21st Century Student FinLit -Getting Personal SW

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Are You Financially Literate? Chapter 6 Quiz

1. Which of the following is not a Schengen Area country? a. Russia c. Germany b. France d. Spain 2. An American working in Japan for a Japanese company would be paid in: a. American dollars c. Japanese yen b. Bitcoin d. Euros

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3. Theresa is a high school senior, applying to college. It is her dream to live and work in New Zealand. Which one of the following would be MOST helpful to accomplishing her dream? a. skipping college and moving to New Zealand immediately b. researching shortage occupations in New Zealand and choosing a major that would help her gain employment in one of those occupations c. writing a letter to the Ambassador of New Zealand, explaining her situation and asking for a work visa d. opening a bank account in New Zealand 4. T F Americans working in a foreign country do not pay American income taxes. 5. Which of the following is NOT an advantage American citizens have while working in an emerging market economy country? a. a less competitive labor market for high-skilled professions b. lower average cost of living c. opportunities to learn a new language d. payment in a more stable, valuable currency than the dollar 6. Jason was working on a business deal with a company in India. His Indian partners said they could deliver certain products within one month, but one month later they said it would take more time. Jason thought that he had been lied to. What does Jason fail to understand? _ ____________________________________________________________________ _ ____________________________________________________________________ 7. Haley is an American working for a French MNC in its Mexico City office. France is the ______ country and Mexico is the ______ country. a. host; home c. home; host b. domestic; foreign d. main; MNC PRODUCT PREVIEW

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Chapter 6 | The Global Employee 112

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