国际金融中英文版答案解析.docx

1、国际金融中英文版答案解析国际金融中英文版Chapter 2: Payments among NationsSingle-Choice Questions1. A countrys balance of payments records: 一个的国际收支 平衡记录了 Ba. The value of all exports of goods and services from that country for a period of time.b. All flows of value between that countrys residents and residents of the re

2、st of the world during a period of time.在一定时间段里,一个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 countrys 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 Aa. An item for wh

3、ich the country must be paid.一个必须收取的条款b. An item for which the country must pay.c. Any imported item.d. An item that creates a monetary claim owed to a foreigner.3. Every international exchange of value is entered into the balance-of-payments accounts _ time(s). 每一次国际等价交换都记进国际收支帐户次 Ba. 1b. 2c. 3d. 4

4、4. A debit item in the balance of payments is: 在国际收支平衡中的借项是 Ba. An item for which the country must be paid.b. An item for which the country must pay.一个必须支付的条款c. Any exported item.d. An item that creates a monetary claim on a foreigner.5. In a nations balance of payments, which one of the following i

5、tems is always recorded as a positive entry? D在国际收支中,下列哪个项目总被视为有利条项a. Changes in foreign currency reserves.b. Imports of goods and services.c. Military foreign aid supplied to allied nations.d. Purchases by foreign travelers visiting the country.国外游客在本国发生的购买6. The sum of all of the debit items in th

6、e balance of payments: 在收支平衡中,所有贷项的总和 Ba. Equals the overall balance.b. Equals the sum of all credit items.等于所有借项的总和c. Equals compensating transactions.d. Equals the sum of credit items minus errors and omissions.7. Which of the following capital transactions are entered as debits in the U.S. balanc

7、e of payments? 下列哪个资本交易在美国的收支平衡中当作借项？ Ba. A U.S. resident transfers $100 from his account at Credit Suisse in Basel (Switzerland) to his account at a San Francisco branch of Wells Fargo Bank. b. A French resident transfers $100 from his account at Wells Fargo Bank in San Francisco to his Credit Suis

8、se account in Basel.一个法国居民在旧金山的Fargo Bank用其帐户转帐美金到位于巴塞尔的瑞士信贷户口c. A U.S. resident sells his IBM stock to a French resident. d. A U.S. resident sells his Credit Suisse stock to a French resident. 8. An increase in a nations financial liabilities to foreign residents is a: 一个对另一个金融负债的增加是一种Ca. Reserve i

9、nflow.b. Reserve outflow.c. Capital inflow.资本流入d. Capital outflow.9. _A_ are money-like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them. 官方国际储备资产是一种类似于钱的资产，这种资产由政府掌握并作为政府间的一种支付手段得到充分认可.a. Official international reserve assets 官

10、方国际储备资产b. Unofficial international reserve assets c. Official domestic reserve assets d. Unofficial domestic reserve assets 10. Which of the following is considered a capital inflow? 下列哪项 被视为资本流入 Aa. A sale of U.S. financial assets to a foreign buyer.美国一金融资产卖给一外国买家b. A loan from a U.S. bank to a for

11、eign borrower.c. A purchase of foreign financial assets by a U.S. buyer.d. A U.S. citizens repayment of a loan from a foreign bank.11. In a countrys balance of payments, which of the following transactions are debits?一个的收支平衡表中,哪个交易属于借项？ Aa. Domestic bank balances owned by foreigners are decreased.外国

12、人拥有的国银行资产的下降b. Foreign bank balances owned by domestic residents are decreased.c. Assets owned by domestic residents are sold to nonresidents.d. Securities are sold by domestic residents to nonresidents.12. The role of _D_ is to direct one nations savings into another nations investments: 资金流的作用是指导一

13、个的储蓄进入到另一个的投资a. Merchandise trade flowsb. Services flowsc. Current account flowsd. Capital flows资金流13. The net value of flows of goods, services, income, and unilateral transfers is called the: 商品,服务,收入和单方面转让等现金流的净收益叫经常账目（户）Ba. Capital account.b. Current account.经常账目（户）c. Trade balance.d. Official r

14、eserve balance.14. The net value of flows of financial assets and similar claims (excluding official international reserve asset flows) is called the: 金融资产和类似的资产（官方国际储备资产流除外）的 净值流叫 Aa. Financial account.金融帐b. Current account.c. Trade balance.d. Official reserve balance.15. The financial account in t

15、he U.S. balance of payments includes: 美国收支表中的金融帐包括： Ba. Everything in the current account.b. U.S. government payments to other countries for the use of military bases.美政府采用其它军事基地所需支付款项c. Profits that Nissan of America sends back to Japan.d. New U.S. investments in foreign countries.16. U.S. resident

16、 increasing her holdings of a foreign financial asset causes a: 一个美国居民 增持一外国金融资产会引起Da. Credit in the U.S. current account.b. Debit in the U.S. current account.c. Credit in the U.S. capital account.d. Debit in the U.S. capital account.美国资本帐的借帐17. A foreign resident increasing her holdings of a U.S. f

