International Finance And Treasury - Study Mode

[#201] Berlin wall eliminate in
Correct Answer

(D) 1989

Explanation

Solution: Berlin wall eliminate in 1989. The Berlin Wall fell on 9 November 1989 In 1989, political changes in Eastern Europe and civil unrest in Germany put pressure on the East German government to loosen some of its regulations on travel to West Germany.

[#202] Formed in 1960 is
Correct Answer

(D) International Development Association

Explanation

Solution: International Development Association. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income.

[#203] Chief cause that market worth of organization might raise in reaction to privatization is expected
Correct Answer

(D) improvement in managerial efficiency

Explanation

Solution: Chief cause that market worth of organization might raise in reaction to privatization is expected improvement in managerial efficiency. Managerial efficiency is the proportion of total organization resources that contribute to productivity during the manufacturing process. The higher this proportion, the more efficient the manager.

[#204] Interest and dividend proceeds received by investors on foreign investment is
Correct Answer

(B) factor income

Explanation

Solution: Interest and dividend proceeds received by investors on foreign investment is factor income. Factor income is income received from the factors of production: the inputs used in the production of goods or services in order to make an economic profit. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.

[#205] US and Chile agree on agreement in 2003 which is
Correct Answer

(A) free trade agreement

Explanation

Solution: The United States-Chile Free Trade Agreement is a free trade agreement between the United States and Chile signed on June 6, 2003.