超星财经英语看世界_1章节答案(学习通2023完整答案)
96 min read超星财经英语看世界_1章节答案(学习通2023完整答案)
Test 1
1、超星财经Why multinational firms establish subdiaries in other countries?英语
A、Cheap labor
B、看世Raw material inputs
C、界章节答Beautiful environment
D、案学Far away from multinational firms
2、习通the advantages of multinational firms
A、完整Create jobs
B、答案Create jobs
C、超星财经Improve technology
D、英语Exploit developing nations
3、看世there is 界章节答only one term for multinational corporations
4、corporation has its facilities and other assets in at least one country other than its home country.
5、案学multinational firms could improve global relations through commercial ties.
6、习通All MNCs provide pension funds to their employees
7、完整China is one of the world's most hyped investment locations
8、the growing challenges are arising in MNCs
9、it's easy to become familiar with distinctive corporate cultures and styles.
10、top executives with all of the above plus knowledge skills and experience of living and working in China is necessary.
11、Chinese "going global" strategies emerged
12、In MNCs , the biggest challenge will be access to sufficient capital
13、Certain jobs in a MNC don't exist in domestic companies
14、If you join in a MNC, you can travel when doing business
15、If you join in a MNC, you can transfer internally.
16、If you join in a MNC, one of the disadvantages is the idea that you’re too small or too powerless.
17、If you join in a MNC, it is little more complicate to do your work
18、SCs pay higher salaries than MNCs.
19、in real world, only bad acquisitions are an everyday occurrence.
20、My Company is Acquired by a Really Big Company，this combination can be brought on to add value.
21、My Company is Acquired by a Really Big Company，one company has the product and the other needs to has distribution channel
22、In MNCs you have bulit might not carry on so be ready to say goodbye to some of things is necessary.
23、an acquisition is the purchase of one company in which a new company is formed.
24、company can expand abroad by either Acquiring another company or Merging with them
25、facebook is now a titan almost every angle since its M&A
26、"like" button or the newsfeed are created by another small company ,but popular in Facebook.
27、Facebook also acquired another company to improve its social networking service.
28、Facebook usually snap up the talents from other company.
29、Facebook is a mobile company
30、these two purchases（Instagram & WhatsApp） have great profit on the surface （to Apple）.
31、both sides of an M&A deal will have different ideas about the worth of a target company.
32、M&A is good for both business and their employees.
33、Managers are not immune to face the same challenges. (lay-off)
34、although two organization are very different integration, integration is very easy.
35、In M&A, what you need to do is "prepare".
36、Mergers and acquisitions (M&A) is a general term that refers to the consolidation of companies or assets through various types of financial transactions.
37、a global company operating at an enormous scale to achieve profit.
38、that free trade works even if one partner in a deal holds absolute advantage in all areas of production
39、the primary fear for nations entering free trade is that they will be out-produced by a country with an absolute advantage in several areas which would lead to imports but no exports.
40、comparative advantage urges nations to engage in true free trade and to specialize in area where they have the highest comparative advantage.
41、M&A can include a number of different transactions, such as mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions.
42、A merger occurs when two separate entities (usually of comparable size) combine forces to create a new, joint organization in which – theoretically – both are equal partners.
43、why apple can't do their manufacturing work domestically ?there is on incentive in America to manufacture anymore.
44、why choose China to produce apple? because their labor cost is less than that in US
45、Why apple outsourcing and manufacturing overseas in China ? Because China is a place for production and manufacturing.
46、Foxconn City is updating and the work is becoming interesting than before.
47、Chinese factories are faster, in a large scale and much better flexibility towards change.
48、this globalization of the labor market is making the world more diverse.
49、the iphone's production exemplifies the complexity of a globally fragmented supply chain.
50、the next biggest beneficiaries in the iPad and iPhone supply chains are Korean companies.
51、the portion retained in China's economy is a tiny fraction of that amount.
52、China remains at the low-end of the GVC
53、since the launch of reform and opening-up, China's manufacturing has increasingly displayed its ability to achieve such a transformation.
54、China should therefore continuously deepen its institutional reforms, to sharpen its competitiveness edge and draw up a well-conceived long term strategy for its manufacturing sector.
2. International Trade
2.1 International Trade and Specialization随堂测验
1、We use what measurements to show that the majority of people that ever lived had terrible lives?
A、life expectency
B、income per capita
C、fertility rate
D、child mortality
2、It is export that makes a country wealthy.
3、The international trade does not bring benefit to home market.
4、Trade makes people better off.
5、Tariff is a way for countries to make more money.
6、Each country has to earn foreign exchanges to pay for exports.
2.2 Foundations of Modern Trade Theory: Comparative Advantage随堂测验
1、At which point of the PPF curve is efficient?
