A. the direct trade of goods and services for other goods and services.
B. an asset used in purchasing goods and services.
C. the extension of credit to borrowers using funds raised from savers.
D. an equity claim to ownership.
E. a means of channeling funds from savers to borrowers with productive investment opportunities.

2. Finding both parties to a trade who have something the other party wishes to trade for is called a:

A. unit of account.
B. store of value.
C. medium of exchange.
D. double coincidence of wants.
E. diversification of interests.

1. What does the international banking system consist of?
(Points: 2)
A set of tightly enforced capital controls

A network of world economic institutions

A decentralized set of central and private banks

A union of government-run banks and monetary funds

2. What does greater capital mobility mean?
(Points: 2)
Foreign investment is tightly controlled.

Governments impose restricted trade policies.

Investment money flows freely around the world.

Companies can only profit by investing, not producing.

3. What does the giving of foreign aid involve?
(Points: 2)
A high-interest loan from the International Monetary Fund

The return of natural resources to colonies

A gift of money from one government to another government

A lasting interest in the receiving country’s investment climate

5. How does the IMF use its loans to attempt to control and fix theeconomies of countries that need its help?
(Points: 2)
By imposing conditionality

By promoting infrastructure growth

By funding sustainable development

By raising and lowering interest rates

6. What is the purpose of the loans made by the World Bank?
(Points: 2)
To promote sustainable development

To stabilize the currency exchange market

To generate revenue for the United Nations

To get countries to accept free-trade policies

7. The WTO does all of the following except what?
(Points: 2)
Settle trade disputes

Enforce banking regulations

Stabilize the global economy

Help negotiate trade agreements

9. How can a country respond to a trade embargo?
(Points: 2)
By pursuing a policy of globalization

By seeking other trading partners

By developing its infrastructure

By imposing a protective tariff
No I’m not in Human Geography… And thanks for the help!!

"The bank owns a 10 percent stake in the Chicago Climate Exchange, where the carbon credits will be traded. Moreover, Goldman owns a minority stake in Blue Source LLC, a Utah-based firm that sells carbon credits of the type that will be in great demand if the bill passes. Nobel Prize winner Al Gore, who is intimately involved with the planning of cap-and-trade, started up a company called Generation Investment Management with three former bigwigs from Goldman Sachs Asset Management, David Blood, Mark Ferguson and Peter Harris. Their business? Investing in carbon offsets. There’s also a 0 million Green Growth Fund set up by a Goldmanite to invest in green-tech … the list goes on and on. Goldman is ahead of the headlines again, just waiting for someone to make it rain in the right spot."

As a Canadian, am I aloud to keep buying and selling US Stocks?
If not, there are great double yield ETF day trading stocks here in Canada

If I have a Canadian Dollars account, is it aloud and do I pay for a US Exchange fee of some sort?
If I have a USD account, do I pay fees for deposits and withdrawals to the trading accounts?

Who do I trust with my money? ETFC (E-Trade) seems very hard to trust as their stock has gotten beaten down so badly as they were losing way before the economic collapse of October/Nov 2008. Should I trust them if the economy even crashes more?

TD Waterhouse? Are they good?

Right now I trade with Scotia, but I can only trade intermediate/longterm which I do not want to. I want to be able to buy at 2pm and sell at 3:55 type deal where I am not able to do that now.

Thank you all whom can help me out

2. As interest rate falls in recession, the bond prices are likely to___________.
a. Decrease
b. Increase
c. Be stable
d. Fluctuate

3. There is no guarantee that a bond issuer will make the promised payments is
known as the:
a. Default risk
b. Inflation risk
c. Interest rate risk
d. Systematic risk

4. The greater the inflation risk, the __________ will be the compensation for it.
a. Smaller
b. Larger
c. Zero
d. None of the given options

5. ___________ risk arises from the fact that investors don’t know the holding
period yield of a long term bond.
a. Default risk
b. Inflation risk
c. Interest rate risk
d. Systematic risk

6. The ___________ are an assessment of the creditworthiness of the corporate
issuer.
a. Bond yield
b. Bond ratings
c. Bond risk
d. Bond rate

