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purchasing

power parity theory

the

total balance theory

Which of the following factors are not external causes of

financial crises?

depreciation of the currencies of major partners

rapid

fall in interest rates in world markets

inflow of foreign investment and capital

increase in export prices

reduction in the activity of international banks in local markets

rapid increase in import prices

functioning of the single market

Conditions

that can prevent asymmetric shocks

which of the conditions is the most difficult to meet in

today's euro area

automatic transfer of fiscal resources

labour mobility

price flexibility

wage flexibility

Which of the economic integration processes in the EU do

you think is the strongest indicator of financial integration?

free movement of capital

❌✨

the use of

common financial funds

creation of the

European Monetary System

unification of the national financial systems

functioning of the European Economic and Monetary Union

response to external changes is the same as in ordinary profit case

Peculiarities of the studies of financial aspects of the

international economy - which answers do you agree with?

you

can use

economic analysis theory without significant changes

t is an area where it is dangerous to rely on

the usual intuition

national

monetary systems and

financial structures make complex the study

in the studies 2 known factors help: profit maximization and competition

profit

understanding is the same as in the international business

- which of the statements is incorrect

The European

System of Central Banks

the European Central Bank (ECB) and the national central banks of the

eurozone go into the system

the national central banks of the eurozone are integral and integrated part of the ESCB,

and operate in accordance with the guidelines and instructions issued by the

ECB

monetary policy operations are carried out by the ECB itself or the

national central banks in accordance with the instructions of the ECB

it is responsible for the common monetary and exchange rate policy

0%✨

The strengthening of the national currency and the appreciation of the

exchange rate is caused by:

trade balance deficit

tax increases

trade balance surplus

balance of payments deficit

Nowadays, the exchange rate is characterized by:

the ratio of national currencies determined by the gold content of the

currencies

the ratio of national currencies determined by the purchasing power of

currencies

the gold content of the monetary unit

the ratio of national currencies determined by a decision of the national

monetary authority

At the 1976 Jamaica Conference on the International

Monetary System, it was decided:

all answers are correct

❌✨

to give the US dollar the role of a

substitute for gold

all answers are incorrect

✅

determine that the

price of gold will be fixed and constant

determine the rates of national currencies on the basis of pure gold

content

Activities of the European Central Bank (ECB) - which

of the statements are incorrect

the ECB maintains and monitors official foreign reserves of the EMU Member

States

the ECB manages the foreign

currency exchange operations and provides a stable activity of the settlement

system

the ECB main task – to keep low inflation in the euro area

the ECB implements a common monetary and exchange policy

the ECB and the national central banks have the right to issue euro

banknotes

the ECB main task – to regulate the

amount of euro in circulation

✅