17、inancial asset causes a: 一个美国居民增持本国一金融资产会引起 Ca. Credit in the U.S. current account.b. Debit in the U.S. current account.c. Credit in the U.S. capital account.美国资本帐的贷帐d. Debit in the U.S. capital account.18. A deficit in the current account: 经常帐户中的赤字 Aa. Tends to cause a surplus in the financial acco

18、unt.会导致金融帐中的盈余b. Tends to cause a deficit in the financial account.c. Has no relationship to the financial account.d. Is the result of increasing exports and decreasing imports.19. In September, 2005, exports of goods from the U.S. decreased $3.3 billion to $73.4 billion, and imports of goods increa

19、sed $3.8 billion to $144.5 billion. This increased the deficit in:2005年8月,美国商品出口降低了33亿美元,共734亿美元；商品进口上升到1145亿美元,上长了38亿.这样增加了哪个方面的赤字？Ca. The balance of payments.b. The financial account.c. The current account.经常帐户d. Unilateral transfers.20. Which of the following would contribute to a U.S. current ac

20、count surplus? 以下哪项有助于美国现金帐的盈余？ Ba. The United States makes a unilateral tariff reduction on imported goods.b. The United States cuts back on American military personnel stationed in Japan.美国削减在日本的军事人员c. U.S. tourists travel in large numbers to Asia.d. Russian vodka becomes increasingly popular in t

21、he United States.21. Which of the following transactions is recorded in the financial account?以下哪个交易会被当作金融帐Aa. Ford motor company builds a new plant in China 福特摩托公司在中国设立车间b. A Chinese businessman imports Ford automobiles from the United States.c. A U.S. tourist spends money on a trip to China.d. The

22、 New York Yankees are paid $10 million by the Chinese to play an exhibition game in Beijing, China.22. If a British business buys U.S. government securities, how will this be entered in the balance of payments? 如果一英国商人购买了美国政府的债券,那么这个交易在收支平衡表中会被当作是？ Ca. It will appear in the trade account as an impor

23、t.b. It will appear in the trade account as an export.c. It will appear in the financial account as an increase in U.S. assets held by foreigners.会被当作是外国人所有的美国资产增长d. It will appear in the financial account as a decrease in U.S. assets held by foreigners.23. In the balance of payments, the statistica

24、l discrepancy or error term is used to: 在收支平衡表中, 统计差异与错误项目会用来确保借帐总和跟贷帐总和一致 Aa. Ensure that the sum of all debits matches the sum of all credits.b. Ensure that imports equal the value of exports.c. Obtain an accurate account of a balance-of-payments deficit.d. Obtain an accurate account of a balance-

25、of-payments surplus.24. Official reserve assets are: 官方储备资产 是 Ba. The gold holdings in the nations central bank.b. Money like assets that are held by governments and that are recognized by governments as fully acceptable for payments between them. 官方国际储备资产是一种类似于钱的资产，这种资产由政府掌握并作为政府间的一种支付手段得到充分认可c. Go

26、vernment T-bills and T-bonds.d. Government holdings of SDRs25. Which of the following constitutes the largest component of the worlds international reserve assets? 下列哪项构成了世界国际储备资产的大部份？ Da. Gold. b. Special Drawing Rights.c. IMF Reserve Positions. d. Foreign Currencies.外汇（币）26. The net accumulation o

27、f foreign assets minus foreign liabilities is: 海外净资产的积累减去外债等于Ca. Net official reserves.b. Net domestic investment.c. Net foreign investment.国外投资净值d. Net foreign deficit.27. A country experiencing a current account surplus: 一个经历经常帐户的盈余 Ba. Needs to borrow internationally.b. Is able to lend internatio

28、nally.就有能力向外放贷c. Must also have had a surplus in its overall balance.d. Spent more than it earned on its merchandise and service trade, international income payments and receipts and international transfers.28. The _C_ measures the sum of the current account balance plus the private capital account

29、balance. 官方结算差额是指经常帐户余额的总和加上私人资本帐（B=CA+FA,FA:为非官方投资和储备）a. Official capital balanceb. Unofficial capital balancec. Official settlements balance官方结算差额d. Unofficial settlements balance29. If the overall balance is in _A_, there is an accumulation of official reserve assets by the country or a decrease

30、in foreign official reserve holdings of the countrys assets. 如果综合差额处于盈余，那么会出现本国官方储备资产的积累或者国外官方储备的减少（B=CA+FA,B+OR=0，OR:官方储备金额）a. Surplus盈余b. Deficitc. Balanced. Foreign hands30. Which of the following is the current account balance NOT equal to? 以下哪项不等同于现金帐 Da. The difference between domestic product

31、 and domestic expenditure.b. The difference between national saving and domestic investment.c. Net foreign investment.d. The difference between government saving and government investment. 政府储蓄与政府投资的差值True/False Questions31. Capital inflows are debits and capital outflows are credits. 资金流入是借项，资金外流是贷项 32. The net value of the flow of goods, services, income, and gifts is the current account balance. (T) 商品,服务,收入和单方面转让等现金流的净收益叫经常账目余额 33. The net flow of financial assets and similar claims is the p