国际金融课后习题答案

国际金融课后习题答案全集

True or False?

1. In March 2002, President Bush imposed a tariff of up to 30 percent on steel imported into the United States.

2. The United Nations is responsible for overseeing the system of rules about international trade.

3. The International Labor Organization is effective in enforcing its core labor standards in developing countries.

4. About a quarter of all children in the poorest countries in the world work in the labor force.

5. As of 2002, twelve countries in Europe use the euro as their currency.

6. Argentina’s hyperinflation in the late 1980s was due to the government’s practice of printing currency in order to pay for government spending.

7. Argentina solved the hyperinflation of the late 1980s with dollarization.

8. In late 2000, the World Trade Organization provided Argentina with a $14 billion loan.

9. A common currency among neighboring countries can stimulate trade and reduce costs associated with changing currencies.

10. When per capita incomes in a country reach approximately $5000, child labor in the country becomes almost nonexistent.