1. Under which one of the following circumstances would it be wise for your customer to arrange a forward foreign exchange contract? ______.
0 K& V* t3 ^% W1 G; H3 [ A. Import of goods priced in a foreign currency" ~) c8 i& z, u$ U Z
B. Import of goods priced in RMB5 H0 C9 V6 N* E! b/ @" N) [
C. Export of goods priced in RMB
; Y4 I( a$ b0 t6 |: K D. Export of goods priced in a foreign currency where the rate of exchange has been agreed in the sales contract7 X6 f4 z( F: i) c4 P& X7 s
2. Incoterms address ______.
0 b* P. P, w5 U A. the risks of loss between the parties1 k$ _) v1 `% P5 p n/ S# u* p
B. breaches of contract
5 k; G+ }9 D) R, [ C. ownership rights7 H( A7 Z$ _& K; ? g* q% v! u
D. type of ship used. \5 z* h+ v5 P# M4 t m- D
3. Which of the following is or was an example of representative full-bodied money? ______.
* s2 D7 _% j! E; t* W A. Debt money
( O! B- { ~1 I# C( a B. ATS account" i* g! l) @8 Q2 A6 J9 ^. M! P
C. Gold certificate
# a( d) J; C: d( S D. Demand deposit
9 S% ^: i) ^ L. | 4. Risks associated with investing in foreign countries are the following except ______.
7 _3 T) v3 J* X% h A. voting risk
# g3 g: G ^7 p+ N B. exchange rate risk
3 I% y7 ]; q2 B. p6 B/ a+ h' q C. country risk/ P$ O; T! C# p, J( S, G- ?) ]( \
D. political risk
Y2 T/ M" ~) |& G7 d, [1 N. \0 y 5. An exporter sells goods to a customer abroad on FOB and on CIF term. Who is responsible for the freight charges in each? ______./ K" H$ V( }5 J& {2 z
A. Exporter; Exporter9 l/ l+ D9 S+ T& z4 ^9 j
B. Exporter; Importer( S- F0 I% z3 b2 X! L$ g8 r! d
C. Importer; Importer
/ x3 E7 S! ]9 Z% H2 m D. Importer; Exporter
) ^ s7 o2 s2 F0 d4 G3 M s 6. Default risk refers to the possibility that a borrower may ______.: {$ ]) C/ n5 M$ _9 |' X, {
A. be unable to repay the principal on his loan
/ S6 d; n4 S* e& c8 |! X, ^& } B. be unable to make the interest payments on his loan7 G. O& m+ k8 K' a! f5 F
C. go bankrupt
2 g! v& N" t, V' B/ B4 i6 T D. all of the above
. k. T m- u# c; c" P" e- @+ } 7. What is the reserve requirement? ______.
- z' U) P) O h& [% Y2 z/ g A. The requirement of a bank to deposit a percentage of money
5 Y/ [( j3 u/ `" U+ s( `2 L0 a" n B. The requirement for deposits in cash9 L. e, d p4 G( C7 _5 k, i
C. The percentage of a bank's deposits in the form of cash reserves
( ?' e/ w3 o* l) ? D. The requirement for cash reserves( C6 U+ A- h p& d$ x* T' A
8. A draft is like a check that can be endorsed but it isn't a title to goods, like ______.
* ]( F- L# a" D: g' I7 ^9 o$ G A. a bill of lading- L8 u2 V8 n/ h, l- h
B. an inspection certificate
: H: ?) v3 u5 J0 l$ Z, { C. a certificate of origin, c0 S$ q/ P' o1 b, O# i: l
D. an insurance certificate7 N# V1 ~( G) o- E3 Z( D
9. Arbitrage ______.
$ y& k9 d5 p3 d3 X7 d8 ] A. is a general economic term for buying something where it is cheap and selling it where it is dear
/ V% S3 P1 N# |$ u2 |6 C( C B. keeps exchange rates consistent across markets
7 r. o' U0 g: q7 z5 ?7 b% v C. has been outlawed by the International Monetary Fund
, m0 H1 _3 I1 b- f- f D. cannot occur where there is a forward exchange market
% D" k+ U* f8 I7 U+ P1 x E. both A and B
b$ U% v# I: o2 e* K; K3 x 10. What is the purpose of comparing the ledger entries with the documents? ______.
" ~. G- p. Y5 a. T A. To prove that all the transactions have made for the right amounts2 U, t$ t$ I$ } B8 F- e
B. To prove that all the accounts have been posted correctly
( v0 [( H' j. i! i7 | C. To check the number of all the debits and credits8 M( G: A- S" \" C; p9 A' ]7 {2 D
D. To post the right accounts; Q m1 z* I6 I$ B( `' G
答案：1.A 2.A 3.C 4.A 5.D 6.D 7.A 8.A 9.E 10.B |
发表于 2012-8-16 08:05:44
