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Business English Exercises
 

The Global Financial Environment (1)

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 144
Global Protocol Advertisement business test printable business worksheets The Global Financial Environment (2)

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the global financial environment answer 1
Timothy F. Geithner, CEO of the New York Reserve Bank, remarks (March 2006) that we are in the midst of another wave of global economic and financial integration.

Correct answer: (d) wave

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the global financial environment answer 2
Stronger real and financial linkages across nations have the potential to significantly raise the prospects for long-run world growth.

Correct answer: (d) linkages

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the global financial environment answer 3
The ensuing development of the market sector in emerging market and developing economies offers probably the most powerful means available for raising income growth and living standards in a very large share of the world's population.

Correct answer: (a) ensuing

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the global financial environment answer 4
These changes, and the complementary advances in technology, offer the prospect of more productive and stable real economies.

Correct answer: (a) complementary

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the global financial environment answer 5
The increase in the ties between national financial systems and the increase in capital flows across borders, allow risks to be shared more broadly and capital to flow to where the returns are highest.

Correct answer: (a) highest

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the global financial environment answer 6
This process of integration has, of course, a range of implications for policymakers.

Correct answer: (a) implications

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the global financial environment answer 7
The benefits of integration over time are powerful and compelling for all economies.

Correct answer: (c) compelling

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the global financial environment answer 8
Economic integration may make the principal job of central banks easier, by contributing to productivity growth and reducing inflation pressure, at least during the transition when a large share of the working age population of the world is being brought into the market.

Correct answer: (a) brought

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the global financial environment answer 9
Our understanding of how these changes affect our capacity to forecast economic activity and inflation and our ability to assess how monetary policy affects the economy almost certainly lags the changes underway.

Correct answer: (d) lags

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the global financial environment answer 10
As the world progresses toward increasingly integrated financial and goods markets, other things being equal, one might expect to see an increase in the number of countries with surpluses or deficits, as flows of both financial assets and goods work to equalize desired saving and investment around the world.

Correct answer: (a) equal

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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