7. The lower a bond’s rating, the __________ will be its price.
a. Higher
b. Lower
c. Equal to
d. No change

8. A plot of the term structure with YTM on Y-axis and time to maturity on X-axis
is called ___________.
a. Demand curve
b. Supply curve
c. Yield curve
d. Leffer curve

9. Yields on short term bonds are ___________ than the yield on long term bonds.
a. Less volatile
b. Higher
c. Lower
d. More volatile

10. The KSE 100 Index contains a representative sample of common stock that trade
on the ________________.
a. Lahore Stock Exchange
b. Karachi Stock Exchange
c. Islamabad Stock Exchange
d. New York Stock Exchange

11. The expectations theory of the term structure assumes:
a. Buyers of bonds prefer bonds with longer maturities.
b. Buyers of bonds consider bonds of different maturities to be perfect substitutes.
c. Buyers of bonds prefer bonds with shorter maturities.
d. Markets for different maturity bonds are completely separate.

12. Yield curves show:
a. The relationship between liquidity and bond interest rates (yields).
b. The relationship between risk and bond interest rates (yields).
c. The relationship between bond interest rates (yields) and bond prices.
d. The relationship between time to maturity and bond interest rates (yields).

13. Municipal bonds generally have lower interest rates than U.S. Government
bonds because:
a. They have less risk.
b. They are more liquid.
c. They never mature.
d. They are exempt from Federal taxes.

14. If the bond is selling above the face value than it is called:
a. Discount
b. Compound
c. Premium
d. None of the given options

15. Zero- Coupon bonds are sold at a price:
a. Equal t their face value
b. Below their face value
c. Above their face value
d. None of the given options

16. According to the ________ effect, an increase in the money supply lowers the
interest rate.
a. Price-level
b. Liquidity
c. Income
d. Expected-inflation

17. The real interest rate is:
a. The nominal rate plus the expected inflation rate
b. The nominal interest rate/the CPI
c. The product of the nominal rate and the CPI
d. The nominal rate minus the expected inflation rate

18. For a coupon bond, the current yield is calculated as:
a. Coupon Payment/Price
b. The current yield is the same as the coupon rate.
c. Coupon Payment/Face Value
d. Coupon Payment/((Price + Face Value)/2)

19. Which of the following is a use for commercial bank funds?
a. Loans
b. Securities
c. Reserves
d. All of the given options

20. Financial intermediaries:
a. Channel funds from savers to borrowers
b. Greatly enhance economic efficiency
c. Have been a source of many financial innovations
d. Have done all of the above

2. Suppose that the Philippine government budget deficit falls. What curves in th open-economy macroeconomic model shift? Show graphically what happens to the quantity of loanable funds, the real interest rate, net capital outflow, and the real exchange rate and explain why each curve shifts the direction it does. How do all these tend to affect the trade balance?
these are essay questions…

When I first started researching this book years ago, I visited some serious at-home traders who watched the markets at home with a satellite feed and called their orders in to a broker who then executed them at the CBOT…or whatever exchange.

Now the CBOT combines open outcry with a tandem electronic system. So would my trader still phone a broker to execute orders? Or would it be more efficient for her to execute those orders through her computer?

Anyone heard of foreign exchange or Forex? It allows you to play with margins of 1:1 up to 400:1, meaning for everyone dollar you put in there, they are willing to back that up with 400x of that amount. Nobody who trades with 400:1 really gets that far, because of the insane downside risk. However, trading with 50:1 have got me really far.

Over the past 5 months, I have made consistent gains of Approximately 8 percent a week as a position daytrader. I follow a guided strategy.

Based on this, if I invest 00 over 104 wks, I have:
2500 x 1.08^104
I will have ,481,877.

Unrealistic? Impossible? 5 months
Chinese sell-off. The only week that dented my account by 5 percent. That is as much of a DD as I allow. Whenever I lose 5 percent due to fundamentals. I wait out the fundamentals before I enter the market again. Only scenario where my strategy fail is breaking news and breakouts. I don’t have to trade breakouts but sometimes I do if I know how it’ll go.

