1. + R& S: H. Y/ b) u5 \3 s' p
A. Financial markets must support sound financial institutions. $ @$ [. \ F6 M6 p, k
B. Sound financial institutions are made by financial markets. ' ]$ H* m5 b; ~: k( N/ a5 Z
C. Financial markets should be backed by strong financial institutions.
' w! J- F2 j+ g4 ]6 `& o6 y, W D. Financial markets are sound because of financial institutions.
1 n3 O+ K( x$ q 2. 2 N9 s; j) Z0 M) K! i
A. US dollar is going higher vs. Japanese Yen.
# P% f+ R( R' w8 B: r3 [9 j: f6 a3 j B. US dollar is going higher vs. Pound Sterling. / N ?0 s: Y" z4 S* n
C. US dollar is going lower vs. Japanese Yen.
( ~! R2 ]4 i7 e! ?% i- z D. US dollar is going lower vs. Deutsche Mark.
1 q% a# a# D" i, X% h [ 3. # o! a/ n' S+ ?
A. Please remit us the bill amount through Barclay’s bank on due date.
; R* e0 g6 m! ^% o B. Please claim the bill amount on Barclay’s Bank on due date. ; \4 f* ^ a3 h i& U) }
C. Please pay the bill amount to Barclay’s Bank.
# [- C" t6 O+ q D. Please inform Barclay’s Bank to reimburse us on due date.
- v. z8 @! {6 r" f3 L4 d 4.
9 C2 ~1 K7 {- h2 J; J; [" \1 @ A. The People’s Bank of China may not provide loans for organizations or individuals. $ W; k$ e/ s+ \' V
B. The People’s Bank of China may not give financial support to enterprises.
" `$ _0 k% H& L" h7 X7 W C. The People’s Bank of China may act as a financial guarantor for 7 G/ ?- r' S8 |( {" ]! S
organizations or individuals.
- p/ J& K1 c+ |- C$ e D. The People’s Bank of China may not effect a financial guarantee for
* c- q: `2 @# S; ]* v2 Q1 T9 c- s individuals or organizations. : u0 R6 _" F! ]( h
5. + ?& Z N9 x9 [6 @& X# X
A. Policy is the only factor that affects stock prices. ) B- m T- m. }% V
B. Policy is one factor that affects stock prices. ) H5 C) \* y1 Q" A! _
C. Monetary policy is one of the factors that affect stock prices. 0 \, Q B% b* X0 t6 R6 n0 R) { M
D. Monetary policy is the only factor that affects stock prices. 8 |' d* D: k O1 b& j+ H5 b; G/ M& d
6.
0 n5 m4 j/ l7 W0 j4 f) t; O A. I wish to cash some cheques.
+ I$ W1 }- [' W, P4 c7 q B. I wish to cash some traveler’s cheques.
2 d5 _2 ]0 X, W- P2 {) H C. I wish to pay cash for my expenses here.
$ E1 Z* Z& Z- k+ r1 A4 F( _ D. I wish to pay for my traveller’s cheques here. ; i# Q. g$ t- S! n `9 g- E
7.
# b+ T. g& z' I7 {- u+ v A. The L/C will be confirmed by our bank. + |: ` `/ m7 @
B. Our bank’s agent will confirm the L/C.
9 {0 [% \4 A5 k% f) m' a) u6 L; g C. The credit will be opened by our bank’s agent.
2 G9 z$ l+ f/ ^$ E5 X D. Our branch in San Francisco will confirm the L/C. - N) B8 q$ G7 q5 w
8.
