 dollars Answer:  B Page Ref: 374-378 Difficulty: Easy  3.  How many dollars would it cost to buy an Edinburgh Woolen Mill sweater costing 50 British pounds if the exchange rate is 1.80 dollars per one British pound? A)  100 dollars B)  40 dollars C)  50 dollars D)  90 dollars E)  95 dollars Answer:  D Page Ref: 374-378 Difficulty: Easy  4.  The Japanese currency is called the A)  Euro. B)  Yen. C)  DM. D)  Pound. E)  Dollar. Answer:  B Page Ref: 374-378 Difficulty: Easy  5.  How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 1.50 dollars per British pound? A)  25 British pounds B)  10 British pounds C)  30 British pounds D)  35 British pounds E)  20 British pounds Answer:  C Page Ref: 374-378 Difficulty: Easy  6.  How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 1.80 dollars per British pound? A)  30 British pounds B)  20 British pounds C)  40 British pounds D)  10 British pounds E)  25 British pounds Answer:  E Page Ref: 374-378 Difficulty: Easy  7.  How many British pounds would it cost to buy a pa