1. Under which one of the following circumstances would it be wise for your customer to arrange a forward foreign exchange contract? ______.
$ ~# B: N6 \9 }1 u. E A. Import of goods priced in a foreign currency
?8 U( A# c% ~8 t/ S6 r B. Import of goods priced in RMB
C& A: [' f3 `: E5 R C. Export of goods priced in RMB( Q8 ]& K3 X0 F5 ~* b( f: N
D. Export of goods priced in a foreign currency where the rate of exchange has been agreed in the sales contract4 o: f: [# l; Y$ S7 \3 a
2. Incoterms address ______.
; e& i: f, d- u7 K/ q3 S) X A. the risks of loss between the parties
& T& F `/ B% S5 x4 v* R% @ B. breaches of contract; \3 o. K% F' p/ i1 s
C. ownership rights
0 j' m$ Y( y; r0 | D. type of ship used
. N+ T4 G1 I& ^2 y$ f- d 3. Which of the following is or was an example of representative full-bodied money? ______./ R, j$ a6 t3 X8 o& d$ U. h5 S5 ^
A. Debt money: v: X3 v1 S8 @2 e0 T; S" `
B. ATS account
: r% h8 m- j2 ^: v$ Q+ e8 k) L' N C. Gold certificate
4 u f, a u9 J3 E* a8 r D. Demand deposit
$ u; d; g! M' c! w' \ 4. Risks associated with investing in foreign countries are the following except ______.
! P5 r( K" q' q A. voting risk( Y8 W: \, P% W% X3 b4 {# J. ?, K
B. exchange rate risk
- ] t# U1 @0 z1 y, Z C. country risk7 e r5 ~- N+ E9 Y {' Y
D. political risk
- \7 t7 `0 l8 Z \$ s- G7 ~ 5. An exporter sells goods to a customer abroad on FOB and on CIF term. Who is responsible for the freight charges in each? ______.- S( x7 z' p/ R2 K1 W1 G: s2 c
A. Exporter; Exporter
1 g( h# P1 ~+ S7 b( f, r! t B. Exporter; Importer
5 E/ P( u. V$ l0 t/ n+ k5 w C. Importer; Importer- }. a" F- w! x6 \- P0 ~. r; P
D. Importer; Exporter8 `( y5 ^. c! e, b) @4 l c" z- x& ~
6. Default risk refers to the possibility that a borrower may ______.3 t/ j4 r2 Z+ V. K% d7 `1 _
A. be unable to repay the principal on his loan+ ^3 B5 T& q1 ~) \% H2 a- _% c4 @9 {
B. be unable to make the interest payments on his loan% I0 L% k7 H+ ^/ Z2 j
C. go bankrupt
( w6 h( a; i7 b7 H* X* W" p D. all of the above
1 {/ T1 g( h. \" q5 j7 W. E 7. What is the reserve requirement? ______.6 }; i: p5 g( d
A. The requirement of a bank to deposit a percentage of money
1 i' b! ]9 Z2 E, I5 P. V* s3 s& ? B. The requirement for deposits in cash- G& G$ ^8 ?' B8 v# |9 Y7 ?* f
C. The percentage of a bank's deposits in the form of cash reserves2 L: f8 |+ D/ C6 E4 F( B( Y
D. The requirement for cash reserves
% d( W& l" I3 W1 k+ X 8. A draft is like a check that can be endorsed but it isn't a title to goods, like ______.0 t" m- @: k& z$ F( o9 k3 r5 `$ N
A. a bill of lading
6 q2 `, V/ X A6 r4 Z9 q. G B. an inspection certificate
0 R" n. z% ^! e) S2 p0 }% B/ \" H8 V C. a certificate of origin. R% V* m2 z8 ^9 s9 v
D. an insurance certificate3 m# c$ A' k) Y F* e2 X9 S& {
9. Arbitrage ______.& @$ L7 D: B& {* y- D" ~- h
A. is a general economic term for buying something where it is cheap and selling it where it is dear
1 p2 l, ~& }! ]: T. F- a B. keeps exchange rates consistent across markets; M& ]+ }: }- U/ a, e
C. has been outlawed by the International Monetary Fund/ _5 U) v( X0 E$ e$ i$ F' M9 ^
D. cannot occur where there is a forward exchange market
8 J5 { V O/ E% }4 y+ D! x7 ?# { E. both A and B
0 ^, r3 Z, v5 \3 N 10. What is the purpose of comparing the ledger entries with the documents? ______.8 v. C( T% T" v i& e( Y) R
A. To prove that all the transactions have made for the right amounts
( C8 c' z5 [7 x6 b( Y B. To prove that all the accounts have been posted correctly; X, t( _4 l; D; K) v/ G
C. To check the number of all the debits and credits0 j- G- ]4 V M; d
D. To post the right accounts P# k. V; D G7 }& A# f; s s& [6 l
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
