EXAM QUESTIONS VISION B 1APRIL2 VISION A 3ANNA4

Apuntes

EXAM QUESTIONS VISION B (APRIL) VISION A (ANNA) QUESTIONS FIRST PART • Subtopic: Trade and European Integration 1. (THEME 2) The process of trade opening in Spain begins with the entry into the European Economic Community: a) Correct b) False 2. (TOPIC 2) The European Economic Community was created in 1957 with the main objective of creating a single European currency: a) Correct b) False 3. (TOPIC 1) During the Great Recession, policies such as the 2012 labor reform were implemented to promote internal devaluation: a) Correct b) False 4. (TOPIC 1) The term subprime mortgage refers to a mortgage granted to a debtor with low (must be high) default risk: a) Correct b) False 5. (TOPIC 2) The Treaty of Rome of 1957 created the European Union: a) Correct b) False 6. (TOPIC 3) Remittances are counted as secondary income in the balance of payments: a) Correct b) False • Subtopic: Balance of Payments and European Central Bank 7. (HER 3) If the Spanish current account balance is positive, it means that currency is leaving Spain: a) Correct b) False 8. (TO...