A、inside the curve
B、on the curve
C、outside the curve
D、behind the curve
2、PPF is the Production Possibility Frontier.
3、It is efficient for America to produce 250 planes and 500 tons of shoes at home.
4、China has a comparative advantage in producing shoes.
5、America's labor market is more expensive than China.
6、PPF involves three products.
2.3 Process of International Trade随堂测验
1、A bill of lading is a contract between an exporter and
A、an importer
B、a bank
C、a ship company
D、the customs
2、The letter of credit is issued by
A、a exporter
B、an importer
C、a bank
D、a ship company
3、Internationally agreed terms are
A、FOB
B、CIF
C、CFR
D、PPF
4、The international trade starts with finished merchandise.
5、The buyer needs a pro forma invoice to finance the trade.
6、CiF means cost, insurance and freight.
2.4 Business Negotiation: Enquiry and Offer随堂测验
1、The business negotiation takes place between
A、the seller
B、the buyer
C、the bank
D、the transportation company
2、Generally, the business negotiation includes
A、enquiry and reply
B、offer and counter-offer
C、acceptance
D、conclusion a contract
3、Business Negotiation is about acquire and offer business negotiation.
4、Enquiry and offer must be the final steps of the business negotiation.
5、Enquiry and offer can only be done in written way.
6、Offer process is to offer some information about certain commodity.
2.5 Counter-Offer随堂测验
1、Prevailing price is
A、大众价
B、时价
C、共价
D、成交价
2、In the anti-counter-offer, under what condition will the discount be provided?
A、the exchange rate is low
B、the export tax rebates are increased
C、the order is expanded
D、the trade term is changed
3、The counter-offer is an altered version of the original offere.
4、Counter-offer and anti-counter-offer is a process of bargaining.
5、The quotation is the first essential part of the negotiation.
6、The first offer may not be accepted.
2.6 Terms in Business Negotiation: Price随堂测验
1、David's deal is finally done in which trade term?
A、FOB
B、CFR
C、CIF
D、TTP
2、Which trade terms require the seller to clear the good for export?
A、FOB
B、CFR
C、CIF
D、TTP
3、The FOB term requires the seller to bear the loss or damage to the goods.
4、The CFR term requires the seller to bear the loss or damage to the goods.
5、The CIF term requires the buyer to deliver the goods.
6、TTP is included in Incoterms 2010.
2.7 Shipping Documents and Shipment随堂测验
1、Under the letter of credit, the buyer cannot take the delivery of the good until he/she gets the shipping documents.
2、Multimodal transport is the most widely used in international business.
3、L/C is the bill of lading.
4、Transportation should be stipulated in the contract.
5、In the specimen letter about shipment, the certificate of origin is mentioned.
6、In the conversation of Mr.Liu, partial shipment is recommended.
2.8 Modes of Payment随堂测验
1、The clause dealing with payment of the purchase price in a contract for international trade consists of
A、time
B、mode
C、place
D、currency of payment
2、Collection is made through banks under the terms of
A、D/P
B、D/A
C、D/D
D、L/C
3、Payment in domestic trade is difficult than in international trade.
4、Remittance , collection and letter of credit are modes of payment.
5、Collection includes M/T, T/F and D/D.
6、L/C is the most widely uesd in the financing in the international trade.
2.9 Insurance随堂测验
1、The most comprehensive insurance is
A、FPA
B、WPA
C、All Risks
D、Addiotional extra risks
2、WPA covers wider risks than FPA.
3、If a ship is burnt, the loss of the goods is recoverable from insurers under FAP.
4、Loss caused by war can be covered by the "All Risks" clause.
5、The insurer is the one who is protected against the loss.
6、Insurance is a process to kill risks.
Test 2
1、At which point of the PPF curve is efficient?
A、inside the curve
B、on the curve
C、outside the curve
D、behind the curve
2、A bill of lading is a contract between an exporter and
A、an importer
B、a bank
C、a ship company
D、the customs
3、The letter of credit is issued by
A、an exporter
B、an importer
C、a bank
D、a ship company
4、Prevailing price is
A、大众价
B、时价
C、共价
D、成交价
5、In the anti-counter-offer, under what condition will the discount be provided?
A、the exchange rate is low
B、the export tax rebates are increased
C、the order is expanded
D、the trade term is changed
6、David's deal is finally done in which trade term?
A、FOB
B、CFR
C、CIF
D、TTP
7、The most comprehensive insurance is
A、FPA
B、WPA
C、All Risks
D、Addiotional extra risks
8、We use what measurements to show that the majority of people that ever lived had terrible lives?
A、life expectency
B、income per capita
C、fertility rate
D、child mortality
9、Internationally agreed terms are
A、FOB
B、CFR
C、CIF
D、PPF
10、The business negotiation takes place between
A、the seller
B、the buyer
C、the bank
D、the transportation company
11、Generally, the business negotiation includes
A、enquiry and reply
B、offer and counter-offer
C、acceptance
D、conclusion a contract
12、Which trade terms require the seller to clear the good for export?
