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1、国际金秋中美丈收Chapter2:PaymentsamongNationsSingle-ChoiceQuestions1.Acountrysbalanceofpaymentsrecords:一个国家的国际收支平衡记录了Ia.Thevalueofallexportsofgoodsandservicesfromthatcountryforaperiodoftime.b.Allflowsofvaluebetweenthatcountry,sresidentsandresidentsoftherestoftheworldduringaperiodoftime.在一定时间段里,一个国家居民的资产和其它世
2、界居民资产的流动c.Allflowsoffinancialassetsthatcrossthatcountrysbordersduringaperiodoftime.d.Allflowsofgoodsintothatcountryduringaperiodoftime.2.Acredititeminthebalanceofpaymentsis:在国际收支平衡里的贷项是一a.Anitemforwhichthecountrymustbepaid.一个国家必须收取的条款b.Anitemforwhichthecountrymustpay.c.Anyimporteditem.d.Anitemthatcr
3、eatesamonetaryclaimowedtoaforeigner.3.Everyinternationalexchangeofvalueisenteredintothebalance-of-paymentsaccountstime(s).每一次国际等价交换都记进国际收支帐户2次Ia.1b.2c,3d.44.Adebititeminthebalanceofpaymentsis:在国际收支平衡中的借项是Ba.Anitemforwhichthecountrymustbepaid.b.Anitemforwhichthecountrymustpay.一个国家必须支付的条款c.Anyexported
4、item.d.Anitemthatcreatesamonetaryclaimonaforeigner.5.Inanationsbalanceofpayments,whichoneofthefollowingitemsisalwaysrecordedasapositiveentry?在国际收支中,以下哪个工程总被视为有利条项a.Changesinforeigncurrencyreserves.b.Importsofgoodsandservices.c.Militaryforeignaidsuppliedtoalliednations.d.Purchasesbyforeigntravelersvi
5、sitingthecountry.国夕卜游客在本国发生的购置6.Thesumofallofthedebititemsinthebalanceofpayments:在U攵支平衡中,所有贷项的总和Ia.Equalstheoverallbalance.b.Equalsthesumofallcredititems.等于所有借项的总和c.Equalscompensating,transactions.d.Equalsthesumofcredititemsminuserrorsandomissions.7.Whichofthefollowingcapitaltransactionsareenteredas
6、debitsintheU.S.balanceofpayments?以下哪个资本交易在美国的收支平衡中当作借项?Ia.AU.S.residenttransfers$100fromhisaccountatCreditSuisseinBasel(Switzerland)tohisaccountataSanFranciscobranchofWellsFargoBank.b.AFrenchresidenttransfers$1(X)fromhisaccountatWellsFargoBankinSanFranciscotohisCreditSuisseaccountinBasel.一个法国居民在旧金山的
7、FargOBank用其帐户转帐100美金到位于巴塞尔的瑞士信贷户口c.AU.S.residentsellshisIBMstocktoaFrenchresident.d.AU.S.residentsellshisCreditSuissestocktoaFrenchresident.8.Anincreaseinanationsfinancialliabilitiestoforeignresidentsisa:一个国家对另一个国家金融负债的增加是一种,a.Reserveinflow.b.Reserveoutflow.c.CaPitalinfIoW.资本流入d.Capitaloutflow.9.are
8、money-likeassetsthatareheldbygovernmentsandthatarerecognizedbygovernmentsasfullyacceptableforpaymentsbetweenthem.官方国际储藏资产是一种类似于钱的资产,这种资产由政府掌握并作为政府间的一种支付手段得到充分认可.a.Officialinternationalreserveassets官方国际储藏资产b.Unofficialinternationalreserveassetsc.Officialdomesticreserveassetsd.Unofficialdomesticreserv
9、eassets10.Whichofthefollowingisconsideredacapitalinflowl以下哪项被视为资本流入I_a.AsaleofU.S.financialassetstoaforeignbuyer.美国金融资产卖给一外国买家b.AloanfromaU.S.banktoaforeignborrower.c.ApurchaseofforeignfinancialassetsbyaU.S.buyer.d.AU.S.citizensrepaymentofaloanfromaforeignbank.1l.Inacountry5sbalanceofpayments,whicho
10、fthefollowingtransactionsarede力万5?一个国家的收支平衡表中,哪个交易属于借项?a.Domesticbankbalancesownedbyforeignersaredecreased.外国人拥有的国内银行资产的下降b.Foreignbankbalancesownedbydomesticresidentsaredecreased,c.Assetsownedbydomesticresidentsaresoldtononresidents.d.Securitiesaresoldbydomesticresidentstononresidents.12.Theroleof.
