英文版国际金融试题和答案
英文版国际金融试题和答案
PartⅠ.Decide whether each of the following statements is true or false (10%)每题1分,答错不扣分1. If perfect markets existed, resources would be more mobile and could therefore be transferred to those countries more willing to pay a high price for them. ( T )
2. The forward contract can hedge future receivables or payables in foreign currencies to insulate the firm against exchange rate risk. ( T )
3. The primary objective of the multinational corporation is still the same primary objective of any firm, i.e., to maximize shareholder wealth. ( T )
4. A low inflation rate tends to increase imports and decrease exports, thereby decreasing the current account deficit, other things equal. ( F )
国际金融英文版习题
Chapterl balanee of payments
Balance of Payments Accounting
1Balance of payments
a)is defined as the statistical record of a country* s interrmtional transactions over a certain
period of time presented in the form of a double-entry bookkeeping
b)provides detai led infonnstion concerning the demand and supply of a countrys currency
c)can be used to evaluate the per forma nee of a coun try in international economic
competition
d)all of the above
Answer: d
2Generally speaking, any transaction that results in a receipt from foreigners
a)Will be recorded as a debit, wi th a negative sign, in the U・ S. balanee of payments
b)Will be recorded as a debit, with a positive sign, in the U・ S. balance of payments
英文国际金融练习卷Chapter-2
International Finance
Assignment Problems (2) Name: Student No.:
I. Choose the correct answer for the following questions (only ONE correct answer) (5 credits for each question, total credits 4 x 15 = 60)
1. According to the principle of the balanced balance of payments, if a country reduces its foreign exchange reserves by $20 million and the statistical discrepancy is in the credit entry of $5 million in a given period of time, the country runs __________ of its balance of payments during that period of time.
A. $15 million deficits
B. $25 million deficits
C. $20 million deficits
D. $5 million deficits
2. If a country’s domestic saving is greater than domestic investment, the country probably has __________.
国际金融考试英文选择题看完必过
国际金融考试英文选择题看完必过
国际金融考试
单选
1、An increase in the current account deficit will place
pressure on the home currency value, other things equal. ( B )
A、upward
B、downward
C、no
D、upward or downward
2、A high home inflation rate relative to other countries would
the home country’s current account balance, other things equal. A high
growth in the home income level relative to other countries would the home countries current account balance, other things equal.( C )
A、increase; increase
B、increase; decrease
C、decrease; decrease
D、decrease; increase
3、The “J curve” effect describes ( B )
A、the continuous long-term inverse relationship between a country’s
current account balance and the country’s growth in gross national
国际金融学期末分录题及答案英文
国际金融学期末分录题及答案英文
1、Almost every one of us could see her anxiety from the()on her face. [单选题] *
A. appearance
B. feeling
C. movement
D. expression(正确答案)
2、We have ______ homework today. ()[单选题] *
A. too many
B. too much(正确答案)
C. much too
D. very much
3、Tom sits _______ Mary and Jane. [单选题] *
A. among
B. between(正确答案)
C. on
D. next
4、22.Will there ________ any schools in the future? [单选题] *
A.is
B.are
C.am
D.be(正确答案)
5、My home is about _______ away from the school. [单选题] *
A. three hundred metre
B. three hundreds metres
C. three hundred metres(正确答案)
D. three hundreds metre
6、Boys and girls, please _______ your favorite book here and show it to us next class. [单选题] *
A. bring(正确答案)
国际金融中英文版答案
国际金融中英文版答案 Company number:【0089WT-8898YT-W8CCB-BUUT-202108】
国际金融中英文版
Chapter 2:
Payments among Nations
Single-Choice Questions
1.A country’s balance of payments records:一个国家的国际收支
平衡记录了 B
a.The value of all exports of goods and services from that
country for a period of time.
b.All flows of value between that country’s residents and
residents of the rest of the world during a period of time.在
一定时间段里,一个国家居民的资产和其它世界居民资产
的流动
c.All flows of financial assets that cross that country’s borders
during a period of time.
d.All flows of goods into that country during a period of tim
e.