A、FOB
B、CFR
C、CIF
D、TTP
13、The clause dealing with payment of the purchase price in a contract for international trade consists of
A、time
B、mode
C、place
D、currency of payment
14、Collection is made through banks under the terms of
A、D/P
B、D/A
C、D/D
D、L/C
15、It is export that makes a country wealthy.
16、The international trade does not bring benefit to home market.
17、Trade makes people better off.
18、Tariff is a way for countries to make more money.
19、Each country has to earn foreign exchanges to pay for exports.
20、PPF is the Production Possibility Frontier.
21、It is efficient for America to produce 250 planes and 500 tons of shoes at home.
22、China has a comparative advantage in producing shoes.
23、America's labor market is more expensive than China.
24、PPF involves three products.
25、The international trade starts with finished merchandise.
26、The buyer needs a pro forma invoice to finance the trade.
27、CIF means cost, insurance and freight.
28、Business Negotiation is about acquire and offer business negotiation.
29、Enquiry and offer must be the final steps of the business negotiation.
30、Enquiry and offer can only be done in written way.
31、Offer process is to offer some information about certain commodity.
32、The counter-offer is an altered version of the original offere.
33、Counter-offer and anti-counter-offer is a process of bargaining.
34、The quotation is the first essential part of the negotiation.
35、The first offer may not be accepted.
36、The FOB term requires the seller to bear the loss or damage to the goods.
37、The CFR term requires the seller to bear the loss or damage to the goods.
38、The CIF term requires the buyer to deliver the goods.
39、TTP is included in Incoterms 2010.
40、Under the letter of credit, the buyer cannot take the delivery of the good until he/she gets the shipping documents.
41、Multimodal transport is the most widely used in international business.
42、L/C is the bill of lading.
43、Transportation should be stipulated in the contract.
44、In the specimen letter about shipment, the certificate of origin is mentioned.
45、In the conversation of Mr.Liu, partial shipment is recommended.
46、Payment in domestic trade is difficult than in international trade.
47、Remittance , collection and letter of credit are modes of payment.
48、Collection includes M/T, T/F and D/D.
49、L/C is the most widely uesd in the financing in the international trade.
50、WPA covers wider risks than FPA.
51、If a ship is burnt, the loss of the goods is recoverable from insurers under FAP.
52、Loss caused by war can be covered by the "All Risks" clause.
53、The insurer is the one who is protected against the loss.
54、Insurance is a process to kill risks.
3. The Inevitable Struggle
Test 3
1、Of the many kinds of the investment risk, which one would most investors only worry about?
A、The risk of losing time.
B、The risk of losing opportunities.
C、The risk of losing credit.
D、The risk of losing money.
2、Which description about “The great recession” is incorrect?
A、In 2008, the collapse of two big Wall Street firms plunged the US economy into the “The Great Recession”.
B、It was not the worst financial downturn since the 1930s.
C、That meant many people lost their money.
D、That meant the economy was weak.
3、Which of the following word or phrase means“to talk to someone in a way which seems friendly but shows that you think they are not as intelligent as you”?
A、To bet against
B、To patronize
C、To churn
D、To short
4、Which description about “A Treasury Bond” is incorrect?
A、It is also called “T-Bond”.
B、It’s a U.S. government debt security with a maturity of less than 10 years.
C、It’s marketable.
D、It’s fixed-interest.
5、Which description about “Mortgage Backed Security” is incorrect?
A、MBS is a type of asset-backed security that is secured by a mortgage or collection of mortgages.
B、It usually pays periodic payments that are similar to coupon payments.
C、It’s the core holding of almost all U.S. institutional fixed-income investors.
D、The mortgage does not need to have originated from a regulated and authorized financial institution.
6、Which description about “Synthetic CDO” is incorrect?
A、It is a form of collateralized debt obligation.
B、It only invests in credit default swaps.
C、It also invests in other non-cash assets.
D、It invests to gain exposure to a portfolio of fixed income assets.
7、Which of the following statements are correct?
A、From 2008-2012, economies around the world slowed and unemployment rose.
B、Volatility can be beneficial when prices fall steeply.
C、The global financial crisis started to show its effects in the middle of 2007 and into 2008.
D、During the global financial crisis, governments in the wealthiest nations do not need any solutions to bail out their financial systems.
E、Market risk is the risk of losing money when the financial markets go down.
8、Which of the following statements are correct?
A、Approximately 25% of mortgage originations are classified as subprime.
B、If something churns water, mud, or dust, it moves it about violently.
C、To bet against, means someone is down on something.
D、Short selling is motivated by the belief that a security’s price will go up.
