文档介绍：国际金融
ch2
1. The international ary system went through several distinct stages of evolution. These stages are summarized, in alphabetic order, as follows
(i) Bimetallism
(ii) Bretton Woods system
(iii) Classical gold standard
(iv) Flexible exchange rate regime
(v) Interwar period
The chronological order that they actually occurred is: 
A. (iii), (i), (iv), (ii), and (v)
B. (i), (iii), (v), (ii), and (iv)
C. (vi), (i), (iii), (ii), and (v)
D. (v), (ii), (i), (iii), and (iv)
2. Gresham's Law states that 
A. Bad money drives good money out of circulation.
B. Good money drives bad money out of circulation
C. If a country bases its currency on both gold and silver, at an official exchange rate, it will be the more valuable of the two metals that circulate.
D. None of the above.
3. Suppose that the United States is on a bimetallic standard at $30 to one ounce of gold and $2 for one ounce of silver. If new silver mines open and flood the market with silver, 
A. Only the silver currency will circulate.
B. Only the gold currency will circulate.
C. No change will take place since citizens could exchange their gold currency for silver currency at any time.
D. None of the above
4. Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies were determined by either their gold or silver contents. Suppose that the dollar was pegged to gold at $30 per ounce, the French franc is pegged to gold at 90 francs per ounce and to silver at 9 francs per ounce of silver, and the German mark pegged to silver at 1 mark per ounce of silver. What would the exchange rate between the . dollar and German mark be under this system? 
A. 1 German mark = $2
B. 1 German mark = $
C. 1 German mark = $3
D. 1 German mark = $1
5. An "international" gold standard can be said to exist when 
A. gold alone is assured of unrestricted coinage
B. there is two-way convertibility between gold and national currencies