2.A credit item in the balance of payments is: 在国际收支平衡里的
贷项是 A
a.An item for which the country must be paid.一个国家必须
英文版国际金融试题和答案
Part Ⅰ.Decide whether each of the following statements is true or false (10%)每题1分,答错不扣分分,答错不扣分
1. 1. If If If perfect perfect perfect markets markets markets existed, existed, existed, resources resources resources would would would be be be more more more mobile mobile mobile and and and could could could therefore therefore therefore be transferred be transferred to to those those countries more willing to pay a high price for them. ( T )
2. The forward contract can h edge hedge hedge future receivables future receivables or or payables payables payables in in in foreign currencies to foreign currencies to i nsulate insulate insulate the the the firm firm against exchange rate risk. ( T )
英文版国际金融练习题Chapter_7
INTERNATIONAL FINANCE
Assignment Problems (7) Name: Student#: I. Choose the correct answer for the following questions (only ONE correct answer) (4 credits for each question, total credits 3 x 21 = 63)
1. __________ are domestic currencies of one country on deposit in other countries.
A. LIBORs
B. Eurobonds
C. Eurocurrencies
D. Euronotes
2. Eurocredits are __________.
A. bank loans to MNCs or others denominated in a currency other than that of a country where the bank is located
B. typically variable rates which are tied to the LIBOR
C. usually for maturities of six months or less
D. all of the above are true
3. A Japanese firm had chosen to deposit money in a German bank and have it denominated in Japanese yen, this is an example of a __________ deposit.
(新英文)“国际金融”课后计算题答案
(新英文)“国际金融”课后计算题答案
Chapter 1:
9. Net debtor nation of the amount $25 billion.
10. a. Merchandise trade balance, $75 billion deficit. Services balance, $60 billion surplus. Goods and services balance, $15 billion deficit. Investment income balance, $5 billion surplus. Unilateral transfers balance, $20 billion deficit. Current account balance, $30 billion deficit.
b. Current account. The current account deficit implies that the United States is a
net-demander of funds from the rest of the world.
11. a-debit; b-credit; c-credit; d-debit; e-debit; f-debit; g-credit; h-debit; i-debit.
Chapter 2:
1. An arbitrager could purchase 3 francs with $1, purchase 6 schilling with 3 francs, and sell 6
国际金融考试英文选择题 看完必过
国际金融考试
单选
1、
Anincreaseinthecurrentaccountdeficitwillplacepressureonthehomecurrencyvalue,o therthingsequal.(B)
A、upward
B、downward
C、no
D、upwardordownward
A、obtaina90-dayforwardsalecontractonmarks.
B、obtaina90-dayforwardpurchasecontractonmarks.
C、purchasemarks90daysfromnowatspotrate.
5、
Assumethespotrateofacurrencyis$0.37andthe90-dayforwardrateis$0.36.Theforwa rdrateofthiscurrencyexhibitsaofonanannualizedbasis.(D)。
A、discount;11.11%
B、premium;11.11%
C、premium;10.810分1%
D、discount;10.81%
来源:网络转载
6、
Assumethatabank’sbidrateonSwissfrancsis$0.45anditsaskrateis$0.47.Itsbid-ask percentagespreadis.(B)
A、about4.44%
B、about4.26%
C、about4.03%
D、about4.17%
D、sellmarks90daysfromnowatthespotrate.
国际金融中英文版(带解析)
国际⾦融中英⽂版(带解析)
国际⾦融中英⽂版
Chapter 2:
Payments among Nations
Single-Choice Questions
1. A country?s balance of payments records:⼀个国家的国际收⽀平衡记录了 B
a.The value of all exports of goods and services from that country for a period of time.
b.All flows of value between that c ountry?s residents and residents of the rest of the
world during a period of time.在⼀定时间段⾥,⼀个国家居民的资产和其它世
界居民资产的流动
c.All flows of financial assets that cross that country?s borders during a period of time.
d.All flows of goods into that country during a period of tim
e.
