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What will a foreign seller do when he gets the letter of credit from the buyer？
A．He will draw a bill of exchange on the buyer's bank.
B．He will sell it and get money at once.
C．He will make payable on demand.
D．He will authorize the company to make the payment.
答案
更多“What will a foreign seller do when he gets the letter of credit from the buyer？A．He will d”相关的问题
第1题
A、what important
B、how important things
C、what important things
D、how important
第2题
W: Sorry, immediate encashment of a foreign bill is not allowed. You may entrust it to us for collection. But it takes time.
Q: What should the man do if he wants to get the payment of the draft？
(18)
A．He has to show the clerk his passport.
B．He has to entrust the draft for collection to the bank.
C．He has to fill in some forms.
D．He has to endorse the draft.
第3题
听力原文：M: Bank of China. May I help you？
W: Yes, please. I'd like to get some information about discounting a bill of exchange.
Q: What does the customer want to do.？
(17)
A．To withdraw some money.
B．To exchange some foreign currencies.
C．To discount some bills.
D．To cash some traveler's checks.
第4题
(1)国内价格将是多少？
(2)国内生产者和消费者的损益各为多少？
(3)对无谓损失和国外生产者会产生什么影响？
Example 9.5 (page 308 ) describes the effects of the sugar quota. In 2005 , imports were limited to 5.3 billion pounds , which pushed the domestic price to 27 cents per pound. Suppose imports were expanded to 10 billion pounds.
a What would be the new U. S. domestic price？
b. How much would consumers gain and domestic producers lose？
c. What would be the effect on deadweight loss and foreign producers？
第5题
听力原文： The inter-bank market is important because through banks' lending and borrowing, a short-term interest rate can be determined. This interest rate indicates the marginal cost of acquiring short-term liquidity needed by banks in the money market. Thus, the lending is usually for short-term liquidity needs which is usually overnight. Some lending transactions may be arranged for a longer period of time, usually up to 3 months. The inter-bank money market is well established and active in Hong Kong, with an average daily turnover of HK $ 38 billion in late 1991. Lenders are mostly the locally incorporated banks and major borrowers are the foreign banks that do not have adequate deposit base in local currency.
28. What can be determined through inter-bank lending and borrowing？
29.How long is the usual period of short-term liquidity needed by banks？
30.Who are the major lenders in the inter-bank market？
(28)
A．A long-term interest rate.
B．A long-term loan.
C．A short-term interest rate.
D．A short-term loan.
第6题
The immediate problem is poverty. Most of Africa is urbanising at a lower level of income than other regions of the world did. That means there's little money around for investment that would make cities liveable and more productive. Without upgrades and new capacity, bridges, roads and power systems are unable to cope with expanding populations. With the exception of South Africa, the only light rail metro system in sub-Saharan Africa is in Addis Ababa, Ethiopia. Traffic jam leads to expense and unpredictability, things that keep investors away.
In other parts of the world, increasing agricultural productivity and industrialisation went together. More productive farmers meant there was a surplus that could feed cities; in turn, that created a pool of labour for factories. But African cities are different. They are too often built around consuming natural resources. Government is concentrated in capitals, so is the money. Most urban Africans work for a small minority of the rich, who tend to be involved in either cronyish (有裙带关系的) businesses or politics. Since African agriculture is still broadly unproductive, food is imported, consuming a portion of revenue.
So what can be done？ Though African countries are poor, not all African cities are. In Lagos, foreign oil workers can pay as much as 65,000 dollars per year in rent for a modest apartment in a safe part of town. If that income were better taxed, it might provide the revenue for better infrastructure. If city leaders were more accountable to their residents, they might favour projects designed to help them more. Yet even as new roads are built, new people arrive. When a city's population grows by 5% a year, it is difficult to keep up.
76.What do we learn from the passage about cities in sub-Saharan Africa____
A.They have more slums than other cities in the world.
B.They are growing fast without becoming richer.
C.They are as modernised as many cities elsewhere.
D.They attract migrants who want to be better off.
77.What does the author imply about urbanisation in other parts of the world____
A.It benefited from the contribution of immigrants.
B.It started when people's income was relatively high.
C.It benefited from the accelerated rise in productivity.
D.It started with the improvement of peopled livelihood.
78.Why is sub-Saharan Africa unappealing to investors____
A.It lacks adequate transport facilities.
B.The living expenses there are too high.
C.It is on the whole too densely populated.
D.The local governments are corrupted.
79.In what way does the author say African cities are different____
A.They have attracted huge numbers of farm labourers.
B.They still rely heavily on agricultural productivity.
C.They have developed at the expense of nature.