11、istodirectonenation,ssavingsintoanothernation,sinvestments:资金流的作用是指导一个国家的储蓄进入到另一个国家的投资a.Merchandisetradeflowsb.Servicesflowsc.Currentaccountflowsd.Capitalflows资金流13.Thenetvalueofflowsofgoods,services,income,andunilateraltransfersiscalledthe:商品,效劳,收入和单方面转让等现金流的净收益叫经常账目(户)Ba.Capitalaccount.b.Currentac
12、count.经常账目(户)c.Tradebalance.d.Officialreservebalance.14.Thenetvalueofflowsoffinancialassetsandsimilarclaims(excludingofficialinternationalreserveassetflows)iscalledthe:金融资产和类似的资产(官方国际储藏资产流除外)的净值流叫a.Financialaccount.金融帐b.Currentaccount.c.Tradebalance.d.Officialreservebalance.15.Thefinancialaccountint
13、heU.S.balanceofpaymentsincludes:美国国家收支表中的金融帐包括:I.a.Everythinginthecurrentaccount.b.U.S.governmentpaymentstoothercountriesfortheuseofmilitarybases.美采用其它国家军事基地所需支付款项c.ProfitsthatNissanofAmericasendsbacktoJapan.d.NewU.S.investmentsinforeigncountries.16.AU.S.residentincreasingherholdingsofaforeignfinanc
14、ialassetcausesa:一个美国居民增持一外国金融资产会引起a.CreditintheU.S.currentaccount.b.DebitintheU.S.currentaccount.c.CreditintheU.S.capitalaccount.d.DebitintheU.S.capitalaccount.美国资本帐的借帐17.AforeignresidentincreasingherholdingsofaU.S.financialassetcausesa:一个美国居民增持本国一金融资产会引起a.CreditintheU.S.currentaccount.b.DebitintheU
15、.S.currentaccount.c.CreditintheU.S.capitalaccount.美国资本帐的贷帐d.DebitintheU.S.capitalaccount.18.Adeficitinthecurrentaccount:经常帐户中的赤字Sa.Tendstocauseasurplusinthefinancialaccount.会导致金融帐中的盈余b.Tendstocauseadeficitinthefinancialaccount.c.Hasnorelationshiptothefinancialaccount.d.Istheresultofincreasingexports
16、anddecreasingimports.19.InSeptember,2005,exportsofgoodsfromtheU.S.decreased$3.3billionto$73.4billion,andimportsofgoodsincreased$3.8billionto$144.5billion.Thisincreasedthedeficitin:2005年8月,美国商品出口降低了33亿美元,共734亿美元;商品进口上升到1145亿美元,上长了38亿.这样增加了哪个方面的赤字?Ca.Thebalanceofpayments.b.Thefinancialaccount.c.Thecur
17、rentaccount.经常帐户d.Unilateraltransfers.20.WhichofthefollowingwouldcontributetoaU.S.currentaccountsurplus?以下哪项有助于美国现金帐的盈余?a.TheUnitedStatesmakesaunilateraltariffreductiononimportedgoods.b.TheUnitedStatescutsbackonAmericanmilitarypersonnelstationedinJaPan.美国削减在日本的军事人员c.U.S.touriststravelinlargenumberst
18、oAsia.d.RussianvodkabecomesincreasinglypopularintheUnitedStates.21.Whichofthefollowingtransactionsisrecordedinthefinancialaccount?以下哪个交易会被当作金融帐_a.FordmotorcompanybuildsanewplantinChina福特摩托公司在中国设立车间b.AChinesebusinessmanimportsFordautomobilesfromtheUnitedStates.c.AU.S.touristspendsmoneyonatriptoChina.
19、d.TheNewYorkYankeesarepaid$10millionbytheChinesetoplayanexhibitiongameinBeijing,China.22.IfaBritishbusinessbuysU.S.governmentsecurities,howwillthisbeenteredinthebalanceofpayments?如果一英国商人购置了美国政府的债券,那么这个交易在收支平衡表中会被当作是?a.Itwillappearinthetradeaccountasanimport.b.Itwillappearinthetradeaccountasanexport.