2.
3. A credit item in the balance of payments is: 在国际收⽀平衡⾥的贷项是 A
a.An item for which the country must be paid.⼀个国家必须收取的条款
b.An item for which the country must pay.
《国际经济学(英文版)》选择题汇总版(附标准答案)
《国际经济学(英文版)》选择题汇总版(附标准答案)
《国际经济学(英文版)》选择题汇总版(附答案)
————————————————————————————————作者:————————————————————————————————日期:
《国际经济学》选择题汇总版(附答案)
Ch1-Ch3
1.The United States is less dependent on trade than most other countries because
A) the United States is a relatively large country with diverse resources.
B) the United States is a “Superpower.”
C)the military power of the United States makes it less dependent on anything.
D) the United States invests in many other countries.
E) many countries invest in the United States.
2. Because the Constitution forbids restraints on interstate trade,
A) the U.S. may not impose tariffs on imports from NAFTA countries.
B) the U.S. may not affect the international value of the $ U.S.
(完整word版)国际金融题库(英文版).doc
(完整word版)国际⾦融题库(英⽂版).doc Multiple-choice test(only one is correct):
1.Gresham’ s Law states that
a)Bad money drives good money out of circulation.
b)Good money drives bad money out of circulation
c)If a country bases its currency on both gold and silver, at an official exchange rate, it will be the
more valuable of the two metals that circulate.
d)None of the above.
2.Balance of payments
a) is defined as the statistical record of a country’ s international transactions over a certain period of
time presented in the form of a double-entry bookkeeping
b) provides detailed information concerning the demand and supply of a country’ s currency
c)can be used to evaluate the performance of a country in international economic competition
国际金融试卷中英版
国际金融试卷中英版
Single choice
1、自发形成的国际货币体系是( B )
A.国际金汇兑本位制B.国际金本位制
C. 布雷顿森林体系D.牙买加体系
1. Spontaneous form of the international monetary system is ( )
A. The international gold exchange standard system
B. The international gold standard
C. The Breton Woods System
D. Jamaica System
2、如果美元相对日元升值了,则美国对日本的出口会__进口会__(B)
A、增加;减少
B、减少;增加
C、增加;增加
D、减少;减少
2、If the dollar have appreciate in term of the yen, the export from America to Japan will__, and the import from Japan will__ (B)
A、increase; decrease
B、decrease; increase
C、increase; increase
D、decrease;decrease
3、看涨期权__看跌期权__(A)
A、有限损失,有限收益
B、有限收益;有限损失
C潜在收益无限;有限损失D、有限损失;潜在收益无限
3、The potential gain of the call option is __, and the possible lose is __(A)
国际金融中英文版答案)
国际金融中英文版
Chapter 2:
Payments among Nations
Single-Choice Questions
1.A country’s balance of payments records:一个国家的国际
收支平衡记录了 B
a.The value of all exports of goods and services from that
country for a period of time.
b.All flows of value between that c ountry’s residents and
residents of the rest of the world during a period of time.
在一定时间段里,一个国家居民的资产和其它世界居民资
产的流动
c.All flows of financial assets that cross that country’s
borders during a period of time.
d.All flows of goods into that country during a period of
time.
2.A credit item in the balance of payments is: 在国际收支平
衡里的贷项是 A
a.An item for which the country must be paid.一个国家必
须收取的条款
b.An item for which the country must pay.
