In London, a premium on a foreign exchange rate means ______.
A.the foreign currency is dearer
B.the foreign currency is cheaper
C.the foreign currency is less valuable
D.it has no relevance at all
第1题:
A、No, you can’t. Bank of China is not responsible for exchanging foreign currency.
B、Yes, you can. Bank of China is an authorized foreign exchange bank.
C、No, you can’t. Bank of China is not open on Sundays.
第2题:
The term foreign exchange is best defined by the following statement: it is ______.
A.the rate of exchange between two currencies
B.synonymous with currency exchange
C.the place in which foreign currencies are exchanged
D.an instrument such as paper currency, note, and check used to make payments between countries
第3题:
听力原文:Banks make money in the foreign exchange dealings not on profit margin but on volume.
(8)
A.Banks make money in foreign exchange business because of profit margin.
B.Banks make money from the price spread in the foreign exchange market.
C.Banks make money in foreign exchange business on profit as well as on volume.
D.Banks make money in foreign exchange business because of the great volume.
第4题:
A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.
A.there is no self-correcting mechanism
B.currency values become unstable
C.the value of the reserve currency declines
D.world inflation increases
第5题:
根据文章内容进行判断,正确写“T”错误写“F”。
Beads, stones, seashells, paper, precious metals such as gold and silver, base metals such as iron have all been used as money. Today, money is printed on paper. A lot of countries use their own currency, with names such as dollar, pound, franc, ruble, Yuan and so on. Since 2002, 18 of the EU members have replaced their national currencies by Euro notes and coins.
If you want to pay for something in another currency, you have to change your money into the other money. If you want to travel outside your native country,you need to change your own country's money for the money of the country you are visiting. Most large banks sell foreign currencies. You can exchange money at a bank or at an office of a tourist agency.
Wherever you go, exchanging money puts you in touch with international finance, which is concerned with exchange rates between different currencies. Deciding the rate for the international exchange of money is one of the most complex aspects of international banking.
()26. This best title for this passage is “The history of money”
()27. Euro is available in all EU member countries.
()28. Foreign exchange rates have significant impact on the economy of a country.
()29. Currency means money in the form. of paper.
()30. Banks are a good option to get your money exchanged.
参考答案:26-30:F F T F T
第6题:
听力原文:Typical foreign exchange transactions involve trades of one currency for another in the spot or cash market, or forward transactions.
(3)
A.Forward transactions is not of typical foreign exchange transactions.
B.Typical foreign exchange transactions occur in the spot or cash market.
C.Forward transactions don't occur in the spot or cash market.
D.Typical foreign exchange transactions occur only in the spot market.
第7题:
听力原文:The foreign exchange market operates much like other financial markets, but isn't located in a specific place like a stock exchange.
(9)
A.The foreign exchange market operates like other financial markets in every respect.
B.The foreign exchange market has a specific place like a stock exchange.
C.There's no physical market place such as stock exchanges for the foreign exchange transactions.
D.The foreign exchange market operates quite differently since the former has no physical market place.
第8题:
When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its ______.
A.imports automatically increase
B.currency automatically depreciates
C.exports automatically decline
D.currency automatically appreciates
第9题:
第10题:
第11题:
Beads, stones, seashells, paper, precious metals such as gold and silver, base metals such as iron have all been used as money. Today, money is printed on paper. A lot of countries use their own currency, with n ames such as dollar, pound, franc, ruble, yuan and so on. Since 2002, 18 of the EU members have replaced their national currencies by Euro notes and coins. If you want to pay for something in another currency, you have to change your money into the other money. If you want to travel outside your native country, you need to change your own country's money for the money of the country you are visiting. Most large banks sell foreign currencies. You can exchange money at a bank or at an office of a tourist agency Wherever you go, exchanging money puts you in touch with international finance, which is concerned with exchange rates between different currencies. Deciding the rate for the international exchange of money is one of the most complex aspects of international banking. Foreign exchange rates have significant impact on the economy of a country.
第12题:
Emerging markets had no confidence in their economic growth.
Foreign capital continued to flow into emerging markets at a slower rate.
International investors profited a lot from emerging markets.
There was a sudden outflow of foreign capital from emerging markets.
第13题:
听力原文:The bank's foreign exchange department has to keep constant track of the positions in the various currencies.
(7)
A.The bank's foreign exchange department has to record the positions in the various currencies.
B.The hank's foreign exchange department has to record the positions in the various currencies.
C.The bank's foreign branches department has to record the various foreign currency liabilities.
D.The bank's foreign branches department has to record the positions in the various currencies.
第14题:
听力原文:In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date.
(7)
A.A forward transaction is done on a future date.
B.A forward purchase is to buy foreign currency in future.
C.A forward purchase is to buy a foreign currency with settlement on a future date.
D.A forward transaction is to buy a foreign currency on future date.
第15题:
听力原文:A currency swap is a second technique for hedging long-term transaction exposure to exchange rate fluctuations.
(10)
A.A currency swap is a better way to convert the long-term transaction into a spot transaction.
B.A currency swap makes long-term transaction exposure to exchange rate fluctuations.
C.A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations.
D.A currency swap can in no way reduce the risk of exchange rate fluctuations.
第16题:
From the point of view of a Chinese bank, ______ is our bank's account in the books of an overseas bank, denominated in foreign currency.
A.a vostro account
B.a nostro account
C.a mirror account
D.a record account
第17题:
In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.
Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.
(46)
A.alter
B.vary
C.turn
D.convert
第18题:
Which of the following payment terms eliminates the exchange risk, assuming the exporter invoices in foreign currency? ______.
A.Confirmed irrevocable documentary credit
B.Open account
C.Documentary collection D/A
D.None of the above
第19题:
The price in the foreign exchange market is called ______.
A.the trade surplus
B.the exchange rate
C.the money price
D.the currency rate
第20题:
Foreign exchange is convertible currency but foreign to the holder.
A.Right
B.Wrong
C.Doesn't say
第21题:
第22题:
Beads, stones, seashells, paper, precious metals such as gold and silver, base metals such as iron have all been used as money. Today, money is printed on paper. A lot of countries use their own currency, with n ames such as dollar, pound, franc, ruble, yuan and so on. Since 2002, 18 of the EU members have replaced their national currencies by Euro notes and coins. If you want to pay for something in another currency, you have to change your money into the other money. If you want to travel outside your native country, you need to change your own country's money for the money of the country you are visiting. Most large banks sell foreign currencies. You can exchange money at a bank or at an office of a tourist agency Wherever you go, exchanging money puts you in touch with international finance, which is concerned with exchange rates between different currencies. Deciding the rate for the international exchange of money is one of the most complex aspects of international banking. Currency means money in the form of paper.
A对
B错
第23题:
Beads, stones, seashells, paper, precious metals such as gold and silver, base metals such as iron have all been used as money. Today, money is printed on paper. A lot of countries use their own currency, with n ames such as dollar, pound, franc, ruble, yuan and so on. Since 2002, 18 of the EU members have replaced their national currencies by Euro notes and coins. If you want to pay for something in another currency, you have to change your money into the other money. If you want to travel outside your native country, you need to change your own country's money for the money of the country you are visiting. Most large banks sell foreign currencies. You can exchange money at a bank or at an office of a tourist agency Wherever you go, exchanging money puts you in touch with international finance, which is concerned with exchange rates between different currencies. Deciding the rate for the international exchange of money is one of the most complex aspects of international banking. Currency means money in the form of paper.