英语：英语经贸知识测试.doc

单选（5*5）一、单项选择题 1、 The disadvantages of counter trade is that _ （分数：1分） A. counter trade could be used to bypass international price agreement B. counter trade can reduce the uncertainty regarding export receipt C. counter trade could conceal the export earnings D. conter trade could perpetuate economic inefficiencies A B C D 2、So far as the exporters interest is concerned, _ is more favorable than D/P after sight, and D/P is more favorable than _. （分数：1分） A. D/P at sight, D/A B. documentary draft, D/a C. clean draft, D/P at sight D. D/P,D/P at sight A B C D 3、For multi-national enterprises, their need for security includes_.（分数：1分） A. the security of profits B. the security of other organizational needs C. the security of the assets and investment. D. everything above A B C D 4、 Firms choose licensing because they do not have to make cash payments to start business, and can simply receive income in the form of _. （分数：1分） A. copyrights B. royalty C. patents D. intellectual property A B C D 5、 Portfolio investment refers to ourchases of _ for a purpose other than controlling. （分数：1分） A. financial assets B. certificates of deposit C. stocks D. US Dollors A B C D 6、 A large proportion of the government spending is raised through income tax, VAT and _. （分数：1分） A. stocks B. loans C. securities D. gilt A B C D 7、 Total GDP indicates that _. （分数：1分） A. the average income level of comsumers B. the size of an economy C. the ownershiop of the factors of production. D. the value of goods and services A B C D 8、 By_, a firm can concentrade on their strongest part in the value chain. （分数：1分） A. BOT B. currency exchage C. royalty D. contract manufacturing A B C D 9、 Supplying capital by residents of one country to another is also known as_. （分数：1分） A. international cooperation B. international investment C. international licensing D. international franchising A B C D 10、 The terms Triad refers to_ （分数：1分） A. three richest regions of the world B. three largest cities in the world C. four largest nations in the world D. four countries of great purchasing power A B C D 11、 GDP means_ （分数：1分） A. the market value of goods and services produced by a nation B. the market value of goods and services produced within the geographic area of an economy C. goods and services produced by each citizen D. the market value of goods and services produced by residents of a nation A B C D 12、 Lower income countries are those that have per capita incomes of _. （分数：1分） A. only 9386 US dollars B. only 576 US dollars C. only 675 US dollars D. only 765 US dollars A B C D 13、 Franchising can be regarded as a special form of licensing. Under franchising, a firm, called, _, is allowed to operate in the name of another, called the _ who provides the former with trademarks, brand names and logos. （分数：1分） A. franchiser, franchisee B. licenser C. franchisee, franchiser D. licensee A B C D 14、Under _, one company offers managerial or other specialized services to another within a particular period for a flat payment or a percentage of the relevant business volume.（分数：1分） A. Licensing agreement B. management contract C. turnkey project D. international franchising A B C D 15、 A foreign country may have lower land prices, tax rates or cost of labor, all of which _. （分数：1分） A. will reduce the production costs B. could reducing the production costs C. reducing the production costs D. may well be reducing the production costs A B C D 16、 Through all the Bretton Woods participants agreed _ their currencies _ gold. （分数：1分） A. attach, to B. peg, to C. adjust, to D. glue, to A B C D 17、 The disadvantages of counter trade is that _. （分数：1分） A. it could conceal the export earnings B. it could reduce the uncertainties in export receipt C. it could help bypassing price agreement D. it could perpetuate economic inefficiencies A B C D 18、 Six OECD members that not up to the level of high income countries include_ （分数：1分） A. Saudi Arabia B. Mexico C. Nigeria D. Malaysia A B C D 19、 Which one of the following instituations is not established in EU? （分数：1分） A. EEC B. OECD C. EC D. EURATOM A B C D 20、 The pressure caused by the WWI on economy coupled with the impact of the Great Depression _ the fixed exchange rate system. （分数：1分） A. set the tone for B. set an end to C. pave the way for D. put an end to A B C D 21、 Regional economic intrgration falls under four types and in the order from the least to most integrative, they are_, _,_ and _. （分数：1分） A. free trade area, customs union, common market,economic union B. free trade area, customs union, ,economic union,common market C. free trade area, customs union, economic union,common market D. A B C D 22、 On _, the european Union came into being. （分数：1分） A. January 1, 1994 B. July 1, 1996 C. December 31, 1994 D. January 1, 2002 A B C D 23、 The reason why international trade is necessary is that _. （分数：1分） A. Some countries may be too poor to produce the things they need. B. international specialization is taking place C. some advanced countries enjoy absolute advantage in production D. the economic situation is not stable A B C D 24、 Which one of the following is not a feature of MNE? （分数：1分） A. enormous size B. rapid growth rate C. a large number of employees around