国际金融中英文版答案)
国际金融中英文版答案)
国际金融中英文版
Chapter 2:
Payments among Nations
Single-Choice Questions
1.A country?s balance of payments records:一个国家的国际收支
平衡记录了 B
a.The value of all exports of goods and services from that country
for a period of time.
b.All flows of value between that c ountry?s residents and
residents of the rest of the world during a period of time.在一
定时间段里,一个国家居民的资产和其它世界居民资产的
流动
c.All flows of financial assets that cross that country?s borders
during a period of time.
d.All flows of goods into that country during a period of tim
e.
2.A credit item in the balance of payments is: 在国际收支平衡里
的贷项是 A
a.An item for which the country must be paid.一个国家必须收
取的条款
b.An item for which the country must pay.
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PartⅠ.Decide whether each of the following statements is true or false (10%)每题1分,答错不扣分1. If perfect markets existed, resources would be more mobile and could therefore be transferred to those countries more willing to pay a high price for them. ( T )
2. The forward contract can hedge future receivables or payables in foreign currencies to insulate the firm against exchange rate risk. ( T )
3. The primary objective of the multinational corporation is still the same primary objective of any firm,
i.e., to maximize shareholder wealth. ( T )
4. A low inflation rate tends to increase imports and decrease exports, thereby decreasing the current account deficit, other things equal. ( F )
5. A capital account deficit reflects a net sale of the home currency in exchange for other currencies. This places upward pressure on that home currency’s value. ( F )
6. The theory of comparative advantage implies that countries should specialize in production, thereby relying on other countries for some products. ( T )
7. Covered interest arbitrage is plausible when the forward premium reflect the interest rate differential between two countries specified by the interest rate parity formula.( F )
8.The total impact of transaction exposure is on the overall value of the firm. ( F )
9. A put option is an option to sell-by the buyer of the option-a stated number of units of the underlying instrument at a specified price per unit during a specified period. ( T )
10. Futures must be marked-to-market. Options are not. ( T )
PartⅡ:Cloze (20%)每题2分,答错不扣分
1. If inflation in a foreign country differs from inflation in the home country, the exchange rate will adjust to maintain equal( purchasing power )
2. Speculators who expect a currency to ( appreciate ) could purchase currency futures contracts for that currency.
3. Covered interest arbitrage involves the short-term investment in a foreign currency that is covered by a ( forward contract ) to sell that currency when the investment matures.
4. (Appreciation/ Revalue )of RMB reduces inflows since the foreign demand for our goods is reduced and foreign competition is increased.
5. ( PPP ) suggests a relationship between the inflation differential of two countries and the percentage change in the spot exchange rate over time.
6. IFE is based on nominal interest rate ( differentials ), which are influenced by expected inflation.
7. Transaction exposure is a subset of economic exposure. Economic exposure includes any form by which the firm’s ( value ) will be affected.
8. The option writer is obligated to buy the underlying commodity at a stated price if a ( put option ) is exercised
9. There are three types of long-term international bonds. They are Global bonds , ( eurobonds ) and ( foreign bonds ).
10. Any good secondary market for finance instruments must have an efficient clearing system. Most Eurobonds are cleared through either ( Euroclear ) or Cedel.
PartⅢ:Questions and Calculations (60%)过程正确结果计算错误扣2分
1. Assume the following information:
A Bank
B Bank
Bid price of Canadian dollar $0.802 $0.796
Ask price of Canadian dollar $0.808 $0.800
Given this information, is locational arbitrage possible?If so, explain the steps involved in locational arbitrage, and compute the profit from this arbitrage if you had $1,000,000 to use. (5%) ANSWER:
Yes!One could purchase New Zealand dollars at Y Bank for $.80 and sell them to X Bank for $.802.With $1 million available, 1.25 million New Zealand dollars could be purchased at Y Bank.These New Zealand dollars could then be sold to X Bank for $1,002,500, thereby generating
a profit of $2,500.
2. Assume that the spot exchange rate of the British pound is $1.90.How will this spot rate adjust in two years if the United Kingdom experiences an inflation rate of 7 percent per year while the United