18春北语《商贸英语》作业2（参考资料）

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(单选题) 1: In the case of direct quote, the first figure after the fixed amount of foreign currency is .
A: the buying rate
B: the selling rate
C: the medial rate
D: the transaction rate




(单选题) 2: Which of the following is NOT true about an international turnkey project?
A: The firm undertakes all the designing, contracting and facility equipping.
B: Such projects are often large and complex.
C: Such projects often take a long period to complete.
D: The firm makes profit from operating the project for a period.




(单选题) 3: A ___is a tax levied on a commodity when it crosses the boundary of a customs area which usually coincides with the area of a country.
A: tariff
B: fine
C: charge
D: surcharge




(单选题) 4: The layer organisational structure of APEC is the meeting for Ministers Responsible for Trade.
A: first
B: second
C: third
D: fourth




(单选题) 5: Countries enjoying annual per capita income below $ 9386 and above $ 765 are classified as .
A: high-income economies
B: middle-income economies
C: low-income economies
D: top-income economies




(单选题) 6: The word "___" means "to take the place of another".
A: value
B: subrogate
C: contribute
D: contract




(单选题) 7: The bank which advises the exporter of its receipt of the credit after examining it is called .
A: the issuing bank
B: the establishing bank
C: opening bank
D: the advising bank




(单选题) 8: Which of the following is NOT true about the European Union?
A: It eliminated the cost of cross-border transactions.
B: It realized better economies of scale.
C: It made the European companies more efficient.
D: It realized political union in Europe.




(单选题) 9: ___holds that a person cannot be allowed to insure twice for the same risk, and claim compensation from both insurers.
A: Subrogation
B: Indemnity
C: Utmost good faith
D: Contribution




(单选题) 10: ___was established in 1960 to provide assistance for the same purposes as the IBRD, but primarily in the poorer developing countries and on terms that it would bear less heavily on their balance of payments than would IBRD loans.
A: The International Development Association
B: The International Finance Corporation (IFC)
C: The Multilateral Investment Guarantee Agency (MIGA)
D: The World Bank




(单选题) 11: Both IBRD and IMF are institutions under___ and both are headquartered at Washington DC.
A: the United Nations
B: the United States
C: the Great Britain
D: the World Bank




(单选题) 12: If an exporter sends goods abroad and only gets payment until the goods are sold, but retains title or ownership to the goods, it is .
A: cash in advance
B: partial cash in advance
C: open account trade
D: consignment transaction




(单选题) 13: In GATT, only the ___countries should be allowed to invoke escape clauses.
A: developed
B: developing
C: less-developed
D: highly-developed




(单选题) 14: If a person insures twice for the same risk and claims compensation from both insurers, it would be against the principle of .
A: Insurable interest
B: Utmost good faith
C: Contribution
D: Subrogation




(单选题) 15: By paying a premium into an insurance pool, the___earns the right to claim compensation from the pool should he suffer loss.
A: assurer
B: assured
C: loser
D: winner




(判断题) 1: The International Development Association offers loan with significant risk of not being repaid.
A: 错误
B: 正确




(判断题) 2: Multi-domestic corporation operates under an opposite principle from the first type and views the world market as an integrated whole．
A: 错误
B: 正确




(判断题) 3: The International Development Association provide assisstance primarily in the developed countries.
A: 错误
B: 正确




(判断题) 4: There are two types of business negotiations: formal and informal.
A: 错误
B: 正确




(判断题) 5: Written negotiations often begin with enquiries made by the buyer to get information about the goods.
A: 错误
B: 正确




(判断题) 6: Cargo insurance is an activity aimed at moving the burden of risk from the shoulders of the exporters and importers to the underwriters.
A: 错误
B: 正确




(判断题) 7: An on board bill of lading indicates that the shipment has been actually loaded on the carrying vessel bound for the port of destination.
A: 错误
B: 正确




(判断题) 8: If the MNC is the original investing corporation，it is known as the parent MNC.
A: 错误
B: 正确




(判断题) 9: Operating directly abroad enhances the invisibility of a firm＇s products, making local customers feel more assured about the things they buy.
A: 错误
B: 正确




(判断题) 10: The gold standard created a free exchange rate system as each country pegged the value of its currency to gold to establish its par value.
A: 错误
B: 正确

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