国际结算(英文版)清华大学出版社-答案

KEY OF INTERNATIONAL SETTLEMENT

Chapter 1

1.Put the following phrases into English

2.Put the following sentences into English

(1)国际结算涉及有形贸易和无形贸易，外国投资，从其他国家借贷资金，等等。

The international settlement involves tangible trades, intangible trades, foreign investments, funds borrowed from or lent to other countries and so on.

(2)许多银行注重发展国际结算和贸易融资的业务。

Many banks have focused on their business of international settlement and trade finance.

(3)大多数国际间的支付来自于世界贸易。

Most of the international payments originate from transactions in the world trade.

(4)一般来说，国际结算的方式分为三类：汇款、托收和信用证。

Usually the international settlement is divided into three broad categories: remittance, collection and letter of credit.

3. True or False

1)International payments and settlements are financial activities conducted in

the domestic country. (F)

2)Fund transfers are processed and settled through certain clearing systems.(T)

3)Using the SWIFT network, banks can communicate with both customers and

colleagues in a structured, secure, and timely manner.(T)

4)SWIFT can achieve same day transfer.(T)

4.Multiple Choice

1)SWIFT is __B__

A.in the united states

B. a kind of communications belonging to TT system for interbank’s fund

transfer

C.an institution of the United Nations

D. a governmental organization

2)SWIFT is an organization based in __A___

A.Brussels

B.New York

C.London

D.Hong Kong

3) A facility in fund arrangement for buyers or sellers is referred to __A___

A.trade finance

B.sale contract

C.letter of credit

D.bill of exchange

4)Fund transfers are processed and settled through __C___

A.banks

B.SWIFT

C.clearing system

D.telecommunication systems

5)__C__is the reason why international trade first began.

A.Uneven distribution of resources

B.Patterns of demand

C.Economic benefits

parative advantages

5. Answer the following questions

1)Where are the medium of exchange originated from?

Tracing back the history of international settlement, the medium of exchange originated from coins to notes.

2)What will inevitably lead to under the international political, economic and

cultural exchanges?

The international political, economic and cultural exchange inevitably leads to credits and debts owed by one country to another.

3)Why do banks focus on the development of the businesses of international

settlement?

Banks focus more and more on the development of the businesses because it is

a major resource of profits.

4)What will banks do to meet the higher and higher demand of the international

market?

Banks need to develop innovative products and deliver the best services possible in whatever way they can.