the world D. powerful political influence A B C D 25、 Which one of the following statement about comparative advantage is correct? （分数：1分） A. Comparative advantage is static B. A country should speacialize in their comparative disadvantages C. Comparative advantage is proposed by Adam Smith D. Comparative advantage has changed international trade. A B C D 26、 Group C term includes everything but _. （分数：1分） A. CIF B. CPT C. CAF D. CIP A B C D 27、 Which one of the following is not included in D term? （分数：1分） A. DAF B. DDT C. DDP D. DDU A B C D 28、 Written negotiations often begin with _. （分数：1分） A. a definite offer B. an anti-offer C. a quotation D. an enquiry A B C D 29、Oral business negotiations usually include_. （分数：1分） A. discussions at trade fairs B. discussions through visiting foreign countries C. discussions through trunk calls D. all of the above A B C D 30、 The limitations of the lettrer of credit include which one of the following? （分数：1分） A. L/C has to be used with draft B. L/C requires a usance draft C. L/C can only be transferred to one beneficiary D. L/C is more expensive than other forms of payment A B C D 31、 The limitations of L/C include which one of the following? （分数：1分） A. L/C has to be used with draft B. L/C requires a usance draft C. L/C can only be transferred to one beneficiary D. L/C is more expensive than other forms of payment A B C D 32、 The major functions of bill of lading do not include which one of the following? （分数：1分） A. it serves as a cargo receipt B. it completes a business contract C. it constitudes a contract of carriage D. it is a document of title to the goods A B C D 33、 Which one of the following statement is INCORRECT? （分数：1分） A. The fixed exchange rate system increases the riskness of international business B. Flexible exchange rate can prevent the drain of foreign exchange reserve C. The fixed exchange rate system is vulnerable to changes in currency value. D. The fixed exchange rate system can curb inflation. A B C D 34、 The listed market is set up for_. （分数：1分） A. well-established companies B. less mature companies C. established but smaller companies D. young anf growing market A B C D 35、 Which one of the following is not a major factor for undertaking FDI? （分数：1分） A. Gaining access to natural resources B. Gaining easy access to customers C. Utilizing advanced technologies D. Removing trade barriers A B C D 36、 The increasing sales of luxuries was an _ of the countrys _. （分数：1分） A. indication, properous B. insect,proper C. index, prosperity D. index, prospect A B C D 37、 The interest rate the IBRD charges on its loans is calculated in accordance with a guideline related to _. （分数：1分） A. foreign exchange rates B. its cost of borrowing C. international monetary policy D. index of stock market A B C D 38、 Which one of the following is NOT a type of international business? （分数：1分） A. management contract B. Turnkey project C. international franchising D. international payment A B C D 39、 Service trade is also known as _. （分数：1分） A. commodity trade B. accouting for the largest proportion of world trade C. invisible trade D. visible trade A B C D 40、 Which one of the following is NOT MNEs major features? （分数：1分） A. enormous size B. powerful political influence C. rapid growth rate D. long history A B C D 41、 The function of the International Finance Corporation is _. （分数：1分） A. to assit the economic development of less developed countries B. to encourage equity investment flowing to developing countries C. to provide investment advice to developed countries D. to help IMF in implementing its decisions. A B C D 42、 The poorer developing countries are the major targets of _. （分数：1分） A. IDA B. IFC C. IBRD D. MIGA A B C D 43、 Which one of the following constituation is not a member of the World Bank Group. （分数：1分） A. IBRD B. IMF C. MIGA D. IFC A B C D 44、 IBRD loans are directed toward _. （分数：1分） A. developing countries of every level B. the poorer developing countries C. less-developed countries D. developing countries at more advanced stage A B C D 45、 The reasons why international trade is necessary include everything but_. （分数：1分） A. the uneven distribution of natural resources B. international specialization C. the existance of absolute advantages D. no-one can be completely self-sufficient A B C D 46、 In reality,complete specialization may never occur because of _. （分数：1分） A. tariff barriers B. pattern of demand C. economy of scale D. strategic reasons A B C D 47、 The purpose of Incoterms is to _. （分数：1分） A. provide a common understanding B. set down agreement between buyers and sellers C. regulate the terms used in international transaction D. promote the economic integration A B C D 48、 A proper business contract should include everything except_. （分数：1分） A. signatures of contracting parties B. the bank account of the buyer C. the contract proper D. the title of the contract A B C D 49、 Which one of the following is NOT issued by the seller? （分数：1分） A. enquiry B. quotation C. sales contract D. sales confirmation A B C D 50、 Which one of the following is not from the exporters country? （分数：1分） A. the negotiating bank B. the opening bank C. the advising bank D. the confirming bank A B C D 51、 L/C also has its limitations