18春北语《商贸英语》作业3（参考资料）

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(单选题) 1: In( ), the parent company delegates sufficient power to each subsidiary to manage the production and marketing in the host country.
A: multi-domestic corporation
B: the global corporation
C: the transnational corporation
D: world companies




(单选题) 2: Initially, GATT consisted of only ___ basic parts.
A: one
B: two
C: three
D: four




(单选题) 3: If there is no specific indication whether a credit is revocalbe or irrevocable, it should be regarded as .
A: revocable credit
B: irreocable credit
C: either A or B
D: both A and B




(单选题) 4: The new international economic order would give more consideration to the interests of .
A: the developed countries
B: the less-developed countries
C: the WTO
D: the United Nations




(单选题) 5: If a credit stipulated that its amount can be renewed or reinstated without specific amendment to the credit being made, it is then a ___credit.
A: revolving
B: non-draft
C: transferable
D: sight




(单选题) 6: The most powerful institution of the EU is___.
A: the Council of Ministers
B: the president
C: the House of Lords
D: the House of Commons




(单选题) 7: 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) 8: In international investment, the foreign country where the investor operates is called .
A: the home country
B: the host country
C: the investing country
D: the capital country




(单选题) 9: The terms of IDA credits are traditionally made only to .
A: developed countries
B: developing countries
C: government
D: non-governmental organizations




(单选题) 10: The highest form of economic integration is called____.
A: Triad
B: OPEC
C: APEC
D: the economic union




(单选题) 11: Membership in the is a prerequisite for membership in the International Finance Corporation.
A: International Bank for Reconstruction and Development
B: International Development Association
C: Multilateral Investment Guarantee Agency
D: International Monetary Fund




(单选题) 12: is usually used to move goods of low-value, and in large quantity.
A: Rail transportation
B: Pipeline transportation
C: Water transportation
D: Air transportation




(单选题) 13: The operation of the letter of credit starts with the ___.
A: exporter
B: importer
C: consumer
D: policymaker




(单选题) 14: 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) 15: If the importer finds any problem with the goods, he has to contact or take legal action against .
A: the issuing bank
B: the confirmation bank
C: the advising bank
D: the exporter




(判断题) 1: The banks are only concerned with the documents representing the goods instead of the underlying contracts.
A: 错误
B: 正确




(判断题) 2: The purpose of Incoterms is to provide a set of international rules for the interpretation of the most commonly used trade terms in foreign trade.
A: 错误
B: 正确




(判断题) 3: The Generalized System of Preferences (GSP) is meant to assist developing countries in their economic development efforts.
A: 错误
B: 正确




(判断题) 4: The International Development Association offers loan with significant risk of not being repaid.
A: 错误
B: 正确




(判断题) 5: The bundling trade greatly facilitates transaction and allows more efficient ecnomic exchage.
A: 错误
B: 正确




(判断题) 6: The International Monetary Fund was created in December 1945 to oversee the functioning of the international monetary system.
A: 错误
B: 正确




(判断题) 7: "Letter of credit" is often shortened as L/C or L.C. and is sometimes referred to as "banker＇s commercial letter of credit", "banker＇s credit", "commercial credit" or simply "credit".
A: 错误
B: 正确




(判断题) 8: The time of shipment can be later than that stipulated in the credit.
A: 错误
B: 正确




(判断题) 9: 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) 10: The World Bank and the World Trade Organization were created by the Bretton Woods Conference.
A: 错误
B: 正确

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