E、If someone patronizes you, they speak or behave toward you in a way very friendly.
9、Which of the following statements are correct?
A、The income that the treasury bonds holders receive is only taxed at the federal level.
B、A utility stock is a stock for a company that is found in the Utility Sector.
C、Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities.
D、Treasury bonds make interest payments annually.
E、The payoff from an action is the disadvantage that you get from it.
10、Which of the following statements are correct?
A、A fallacy is an idea which few people believe to be true.
B、Synthetic CDOs are typically divided into credit tranches based on the level of credit risk assumed.
C、A losing streak is a series of successes in gambling or sports.
D、A dealer is someone who buys and sells illegal drugs.
E、Real-estate boom means the property consisting of houses and land.
11、When investors think of losing money, they are thinking about volatility.
12、The film “The Big Short” was mentioned in the video to simply explain the reason of the global financial crisis.
13、In finance, “to short” an investment means to bet it will go up in value.
14、Subprime is a classification of borrowers with a tarnished or limited credit history.
15、Tranches are pieces, portions or slices of a deal or structured financing. This portion is one of several related securities that are offered at different time but have the same risks.
16、Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed.
17、Subprime loans carry more credit risk, such as, will carry higher interest rates as well.
18、In the US, the Treasury is the government department that deals with the country’s finances.
19、A utility is an important service that is provided only for a certain number of people.
20、Snooze means to take a nap, typically during the daytime hours. In this video, it is used to describe that the entire banking industry is useless.
21、Something that is inconsequential is very important.
22、Weirdo means something that has no way out.
23、The Fed is the central bank of the United States.
24、If an animal or plant mutates, it develops different characteristics as the result of a change in its genes.
25、When we say we see something coming, it means we anticipated something correctly.
26、Death Spiral means a person who behaves, dresses, etc in a bizarre or an unconventional way.
27、Dealer means the major party to a financial transaction at a stock exchange; buys and sells for his own account.
28、A winning streak is a continuous series of successes for example in gambling or sports.
29、Good odds means very possible to win.
30、People think, whatever is happening now is not going to continue to happen into the future. That is the hot-hand-fallacy.
4. Derivatives
Test 4
1、Its value is determined by ________ in the underlying asset.
A、Fluctuations
B、Interest rates
C、Market indexes
D、Stocks
2、What are the most common types of derivatives?
A、Options
B、Futures contracts
C、Credit derivative
D、Swaps
3、_________ is a loan sold to a speculator at a discount to its true value.
A、Forward contract
B、Option
C、Credit derivative
D、Swap
4、_________ is a bond secured by a mortgage on one or more assets.
A、A convertible bond
B、A treasury bond
C、A mortgage bond
D、A municipal bond
5、If you describe someone as ______, you mean that they achieve what they want in a clever way, often by deceiving people.
A、Tricky
B、Smart
C、Skillful
D、Crafty
6、In English, the animal chicken is used to describe the ones that are _______.
A、Coward
B、Timid
C、Cautious
D、bold
7、What is a bundle of mortgage-backed securities?
A、CDO
B、MBS
C、ARM
D、CDS
8、________is a terrible battle or war that some people think will lead to the total destruction of the world or the human race.
A、Destruction
B、Disaster
C、Pestilence
D、Armageddon
9、______ is a type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark.
A、CDS
B、ARM
C、CDO
D、MBS
10、__________ means relating to different sizes or amounts of things.
A、Quantitative
B、Quantified
C、Quality
D、Quantities
11、If a company goes_______, it loses so much money that it is forced to close down.
A、Closed
B、Rented
C、Bust
D、Selling
12、_________ is a risk management technique that mixes a wide variety of investment within a portfolio.
A、Imparity
B、Diversification
C、Difference
D、Variety
13、The most common underlying assets include
A、Stocks
B、Market indexes
C、Commodities
D、Currencies
E、Interest rates
14、In the United States, the three primary bond rating agencies are________.
A、Standard and Poor’s
B、Mandy’s
C、Moody’s
D、Fitch
15、A derivative is a security with a price that is dependent upon or derived from one or more underlying asses.
16、The derivative itself is a contract between two or more parties based upon the asset or assets.
17、Collateralized debt obligations is a structured financial product that pools together cash flow-generating assets and repackages this assets pool into discrete tranches that can be sold to investors
18、Junior tranches of a CDO have a higher credit rating and offer lower coupon rates than the senior tranches.
19、Retail is the activity of selling products direct to the public, usually in big quantities.
20、Sub-prime mortgage is a risky mortgage loan made to someone with a relatively low credit score and insufficient income to get a conventional mortgage.
21、The full name of MBS is Mortgage-backed security.
22、The FICO score is a type of credit score that makes up a substantial portion of the credit report that lenders use to assess an applicant’s credit risk and whether to extend loan.
