3考试批次《金融英语》(大作业)

I. Multiple choices:

(Directions:choose an answer that best completes each of the following sentences. 4

points ×5)

1. Let’s ( ) of ＄ 150,000. A. bid B. put in a bid C. put a bid D. put bid 2. With a ( ) deposit, you would be able to withdraw money whenever you need. A. demand B. time C. fixed D. irregular

3. Some automated clearing houses will be established in the cities of the future to handle electronic ( ). A. transfers B. transform C. change D. move

4. In general, stock can be divided into ( ) and ( )? A. Blue-chip stocks and fund B. Blue-chip stocks and common stock C. Blue-chip stocks and securities D. Securities and fund 5. Real property is generally acquired by which ways? ( ) A. Purchase or descent B. Descent or recapture C. Devise or recapture D. Recapture or gift

II. True or False (Judge the following sentences. Mark the correct ones with “T” and wrong ones with “F”, 3 points ×5)

1. The distinction between loan or over draft methods does not matter greatly to the customer.

( )

2. A bank is usually unhappy to take on new customers. ( ) 3. While markets are organized in various ways in different countries of the world, most of foreign exchange transactions are simply arranged by two parties and executed just by telex.

( )

4. The balance of payments, rates of domestic inflation and the relative purchasing power of currencies will affect the rates of exchange ( ) 5. China adopts the direct quotation method. ( )

Answer Questions :

(Directions :each question should be answered with more than 50 words, or your points will be cut down):

1. How does a company protect itself by a forward deal? (10 points)

《金融英语》 第 2 页 共 5 页

2. Why is the sight draft subject to a deduction for discount interest? (10 points)

3. From a national viewpoint, are low rates or high exchange rates favorable for Chinese? Why? (15 points)

4. What are shares? (15 points)

5. How do you explain Real Estate? (15 points)

《金融英语》 第 4 页 共 5 页