D.They depend far more on foreign investment.
80.What might be a solution to the problems facing African cities____
A.Lowering of apartment rent.
B.Better education for residents.
C.More rational overall planning.
D.A more responsible government.
第7题
I have learned something about myself since I moved from Long Island to Florida three years ago. Even though I own a home in Port St. Lucie just minutes from the ocean, an uncontrollable urge wells up to return to Long Island even as others make their way south. I guess I am a snowbird stuck in reverse. Instead of enjoying Florida’s mild winters, I willingly endure the severe weather on Long Island, the place I called home for 65 years.
I’m like a migratory bird that has lost its sense of timing and direction, my wings flapping against season.
So what makes me fly against the tide of snowbirds？ The answer has a lot to do with my reluctance to give up the things that define who I am. Once I hear that the temperature on Long Island has dipped into the range of 40 to 50 degrees, I begin to long for the sight and crackling sound of a wood fire. I also long for the bright display o￡ colors — first in the fall trees, and then in the limits around homes and at Rockefeller Center. Floridians decorate too, but can’t create the special feel of a New England winter.
I suppose the biggest reason why I return is to celebrate the holidays with people I haven’t seen in months. What could be better than sitting with family and friends for a Thanksgiving turkey dinner, or watching neighbors’ children excitedly open gifts on Christmas？ Even the first snowfall seems special. I especially enjoy seeing a bright red bird settling on a snow-covered branch (My wife and I spend winters at a retirement community in Ridge, and I’m grateful that I don’t have to shovel.)
While these simple pleasures are not unique to Long Island, they are some of the reasons why I come back. Who says you can’t go home？
(1) What does the underlined word "snowbird" in Paragraph 1 refer to？()
A、A person spending winter in a warmer climate
B、A bird seen chiefly in winter
C、A person permanently living in a foreign country
D、A bird flying to the south in winter
(2)What’s the difference between Florida and Long Island？()
A、Winters in Long Island are milder
B、The snowbirds in Long Island are rarer
C、Weather in Long Island is severer
D、Long Island is nearer to the ocean
(3)What did the author miss most when he was in Florida？()
A、The colorful light display
B、The family gathering
C、The cold temperature
D、The winter landscape
(4) Which of the following is TRUE according to the text？()
A、The author enjoyed living in Florida
B、The author had a good time in Florida
C、The author owned a home in Florida
D、The author did not like mild weather
(5)What’s the author’s purpose in writing the text？()
A、To praise the beauty and warmth of his hometown
B、To describe his dream to be a free bird
C、To explain the reasons for moving from his hometown
D、To express his feeling of missing his hometown
第8题
Foreign exchange is convertible currency but foreign to the holder.
A．Right
B．Wrong
C．Doesn't say
第9题
(7)
A．A forward transaction is done on a future date.
B．A forward purchase is to buy foreign currency in future.
C．A forward purchase is to buy a foreign currency with settlement on a future date.
D．A forward transaction is to buy a foreign currency on future date.
第10题
Americans, valuing competition, have devised an economic system to go with-free enterprise. Americans feel very strongly that a highly competitive economy will bring out the best in its people and ultimately, that the society which fosters competition will progress most rapidly. If you look for it, you will see evidence in all areas--in all fields as diverse as medicine, the arts, education, and sports--that free enterprise is the approach most often preferred in America.
16. What does the author mean by saying “The ‘self-made man or woman’ is still very much the ideal in present-day America”？
A. Americans no longer respect those who are born rich as they used to.
B. Americans still respect those who have climbed up the social ladder through hard work.
C. Americans think that an ideal man or woman should be born poor.
D. Americans think that only the self-made man or woman is worthy of respect.
17. What does the author think of the American social system？
A. It is a system that does not favor those who are born rich.
B. It is a system that makes social climbing very difficult, if not impossible.
C. It makes it comparatively easy for the poor to move up the social ladder.
D. It is the best system possible in the world
18. Americans teaching in Third World countries found that ___.
A. competition is a unique American (or Western ) value
B. competition must be fostered in the classroom for success in business
C. cooperation is more important than competition in bringing about progress
D. competition is one of the universal human characteristics
19. We can infer from the passage that free enterprise is ____.
A. an economic system allowing free competition among businesses
B. a belief that competition brings out the best in any individual
C. an attitude that values competition rather than cooperation
D. a theory that advocates competition as the source of all progress
20. Americans would most likely frown at you if you ____.
A. complain that you were born poor and had had no opportunities
B. tell then you were born poor and had to work with your hands
C. go around telling people that your father is a self-made man
D. tell them that their social system is not necessarily the best