23、In a credit default swap, the buyer of the swap makes payments to the swap’s seller up until the maturity date of a contract.
24、Warehouse financing is a form of inventory financing in which loans are made to manufacture and processors on the basis of money held in trust as collateral for the loans.
25、The Chinese version of the layers of tranches is分层份额.
26、The Chinese version of housing crisis is房产危机.
27、The Chinese version of underlying is 下面的.
28、The Chinese version of deutsche bank is 德意志银行.
29、The Chinese version of Cologne is 古龙水.
30、The Chinese version of default-rates in Chinese is违约率.
5. Personal Finance
Test 5
1、What is the efficient frontier theory?
A、投资组合理论
B、高效组合理论
C、有效边界理论
D、投资组合理论
2、You could actually decrease your risk and increase your return by investing in __________.
A、More bonds and less stocks
B、More bonds and more stocks
C、Less bonds and less stocks
D、Less bonds and more stocks
3、________is a debt investment in which an investor loans money to an entity which borrow the funds for a defined period of time at a variable interest rate.
A、Bond
B、Stock
C、Cash equivalent
D、Interest rate
4、_______is a product used by investors with the intention of having positive returns.
A、Investment vehicle
B、Investment grade
C、Investment equity
D、Investment environment
5、What does the word “indemnify” mean?
A、补贴
B、盈利
C、赔偿
D、亏空
6、_________is a protection against the loss of income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from financial impact of the death of the insured.
A、Vehicle insurance
B、Unemployment insurance
C、Medical insurance
D、Life insurance
7、Portfolio management is all about _________
A、Strengths
B、Opportunities
C、Equity
D、Growth vs. Safety
E、Domestic vs. International
8、There are two main types of stock________
A、Index stock
B、Preferred stock
C、Cycle stock
D、Common stock
9、A portfolio is a group of financial assets such as stocks, bonds and cash equivalents.
10、Portfolios are held indirectly by investors and/or managed by financial professionals.
11、When you invest, always find the solutions on the upper curve of the Efficient Frontier, in order to be safe and rich.
12、I want it with all the options means they don’t want to buy the car with possible choice.
13、Come to market means that it is available for buying.
14、Make them an offer means the buyer is not willing to offer the money to buy something.
15、Come in at, means to talk about a price as a start.
16、In English, Mercedes is often used when referring to the car.
17、Modern portfolio theory is a theory on how risk-averse investors can construct portfolios to optimize or maximize expected return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.
18、The risk-return tradeoff is the principle that potential return rises with a decrease in risk.
19、According to the risk-return tradeoff, invested money can render higher profits whenever they want.
20、Owners of bonds are bondholders, or creditors, of the issuer.
21、Insurance is protection against possible financial losses.
22、The most basic feature of a life insurance policy is the death benefit.
23、Term life insurance provides protection for a specific period of time the “term”.
24、Term insurance offers the greatest amount of coverage for the lowest initial premium.
25、The initial premiums of Permanent insurance are considerably lower than what you would pay for a term policy with the same face amount.
26、If you kick it back, you assume a relaxed position or attitude or to spend time relaxing.
27、Every waking moment literally expresses something is going on all the time.
28、When you describe something as less-than-ideal, you mean that is ideal.
29、A premium is a sum of money that you pay regularly to an insurance company for an insurance policy.
30、To indemnify someone against something bad happening means to promise to protect them, especially financially, if it happens.
31、Private company and public company are two basic types of companies.
32、It is risky to buy shares at a low price and sell them at a higher price.
33、Stock prices won’t change each day.
34、Company’s future is hard to predict.
35、Each business day, shares change hands depending on how people feel about the company’s future value.
36、Indices help us understand if the markets went up to down on a given day, by looking at the performance of a group of companies.
37、Promising is showing signs of being very good or successful.
38、Index is a way of showing how the price, value, rate, etc. of something has changed.
39、Net worth is the excess of the value of assets over liabilities.
40、Share is any of the equal portions into which the capital stock of a corporation is divided and ownership of which is evidenced by a stock certificate.
41、Poise is to prepare for something.
42、Annual is for the period of one month.
6. Emerging Industries
Test 6
1、Which word means “to break a law, agreement or promise”
A、Violent
B、Violate
C、Violet
D、Violator
2、Which description about “Intellectual Property Rights” is incorrect?
A、It only includes copyright, patents and industrial design rights.
B、The violation of IPR is called “infringement” with respect to patents, copyright, and trademarks.
C、“Misappropriation” with respect to trade secrets may be a breach of civil law or criminal law.
D、Jurisdictions trade secrets include literature; discoveries and inventions; words, phrases, symbols and designs, etc.
3、Which of the following statements is incorrect?
A、A derivative is something which has been developed or obtained from something else.