I do plan to accept clients, but not through Y! Answers. I won’t be accepting clients til 2008, since I need 1 year to prove my strategy. Anyways, based on my analysis, I make good money in an uptrend, less money in a downtrend, and tons of money in a trading range.

http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6907681.ece?token=null&offset=36&page=4
[Goldman Sachs CEO Blankfein] is, he says, just a banker "doing God’s work"

http://www.nytimes.com/2009/11/06/nyregion/06flu.html?_r=1&scp=1&sq=officials%20defend&st=cse
New York City health officials have distributed small amounts of the swine flu vaccine to some major New York companies, including Wall Street banks like Goldman Sachs…, even as shortages continue. …Goldman received 200 [doses] …according to the New York City Department of Health and Mental Hygiene . . .Many hospitals and pediatrician’s offices are waiting to get their supplies.

Goldman Sachs Bribed Senate to Pass Bailout Bill (great 5 minute video)  *********
http://www.youtube.com/watch?v=Ek7zc0lJxbM

http://en.wikipedia.org/wiki/Goldman_Sachs
…acts as a financial advisor and money manager for corporations, governments
, and wealthy families around the world. …It is a primary dealer in the U.S. Treasury securities market
. . .. …Former Goldman Sachs employees Robert Rubin and Henry Paulson served as United States Secretary of the Treasury after leaving the firm; Rubin under President Clinton and Paulson under George W. Bush. ………..On December 4, 1928, it launched the Goldman Sachs Trading Corp. a closed-end fund with characteristics similar to that of a Ponzi scheme. .. The fund failed as a result of the Stock Market Crash of 1929 . . . . …in 1999 ..18% was held by retired Goldman partners and two longtime investors, Sumitomo Bank Ltd.and……It also advised on a debt offering for the Government of China and the first electronic offering for the World Bank . . . .. . ..The firm is also heavily involved in energy trading, including the oil speculation market, on both a principal and agent basis. .. .In May 2006, Henry Paulson left the firm to serve as U.S. Treasury Secretary. . . Former Goldman employees have headed the New York Stock Exchange, the World Bank, the U.S. Treasury Department, the White House staff, and firms such as Citigroup and Merrill Lynch. …Goldman also received billion of capital from the U.S. government in October 2008, under the Troubled Asset Relief Program . . . .. ….In March 2009 it was reported that in 2008, Goldman Sachs, alongside other major US and international financial institutions, had received billions of dollars during the unwind of credit default swap contracts purchased from AIG, including .9bn from funds provided by the US Federal Reserve to bail out AIG. . . .Goldman was among ten large financial institutions that the Treasury allowed to pay back their TARP emergency capital infusions, though this was after the firm benefited from the FDIC’S Temporary Liquidity Guarantee Program when it issued billion in debt to raise capital….As of 2006, Goldman Sachs employed 23,467 people worldwide. …It was reported that the average total compensation per employee in 2006 was US2,000. However, this number represents the arithmetic mean of total compensation and is highly skewed upwards as several hundred of the top earners command the majority of the Bonus Pools, leaving the median that most employees earn well below this number. ..The current Chief Executive Officer … Lloyd C. ..Blankfein earned a .9 million bonus in his first year. …In mergers and acquisitions, it gained fame historically by advising clients on how to avoid hostile takeovers, moves generally viewed as unfriendly to shareholders of targeted companies. Goldman Sachs, for a long time during the 1980s, was the only major investment bank with a strict policy against helping to initiate a hostile takeover, which increased Goldman’s reputation immensely among sitting management teams at the time. …Former Treasury Secretary Hank Paulson was a former CEO of Goldman Sachs. The current chief economic adviser to President Obama, Lawrence Summers, was noted for receiving .2 million from hedge fund D.E. Shaw
 
in 2008 and speaking fees (ranging from thousand to 5 thousand per event) from banks including Goldman Sachs, JPMorgan Chase, Citigroup, Lehman Brothers and Merrill Lynchat a time when he was expected to become the most influential financial official in the U.S. Government…..the selection of former Goldman Sachs lobbyist Mark Patterson as chief of staff to Treasury Secretary ….Goldman Sachs was the largest single recipient of this money [the AIG Bailout] (USD 12.9B), . . .The relationship with, and bailout of AIG wa