20、c.ItwillappearinthefinancialaccountasanincreaseinU.S.assetsheldbyforeigners.会被当作是外国人所有的美国资产增长d.ItwillappearinthefinancialaccountasadecreaseinU.S.assetsheldbyforeigners.23.Inthebalanceofpayments,thestatisticaldiscrepancyorerrortermisusedto:在收支平衡表中,统计差异与错误工程会用来确保借帐总和跟贷帐总和一致a.Ensurethatthesumofalldebit
21、smatchesthesumofallcredits.b.Ensurethatimportsequalthevalueofexports.c.Obtainanaccurateaccountofabalance-of-paymentsdeficit.d.Obtainanaccurateaccountofabalance-of-paymentssurplus.24.Officialreserveassetsare:官方储藏资产是a.Thegoldholdingsinthenation,scentralbank.b.Moneylikeassetsthatareheldbygovernmentsand
22、thatarerecognizedbygovernmentsasfullyacceptableforpaymentsbetweenthem.官方国际储藏资产是一种类似于钱的资产,这种资产由政府掌握并作为政府间的一种支付手段得到充分认可c.GovernmentT-billsandT-bonds.d.GovernmentholdingsofSDR,s25.Whichofthefollowingconstitutesthelargestcomponentoftheworld,sinternationalreserveassets?以下哪项构成了世界国际储藏资产的大部份?Da.Gold.b.Speci
23、alDrawingRights.c.IMFReservePositions.d.ForeignCurrencies.外汇币)26.Thenetaccumulationofforeignassetsminusforeignliabilitiesis:海外净资产的积累减去外债等于,a.Netofficialreserves.b.Netdomesticinvestment.c.Netforeigninvestment.国外投资净值d.Netforeigndeficit.27.Acountryexperiencingacurrentaccountsurplus:一个国家经历经常帐户的盈余Ba.Need
24、stoborrowinternationally.b.Isabletolendinternationally.就有能力向外放贷c.Mustalsohavehadasurplusinitsoverallbalance.d.Spentmorethanitearnedonitsmerchandiseandservicetrade,internationalincomepaymentsandreceiptsandinternationaltransfers.28.The.measuresthesumofthecurrentaccountbalanceplustheprivatecapitalaccou
25、ntbalance.官方结算差额是指经常帐户余额的总和加上私人资本帐(B=CA+FA,FA:为非官方投资和储藏)a.Officialcapitalbalanceb.Unofficialcapitalbalancec.Officialsettlementsbalance官方结算差额d.Unofficialsettlementsbalance29.Iftheoverallbalanceisin.,thereisanaccumulationofofficialreserveassetsbythecountryoradecreaseinforeignofficialreserveholdingsoft
26、hecountrysassets.如果综合差额处于盈余,那么会出现本国官方储藏资产的积累或者国外官方储藏的减少(B=CA+FA,B+OR=0,OR:官方储藏金额)a.Surplus盈余b.Deficitc.Balanced.Foreignhands30.WhichofthefollowingisthecurrentaccountbalanceNOTequalto?以下哪项不等同于现金帐Da.Thedifferencebetweendomesticproductanddomesticexpenditure.b.Thedifferencebetweennationalsavinganddomest
27、icinvestment.c.Netforeigninvestment.d.Thedifferencebetweengovernmentsavingandgovernmentinvestment.政府储蓄与政府投资的差值True/FalseQuestions3!.Capitalinflowsaredebitsandcapitaloutflowsarecredits.资金流入是借项,资金外流是贷项32.Thenetvalueoftheflowofgoods,services,income,andgiftsisthecurrentaccountbalance.,商品,效劳,收入和单方面转让等现金流
28、的净收益叫经常账目余额33.Thenetflowoffinancialassetsandsimilarclaimsistheprivatecurrentaccountbalance.金融资产和类似的资产的净值叫经常帐目余额34.Themajorityofcountriesofficialreservesassetsarenowforeignexchangeassets,financialassetsdenominatedinaforeigncurrencythatisreadilyacceptableininternationaltransactions.大部份官方储藏资产作为以外汇资产和金融