B、Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring.
C、Outsourcing can offer greater budget flexibility and control.
D、If something happens in one stroke, it happens slowly and gradually.
4、Withdraw means to______ money from a bank account.
A、deposit
B、borrow
C、remove
D、lend
5、According to the video, which of the following explanations of the word “catapult” is incorrect？
A、An ancient weapon used for throwing large rocks.
B、To cause someone or something to quickly move up or ahead.
C、To cause someone to a better position.
D、To capture something in the markets.
6、According to the video, which of the following explanations of the word“sprawl”is incorrect？
A、To lie or sit with arms and legs spread out.
B、To sneak out.
C、To spread irregularly.
D、To develop without restraint.
7、Which of the following words means“taking place at the same time or in the same location”?
A、Currently
B、Concurrently
C、Constantly
D、Causally
8、Which one is the feature of wechat?
A、Send a text message.
B、Voice recording.
C、Payments.
D、All of them.
9、Which of the following statements about“Disposable income”is incorrect?
A、It is total personal income minus personal current taxes.
B、It is not the same with discretionary income.
C、It is total personal income minus all payments that are necessary to meet current bills.
D、It is total personal income after subtracting taxes and typical expenses.
10、Which of the following statements are correct?
A、A transactional account means the depositor has the right to use the money at any time.
B、A time deposit bears an unfixed time.
C、A term deposit bears a fixed time and fixed interest rate.
D、It’s impossible to use the money from a current account at any time.
E、A deposit is an amount of money that is put in a bank account.
11、Which of the following statements about“Bond”are correct?
A、In finance, a bond is an instrument of indebtedness of the bond issue to the holders.
B、The bond is not negotiable.
C、The issuer of the bond is the borrower.
D、The holder of the bond is the lender.
E、Bonds provide the borrower with external funds to finance short-term investments.
12、Which of the following statements are correct?
A、QR code is the trademark for a type of matrix barcode, first designed in America.
B、A QR code uses two standardized encoding modes to efficiently store data.
C、WFOE is short for “Wholly Foreign Owned Enterprise”.
D、B2C means business that sells products or provides services to end-user consumers.
E、A barcode is a machine-readable optical label that contains information about the item to which it is attached.
13、The franchisor’s success has nothing to do with the success of the franchisees.
14、A protagonist in a play, novel, or real event is one of the main people in it.
15、Sci-fi is short for “science fiction”.
16、Rip-off or copycat means a copy of something and has no original features of its own and is often of poor quality.
17、Now, China has surpassed the United States and Japan to become the largest animation producer in terms of the annual output.
18、Since 2010, the animation industry has turned its focus toward to outsourcing for global studios.
19、The most renowned animation fairs in China include China International Cartoon and Animation Festival in Hangzhou CCG EXPO in Shanghai.
20、A bottleneck is a situation that helps a process or activity to process.
21、Stocks, debts and bonds are the three main categories of financial instruments.
22、A virtual wallet is an electronic wallet on your phone rather than a real one.
23、Virtual realities artificially create sensory experience, which can include sight, touch and hearing, but not smell.
24、Surplus means an amount that is more than the amount that is needed.
25、In theories of competition in economics, barriers to entry are obstacles that make it difficult to enter a given market.
26、Appeal means a quality that causes people to like someone or something.
27、Tap means to draw upon.
28、Alipay is China’s largest third-party online payment provider.
29、Crowdfunding is a method of collecting many small contributions by means of an online funding platform to finance or capitalize a popular enterprise.
30、ArtistShare started as a website where musicians could seek donations from their rivals.
31、Indiegogo and Kickstarter were the most prominent debt-based crowdfunding in 2008 and 2009.
32、In addition to the arts, rewards-based crowdfunding sites host funding campaigns for social causes, entrepreneurs and small businesses.
33、P2P platforms generate revenue by taking a percentage of the loan amounts from the investors, and a loan servicing fee from the borrower.
34、GoFundMe is a pioneer in donation-based crowdfunding.
35、SOHO stands for “Small Office, Home Office.”
36、SOHO lifestyle promises a regular paycheck every month.
37、Refund means to give back money.
38、You can’t use wechat to hail a cab or manage your credit card bills.
39、Outpace means to surpass or exceed, as in speed, development, or performance.
40、Upside means an encouraging or positive aspect.
41、Nifty means not really good.
42、Those who are Internet savvy are those have little knowledge of the Internet.
7. Banking
7.5 Credit Card随堂测验
1、One can consume first and pay later by using a credit card.
2、If one doesn't pay the total amount before the due date, a penalty will be charged.
3、Jason can know his limit upon applying the credit card.
4、When applying a credit card, one should demonstrate his/her finanicial ability.
5、The international gold card charge the annual fee.
6、One can use Alipay to repay the credit card.
