国际金融习题

测试一：判断（红色为正确答案）

1. The balance of payments is a flow, but the international indebtedness is

a stock.

2. A Chinese company buys $2 million equipments from U.S., suppose it

pays for these equipments through New York bank deposits. the correct way

to record the credit and debit flows is as follows: debit ($ million) credit($ million)

Merchandise Import $2

Service Payments $2

3. At present, gold reserve is the most important reserve asset in the international reserve system.

4. A credit is a flow for which the country must pay.

5. SDR is created by the WB in 1969.

6. An obvious advantage of international gold standard system lays in its stabilizing influence.

1. The foreign exchange is foreign currency.

2. Direct quotation is based on a certain units(such as a unit) of the

national currency as the standard,to calculate the number of units of foreign currencies.

3.Including china ,most countries in the world are using direct quotation,however,U.S.A is using indirect quotation.

4.Interbank-market also is known as whole-sale forex market.

5.Spot transaction refers to the forex transaction setteled on that day after

the deal has been done. The settlement day is the value date.

6.Buy long is a speculative act,you can sell first and buy back later.

7.BOP situation is sure to affect the exchange rate.

8.SDRs is calculated by arithmetic mean of USD,DEM.JPY,SFr and GBP.

9.The price which of importer bought the forex from the bank,is the bid

rate of the forex.

17.Capital inflows are debits and capital outflows are credits.

18.The net value of the flow of goods, services, income, and gifts is the

current account balance.

19.The net flow of financial assets and similar claims is the private current

account balance.

20.The official settlements balance measures the sum of the capital

account balance plus the public current account balance.

21.A nation's international investment position shows its stock of international assets and liabilities at a moment in time.

22.A nation is a borrower if its current account is in deficit during a time

period.

23.A transaction leading to a foreign resident increasing her holdings of a

U.S. financial asset will be recorded as a debit on the U.S. financial account.

24.A credit item is an item for which a country must pay.

25.Every international transaction is recorded in the balance of payments

as both a credit and a debit. In the case of U.S. foreign aid, a debit in the

balance of payments, what is the offsetting credit? Explain.