29、资产为命名的外币在世界上交易与流通35.Acountrysfinancialaccountbalanceequalsthecountrysnetforeigninvestment.一个国家的金融帐差额相当于一个国家的净国外投资36.Acountryhasacurrentaccountdeficitifitissavingmorethanitisinvestingdomestically.一个国家如果在国内的储蓄比投资要大,那么会出现经常账目赤字37.Theofficialsettlementsbalancemeasuresthesumofthecapitalaccountbalanceplus
30、thepubliccurrentaccountbalance.官方结算差额是资金帐户余额的总额加上公共经常帐户余额38.Anationsinternationalinvestmentpositionshowsitsstockofinternationalassetsandliabilitiesatamomentintime.个国家的国际投资状况反映出它在特定时间里的国际资产股份以及债务情况.39.Anationisaborrowerifitscurrentaccountisindeficitduringatimeperiod.在一段时间内,如果一个国家的经常帐出现赤字,那么它就是借方.40.A
31、nationisadebtorifitsnetstockofforeignassetsispositive.如果一个国家的国外资产净储藏是正数,那么它是借方债务方)41.AtransactionleadingtoaforeignresidentincreasingherholdingsofaU.S.financialassetwillberecordedasadebitontheU.S.financialaccount.如果一项交易引起一外国居民增持美国金融资产的股份,那么这项交易在美国金融帐中会被当作借项42.Acredititemisanitemforwhichacountrymustpa
32、y.贷项是指个国家必须还款的条项43.Goldisamajorreserveassetthatiscurrentlyoftenusedinofficialreservetransactions.黄金作为主要的储藏资产,常被用在官方储藏交易当中.44.Thecurrentaccountbalanceisequaltothedifferencebetweendomesticproductandnationalexpenditure.*经常工程余额等于国民生产与国民支出的差额45.In2007U.S.households,businessesandgovernmentwerebuyingmorego
33、odsandservicesthantheywereproducing.,2007年,美国家庭,商业,政府购置的商品和效劳比他们生产(商品和效劳)的要多46。你是提供以下信息,一个国家的国际交易,在一个特定年份:CA余额:$346-354+480-348+153+142=$419;官方结算余额:$346-354+480-348+153+142+252-352+154=$473;Changeinofficialreserveassets(net)=官方结算余额=$473.increasingtheholdingofofficialreserveassets.Chapter3:TheForeign
34、ExchangeMarketSingle-ChoiceQuestions1.Foreignexchangeis:|外汇交易是a.Theactoftradingdifferentnationsmonies.不用国家货币的交易b.Theholdingsofforeigncurrency.对不同货币的持有c.Theactofimportingforeigngoodsandservices.d.Both(a)and(b)arecorrect.2.IfthepriceofBritishpoundsintermsofU.S.dollarsis$1.80perpound,thenthepriceofU.S.
35、dollarsintermsofBritishpoundsis:如果英磅对美元的汇率是1比1.8,那么美元对英磅的汇率是1比0.555a.1.80perdollar.b.0.555perdollar.c.0.90perdollar.d.3.60perdollar.3.SupposetheexchangeratebetweentheJapaneseyenandtheU.S.dollaris100yenperdollar.AJapanesestereowithapriceof60,000yenwillcost假设日元对美元的汇率是100比1,那么一台日元为60000的音响要花多少美元a.$1,66
36、7b.$600c.$6,OoOd.$1004.SupposethataKoreantelevisionsetthatcosts600woninKoreacosts$400intheUnitedStates.Thesepricessuggestthattheexchangeratebetweenthewonandthedollaris:|a.1.5wonperdollar呢题太简单,不屑翻译自己睇b.0.75wonperdollarc.$1.50perwond.$3perwon5.The.exchangerateisthepriceforimmediatecurrencyexchange.即时汇
37、率是指外汇的即时价格a.Currentb.Forwardc.Futured.Spot6.The.exchangerateisthepricesetnowforanexchangethatwilltakeplacesometimeinthefuture.远期汇率是指由协议双方预订的将来会发生的汇率a.Currentb.Forwardc.Futurespotd.Spot7.Theforeignexchangemarketis:,外汇市场是指a.Asinglegatheringplacewheretradersshoutbuyandsellordersateachother.b.LocatedinN
38、ewYork.c.Agrouping,byelectronicmeans,ofbanksandtraderswhoworkatbanksthatconductforeignexchangetrades.银行和交易者以电子方式集聚于一起进行外汇的买卖d.LocatedinLondon.8.Dforeignexchangetradinginvolvescurrencyexchangesdonebetweenindividualsandbanks.小额外汇交易(散户外汇交易)包含私人与银行间的外汇交易a.Interbankb.Consumerc.Intra-bankd.Retail9.TheU.S.