7.6 Making a Transfer随堂测验
1、Wire transfer involves actual cash exchange.
2、PayPaul can do international transfer.
3、The recipient must be a company.
4、The SWIFT code is a routing number.
5、The money transferred by Jason to his mom can be recieved immeditately
6、Make a transfer also means make a remittance.
7.7 Confiscating Counterfeit Note随堂测验
1、The Braille dots on the real notes are four-dimensional.
2、The security line of counterfeit is printed on the real notes.
3、On the forged notes the watermark is indistinct.
4、The real notes glow under a fluorescent lamp.
5、Jason can give the counterfeit note to his cousin.
6、The phrase "around the corner" indicates the location.
7.8 Instruction at the Inquiry Desk随堂测验
1、“Beat the crowed" means avoiding the crowed.
2、The duty manager provides the inquiry service at the bank.
3、Before opening an account, one should get the number slip from the ticket machine.
4、The duty manager sits behind the counter.
5、Jet lag often involves transnational travel by air.
6、"To put it short" means to make the object shorter.
Test 7
1、there are two kind of counts : current account and time deposit account
2、there is a charge for opening this account
3、in the red =you spend more money than you earn.
4、save for a rainy day = saving money now, in case some emergencies arise in the future.
5、American people love to save for a rainy day instead of use a credit card.
6、FDIC=federal deposit insurance corporation
7、you need to fill out a deposit slip while you are waiting or ask teller for help when it is your turn.
8、我想存款：I would like to make a deposit
9、it much more convenient if use ATMS and you don't have to fill out any forms.
10、if ATMS can't accept your money, it's shows that your money is counterfeit.
11、they usually use "Can I do anything else for you today?” to signal the end of the conversation.
12、when you depositing actually you are selling cash to a bank which in turn is buying cash from you.
13、我想取钱：I’d like to withdraw/take out (amount).
14、（取钱）you can only enjoy the higher rate if only the certification is kept for the full term of deposit.
15、（取钱）if you make an early withdrawal, you will lose your interest.
16、（取钱）if you only take a part of the time deposit ,the rest will still enjoy the time deposit interest rate.
17、(取钱) the time deposit，you could only make partial withdrawal once, which means next time you have to take all your money out.
18、(取钱)mature means reaching the end of its term and hands become payable. 对
19、The buying rate is the selling rate..
20、The buying rate and the selling rate is defined from the bank’s point of view.
21、With the memo you will be able to exchange the unused back into US dollars.
22、(the exchange rate for US dollars)It means how much RMB you will get for 100 US dollars.
23、Exchange rates are changing all the time.
24、A memo is a short official note that is written one or about something especially at work.
25、One can consume first and pay later by using a credit card.
26、If one doesn't pay the total amount before the due date, a penalty will be charged.
27、Jason can know his limit upon applying the credit card.
28、When applying a credit card, one should demonstrate his/her finanicial ability.
29、The international gold card charge the annual fee.
30、One can use Alipay to repay the credit card.
31、Wire transfer involves actual cash exchange.
32、PayPaul can do international transfer.
33、The recipient must be a company.
34、The SWIFT code is a routing number.
35、The money transferred by Jason to his mom can be recieved immeditately
36、Make a transfer also means make a remittance.
37、The Braille dots on the real notes are four-dimensional.
38、The security line of counterfeit is printed on the real notes.
39、On the forged notes the watermark is indistinct.
40、The real notes glow under a fluorescent lamp.
41、Jason can give the counterfeit note to his cousin.
42、The phrase "around the corner" indicates the location.
43、“Beat the crowed" means avoiding the crowed.
44、The duty manager provides the inquiry service at the bank.
45、Before opening an account, one should get the number slip from the ticket machine.
46、The duty manager sits behind the counter.
47、Jet lag often involves transnational travel by air.
48、"To put it short" means to make the object shorter.
期末考试
财经英语看世界期末考试
1、Which of the following explanations of the word“sprawl”is incorrect？
A、To lie or sit with arms and legs spread out
B、To develop without restraint
C、To sneak out
D、To spread irregularly
2、The letter of credit is issued by
A、a bank
B、an importer
C、a ship company
D、a ship company
3、For most importers, they prefer ______ import ______ FBO basis.
A、with, on
B、to,on
C、at, under
D、for,upon
4、If you ______ us a discount of 5%, we’d like to buy from you 8,ooo dozen of this article.
A、provide
B、guarantee
C、allow
D、pay
5、Prevailing price is
A、共价
B、成交价
C、时价
D、大众价
6、Which description about “A Treasury Bond” is incorrect?
A、It is also called “T-Bond”
B、It’s marketable
C、It’s a U.S. government debt security with a maturity of less than 10 years D. It’s fixed-interest
D、It’s fixed-interest
7、Its value is determined by ________ in the underlying asset.