include_? （分数：1分） A. L/C has to be used with draft B. L/C requires a usance draft C. L/C can only be transferred to one beneficiary D. L/C is more expensive than other forms of payment A B C D 52、 A confirmed credit is_. （分数：1分） A. credit that is confirmed by the issuing bank. B. a L/C that can be cancelled without the consent of the involving parties C. credit that is confirmed by the negotiating bank D. a L/C that is confirmed by a bank other than the issuing bank A B C D 53、 Which one of the following statement is incorrect? （分数：1分） A. The just-in-time inventory systems have changed transportation industry. B. Transportation encourages the indroduction of more efficient production. C. At present, competition in transportation industry shifts to customer service. D. The transportation deregulation limits the further development of transportation. A B C D 54、 The common pool refers to the insureds _ which is reveived by the _ into a fund. （分数：1分） A. premium, insurer B. prime, insurance company C. premere, insured D. premium, insured A B C D 55、 Which one of the following statements is not the specific standpoints and aims of less-developed members of UN? （分数：1分） A. More commodity agreements should be concluded with helping the new countries. B. The western nation should stop exploiting the new countries. C. The western nations must open up their market. D. A new international economic order should be built. A B C D 56、 The less-developed countries of UNCTAD are also known as_. （分数：1分） A. The Third World B. Group of 77 C. The Four Tigers D. ECOSOC A B C D 57、 UN operates its permanent Secretariat in _. （分数：1分） A. New York B. London C. Paris D. Geneva A B C D 58、 While the discussions could have taken place within the framework of ECOSOC, the less-developed countries still urged the creation of a new_. （分数：1分） A. constituation B. institute C. institution D. constitude A B C D 59、 Despite all the archievements, China still faces big challenges coming from the following aspects_. （分数：1分） A. trade protectionism B. regional integration C. trade globalization D. currency devaluation A B C D 60、 _the less-developed countries, endeavors must be made to ensure the stabilization of commodity prices, better access to the markets of developed countries. （分数：1分） A. In the interest of B. With the concern of C. At the sight of D. In terms of A B C D 61、 The Generalized System of Preferences is meant to _. （分数：1分） A. substantially reduce tariffs B. assist developing countries in their economic efforts C. eliminate trade discrimination D. grant developing countries low interest loans A B C D 62、 On January 1, 1995 WTO established on the basis of the document signed before the conclusion of _. （分数：1分） A. the Brazil Round B. the Rio Round C. the Doha Round D. the Uruguay Round A B C D 63、 In business English, acquisition refers to _. （分数：1分） A. purchasing existing facilities when entering a new market B. build new enterprises in a foreign country C. establish a business with more than one business partner D. build new facilities on borrowed land A B C D 64、 What is the defination of the word non-tariff barrier? （分数：1分） A. All forms of man-made obstructions to international trade. B. A person or company granting a licence. C. A special right to an inventor to be the only person to make and sell it. D. Expert knowledge or skills. A B C D 65、 Which one of the following countries is NOT included in Triad? （分数：1分） A. Germany B. Japan C. USA D. EU A B C D 66、 IBRD financing its lending operations from_. （分数：1分） A. membership fee B. the world bank C. stock market D. the borrowings in the world capital market A B C D 67、 So far as the exporters interest is concerned, D/P at sight is more favorable than_, and _ is more favorable than D/A. （分数：1分） A. D/P,D/P after sight, B. D/A,clean draft C. D/P after sight, D/P D. usance draft, D/A A B C D 68、 The major functions of bill of lading do not include:_. （分数：1分） A. it serves as a cargo receipt B. it completes a business contract C. it constitudes a contract of carriage D. it is a document of title to the goods A B C D 69、 The three main principles of insurance include_. （分数：1分） A. the insurable interest, the utmost good faith and proximate cause B. the insurable interst, utmost food faith and indemnity C. the indemnity, contribution and subrogation D. the indemnity, proximate cause and the utmost good faith A B C D 70、 IMF provides temportary financing for countries _. （分数：1分） A. with low per capita income B. with more advanced stages of economic and social growth C. in developing world D. suffering seasonal or random shocks A B C D 71、 The insurer is _ to the advantage of every right of the assured which will _ the loss he has been forced to bear. （分数：1分） A. adjust to,destroy B. be compled with, compensate C. amand to, derive D. entitled to, diminish A B C D 72、 Which one of the following statement is incorrect? （分数：1分） A. The fixed exchange rate system increases the riskness of international business B. Flexible exchange rate can prevent the drain of foreign exchange reserve C. he fixed exchange rate system is vulnerable to changes in currency value. D. The fixed exchange rate system can curb inflation. A B C D 73、 International Monetary Fund fi