Which of the following best describes the way we account for trade in China（）
A. We include it as part of GDP
B. We use a single entry system similar to how we account for GDP
C. We use a double entry accounting system to measure the total value of our transactions with the world
D. We use a double entry system that compares domestic transactions to foreign transactions
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Which of the following is not Financial methods of project appraisal（）
A. Return on investment （ROI）
B. Payback period
C. Discounted payback
D. A qualitative evaluation of a proposal
When someone talks about “invisibles” with respect to globalization, they are referring to（）
A. individuals left behind in the development process
B. the flow of funds that takes place behind the scenes
C. the increase of trade in services
D. the influence of government policies that is often not measurable
A qualitative evaluation of a proposal undertaken can be（）
A. What is the purpose of the project
B. What cash flows will arise from the project
C. When profits will arise from the project
D. Has any allowance been made for risk
If a trader thinks that the value of yen with respect to the euro is about to fall, which of the following would enable him to make a profit（）
A. buy a forward contract for euros
B. buy a forward contract for yen
C. sell yen in the spot market
D. buy euros in the spot market
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