A、Fluctuations
B、Interest rates
C、Market indexes
D、Stocks
8、What are the most common types of derivatives?
A、Options
B、Futures contracts
C、Credit derivative
D、Swaps
9、______ is a type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark.
A、CDS
B、ARM
C、CDO
D、MBS
10、__________ means relating to different sizes or amounts of things.
A、Quantitative
B、Quantified
C、Quality
D、Quantities
11、What is the efficient frontier theory?
A、投资组合理论
B、高效组合理论
C、有效边界理论
D、投资组合理论
12、You could actually decrease your risk and increase your return by investing in __________.
A、More bonds and less stocks
B、More bonds and more stocks
C、Less bonds and less stocks
D、Less bonds and more stocks
13、_______is a product used by investors with the intention of having positive returns.
A、Investment vehicle
B、Investment grade
C、Investment equity
D、Investment environment
14、What does the word “indemnify” mean?
A、补贴
B、盈利
C、赔偿
D、亏空
15、Which one is the feature of Wechat?
A、Send a text message
B、All of them
C、Payments
D、Voice recording
16、The business negotiation takes place between
A、the seller
B、the transportation company
C、the bank
D、the buyer
17、Generally, the business negotiation includes
A、offer and counter-offer
B、conclusion a contract
C、acceptance
D、enquiry and reply
18、Which trade terms require the seller to clear the good for export?
A、FOB
B、CFR
C、TTP
D、CIF
19、In the United States, the three primary bond rating agencies are________.
A、Standard and Poor’s
B、Mandy’s
C、Moody’s
D、Fitch
20、There are two main types of stock________
A、Index stock
B、Preferred stock
C、Cycle stock
D、Common stock
21、Multimodal transport is the most widely used in international business.
22、Top executives with all of the above plus knowledge skills and experience of living and working in China is necessary.
23、The Chinese version of the layers of tranches is分层份额.
24、When investors think of losing money, they are thinking about volatility.
25、In finance, “to short” an investment means to bet it will go up in value.
26、The film “The Big Short” was mentioned in the video to simply explain the reason of the global financial crisis.
27、The primary fear for nations entering free trade is that they will be out-produced by a country with an absolute advantage in several areas which would lead to imports but no exports.
28、Share is any of the equal portions into which the capital stock of a corporation is divided and ownership of which is evidenced by a stock certificate.
29、Annual is for the period of one month.
30、The franchisor’s success has nothing to do with the success of the franchisees.
学习通财经英语看世界_1
在当今全球化的时代，财经英语已经成为通往世界的桥梁。想要了解国际经济形势，深入了解各国的财经政策和经济情况，财经英语就成为了必不可少的工具。而学习通财经英语，更是提升自己的国际视野和竞争力的有效途径。
学习通财经英语的优势
学习通财经英语，首先能够帮助我们更好地了解国际经济形势，了解各国的财经政策和经济状况，进而对自己的经济决策做出更为精准的判断和决策。
其次，掌握财经英语还能够为我们的就业和职业发展带来巨大的优势。随着国际化的步伐加快，越来越多的公司和机构需要具备良好的英语沟通能力，而财经英语则成为了其中不可或缺的一部分。掌握财经英语，能够让我们更好地与海外的雇主和客户沟通，拓宽自己的职业发展空间。
此外，学习财经英语还能够为我们的留学生活带来便利。无论是在留学期间与外国同学和教授交流，还是在完成学业后与国外的公司和机构合作，一定程度上都需要具备良好的英语能力，特别是财经英语。
学习通财经英语的方法
针对财经英语的学习，需要我们具备一定的英语基础，并且了解一些与经济相关的词汇和语法。在此基础上，我们可以通过以下几种方法来进行学习：
阅读财经英语材料
阅读财经英语材料是学习财经英语的重要途径之一。通过阅读财经新闻、财经论文和财经书籍，我们可以了解不同国家的经济状况和经济政策，并且学习其中的专业词汇和用法。
听财经英语讲座和新闻
听财经英语讲座和新闻也是学习财经英语的有效方法之一。通过听取财经专家的讲解，我们能够了解各种经济事件和政策的内涵，也能够学习其中的专业词汇和语法应用。
参加财经英语培训班
参加财经英语培训班是学习财经英语的另一种途径。通过参加培训班，我们可以系统地学习财经英语的语法、词汇和语言技巧，并且能够在老师的帮助和指导下进行针对性学习和练习。
结语
学习通财经英语，对于拓宽我们的国际视野和提升我们的国际竞争力具有重要意义。通过阅读、听取和参加培训班等多种途径，我们可以提高财经英语的听说读写能力，并且积累足够的专业词汇和语法知识。相信在不久的将来，掌握财经英语的能力将会成为我们职业和个人发展的重要资本。
