北语12春《金融英语》作业3

谋学网

一、单选题（共 20 道试题，共 100 分。）V 1.  A long position involves inflows ___ than outflows in a currency.
A. smaller
B. greater
C. fewer
D. less
      满分：5  分
2.  Hedging is the practice of offseting the price risk inherent in any cash market ___ by buying or selling futures contrasts.
A. position
B. post
C. place
D. point
      满分：5  分
3.  From the beginning of this year to October, the stock market has been in a ___ of continuous rising of price.
A. procedure
B. course
C. process
D. pass
      满分：5  分
4.  Most market participants prefer to ___ futures positions, rather than to make actual delivery.
A. offset
B. save
C. make up
D. match
      满分：5  分
5.  There are two different types of options: ___ and puts.
A. buying
B. selling
C. calling
D. calls
      满分：5  分
6.  There are many ways to ___ analyze the futures market.
A. skillfully
B. craftily
C. methodically
D. technically
      满分：5  分
7.  Investors are afraid that they can’t get back their investment in the stock market, so they may ___ their money to the bonds.
A. change
B. shift
C. turn
D. take
      满分：5  分
8.  Because of overbuying, the shares have heavily___.
A. appreciated
B. overvalued
C. increaced
D. depreciated
      满分：5  分
9.  The futures market is used primarily for either risk management or ___, and neither purpose requires delivery.
A. gamble
B. venture
C. speculation
D. adventure
      满分：5  分
10.  Parties who have bought a futures contract are said to have taken a ___ position.
A. big
B. short
C. full
D. long
      满分：5  分
11.  Other market participants purchase options as a way to ___ on asset price movements.
A. contemplate
B. gamble
C. conjecture
D. speculate
      满分：5  分
12.  Futures markets provide a current consensus of knowledgeable opinions about the future price of commodities or financial ___.
A. instruments
B. instructions
C. institutions
D. equipment
      满分：5  分
13.  I have got something to ___ you.
A. refer
B. consult to
C. ask for
D. consult with
      满分：5  分
14.  Options on futures are contracts that convey the buyer the ___.
A. power
B. right
C. obligation
D. responsibility
      满分：5  分
15.  In order to save the stock market from collapsing and to guarantee the financial repaying ability, the government will have to raise the ___.
A. exchange rate
B. profit
C. benefit
D. interest rate
      满分：5  分
16.  When you buy the corn on the cash market, you can ___ a futures contract of the same amount of corn on the futures market in anticipation of the corn price’s falling.
A. sell long
B. sell short
C. sell out
D. sell up
      满分：5  分
17.  I’m afraid you have got a lot more questions to ___ me again.
A. fight
B. wait
C. ask for
D. challenge
      满分：5  分
18.  I think it’s time I ___ in on the action.
A. will get
B. get
C. got
D. have got
      满分：5  分
19.  To be brief, a hedge is placed by taking a futures position opposite to the position held in the ___ market.
A. cash
B. share
C. stock
D. futures
      满分：5  分
20.  Overbuying will surely lead to the ___ of the market.
A. go down
B. collapse
C. reduction
D. falling
      满分：5  分