39、dollariscalleda.becauseitisoftenusedasanintermediarytoaccomplishtradingbetweentwoothercurrencies.美元被称为周转货币,因为经常被用来完成其它两种货币的交易a.Vehiclecurrency周转货币交易通货)b.Maincurrencyc.Commoncurrencyd.Primarycurrency10.SupposethattheexchangevalueoftheBritishpoundis$2perpoundwhiletheexchangevalueoftheSwissfrancis50cen
40、tsperfranc.FromthisWecanconcludethattheexchangeratebetweenthepoundandthefrancis:|计算题,到时出中文题自己计啦唔翻啦a.1francperpoundb.2francsperpoundc.3francsperpoundd.4francsperpound11.WhichofthefollowingisNOTafunctionoftheinterbankoperationsoftheforeignexchangemarket?以下哪一个不是外汇交易市场中银行间操作方式的一种?a.Providesabankwithacon
41、tinuousstreamofinformationonconditionsintheforeignexchangemarket.b.Providesabankthemeanstoreadjustitsownpositionquicklyandatlowcost.c.Permitsabanktotakeonapositioninaforeigncurrencyquickly,d.Providesabankwithtechnologicalresourcesforuseinforeignexchangetrading.提供技术资源给一间银行,用来进行外汇交易12.Underthemanagedf
42、loatsystemofexchangerates,afallinthemarketpriceofacurrencyiscalled:,在管理浮动汇率制度下,一种货币价格的下降被称为a.Devaluation.b.Depreciation.贬值c.Appreciation.d.Both(a)and(b).13.Interbanktradingisconducteddirectlybetween.orthroughtheuseofthatprovideanonymityuntilthetradeiscompleteandreducesearchcosts.银行间的交易是在交易者之间进行的或者通过
43、经纪人提供操作直到交易结束.a.Traders;brokersb.Brokers;tradersc.Individualconsumers;thegovernmentd.Individualconsumers;brokers14.Acountrysdemandforforeigncurrencyisderivedfrom:|一个国家对外汇的需求来自于(表示外国货币需求增加,本国货币流出)a.Internationaltransactionsenteringthedebitcolumnofitsbalanceofpaymentsaccounts.国际交易进入到其收款帐户的借方栏里b.Intern
44、ationaltransactionsenteringthesurpluscolumnofitsbalanceofpaymentsaccounts.c.Thecountrysdemandforcurrencytofinanceexportsandcapitalinflows.d.Thecountrysdemandforcurrencytofinanceitsgovernmentscompensatingtransactions.15.U.S.exportsofgoodsandserviceswillcreatea.foreigncurrencyandaU.S.dollars.美国商品与效劳的出
45、口会创造出外汇的供给以及美元的需求a.Demandfor;supplyofb.Supplyof;demandforc.Shortageof;demandford.Supplyof;shortageof16.U.S.importsofgoodsandserviceswillcreatea.foreigncurrencyandaU.S.dollars.美国商品与效劳的进口会创造出外汇的需求以及美元的供给a.Demandfor;supplyofb.Supplyof;demandforc.Shortageof;demandford.Supplyof;shortageof17.U.S.capitalin
46、flowswillcreatea.foreigncurrencyandaU.S.dollars.美国资本流入会创造出外汇的依给和美元的需求a.Demandfor;supplyofb.Supplyof;demandforc.Shortageof;demandford.Supplyof;shortageof18.Ina.exchangeratesystemthereisnointerventionbythegovernmentorcentralbankers.浮动汇率制度里,政府与中贝银行不得进行干预a.Fixedb.Peggedc.Floatingd.Managedfloat19.Astheva
47、lueoftheyenfallsrelativetotheU.S.dollar:,如果日元对美元的汇率下降了,那么对日元的需求会上升a.JapanesegoodsbecomemoreexpensivetoU.S.consumers.b.Thesupplyofdollarswillfall.c.Thedemandforyenwillrise.d.U.S.goodsbecomelessexpensivetoJapaneseconsumers.20.Thedemandcurveforforeigncurrencyslopesdownwardbecauseastheexchangerate.thequantitydemanded.外汇的需求曲线会下降是因为随着汇率的上升,需求量就下降a.Increases;decreasesb.Increases;increasesc.Decreases;decreasesd.Decreases;staysfixed21.ShiftsindemandawayfromFrenchproductsandtowardU.S.products(causedbyforcesotherthanchangesint