( S$ M+ p5 p# f" d! u4 V$ B A. U.S. dollar is dearer. ) m' I* S, ^, f
B. U.S. dollar is higher. * u4 U& a$ R7 k- J0 k3 F
C. Japanese yen is weaker.
. `8 K" J6 e F+ e8 k5 k1 D+ W- O D. Japanese yen is stronger. & ~$ x n6 M- K
9. $ `; D+ e" \5 F9 @: a2 c$ g& @' ~9 Z9 C
A. The draft is a sight one. ' v, s7 E7 Z# H
B. The draft is payable by Citibank. , {9 [1 E; i% H/ J
C. The bill is drawn on Citi Branch. # V' E' i3 J$ Q6 c3 h
D. The bill is not negotiable.
+ k- _* o" x2 i& _4 E- l2 ~* V* z 10. # ]4 M4 Z3 T, V1 T" Q# J( L- Y1 T
A. We paid you early as required. 0 v' Y! z9 I' F+ C; k
B. Your documents came to us as required.
, F& _' t* i3 f! W( M* N C. Your documents have been correctly presented as required. 3 i/ l4 w; L9 X8 Z0 h# N0 Y
D. You did not present the documents as required. d$ J8 M3 v! [& O0 p4 @: u
Section Two (10%) 0 W* c: g3 G4 b2 B, I; t! m2 h
Directions: In this section, you will hear 10 short conversations. At the end of each conversation a question will be asked about what was said. The conversations and questions will be spoken only once. During the pause, you must read the four suggested answers marked a, b, c, and d, and decide which is the best answer
9 V2 f0 L3 F3 v$ z! C; u p Now you will hear :
7 D1 ~) }# d2 V" \4 Y4 c. o) l M: Does our bank have a direct correspondent relationship with the Bradalys’ Bank?
2 C4 o- o' l9 ?" ?* v* V W:No, we don’t. So we have to advise this L/C via another bank.
+ l% G5 r" }+ @" {$ g Q: Which of the following is right?
- t, N7 O6 q7 U1 ?. B! i Now you will read:
8 v9 W! ~* F" b. i% Z A. We can advise this L/C to the Bradlays’ Bank.
C5 V6 ?3 X. ~% ] B. The Bradlays’ Bank is our correspondent.
8 {+ l! H& _+ s C. The L/C has to be advised by a third bank. 4 ]$ [4 g, \% h2 T
D. We should advise this L/C by ourselves.
9 p+ l* p$ n7 y+ t' Z, L From the conversation we know that we have to advise this L/C via another bank. The best answer is C. Therefore you should choose answer C. * L- U$ i9 R7 N( Q# t3 |3 R
11. % b6 M: F$ Q' A; ?
A. To apply for rolling over the loan for another period. 6 [; ]* U' v7 l" P& @
B. To default on repayment.
2 `6 `& j6 `+ C- A* w$ J0 Z C. To repay it immediately.
8 x' ~3 S3 S( i& B" O1 N" \9 i D. To apply for a new loan.
6 J/ g. L, [9 i+ [/ u! M5 X: j 12. ! C1 V/ j8 Y" |2 O% m1 E" w
A. 827.28
' |, m) n z$ U' i6 v B. 829.19
2 B: P# e" j; A/ d% k' B4 ] C. 826.71 1 j) R, j, \+ I
D. Not mentioned.
3 t( a4 l! j- u3 E 13. : ~" n* i& K- \, {
A. He sold a house.
5 p o9 f# `& D1 s6 z3 i B. He borrows some money from the man. " r& B/ E: t) l# \. _0 J( E
C. He borrowed some money from the bank.
$ s4 U! ^- Y5 z5 \$ B D. He visited a new house. # D N2 g# M: l( m! v
14.
" ]7 V4 Z( T5 ~% e" M A. She pays a visit to the bank. 4 \( ^3 M" E5 Z: p( |) Q
B. She deals with a transaction with her customer.
7 x- F& k% g N0 c7 t C. She wants to check Parks’ cash and transactions of the day.
1 d$ F" M3 L m7 o2 L D. She pays a visit to the Auditing Department. / r. C7 K r2 X3 U- O7 I
15. , h3 G1 {2 W0 \
A. About remitting money. , T0 ^- g. U; @4 y8 y
B. About getting a bill of exchange. % n" k9 ~' ~/ c! ~7 y
C. About discounting a bill of exchange. |