1.The insurance documents generally refer to an insurance policy or more likely， a certificate of insurance.
【答案】A
2.According to the comparative cost theory， countries should specialize in the production of goods and services they can produce most efficiently.A country is said to have a comparative advantage in the production of such goods and services.
【答案】A
3.The U.S.A.was the largest trading partner of China in 2007.
【答案】B
4.The WTO was established on Jan.1， 2005， created by the Uruguay Round.
【答案】A
5.Depreciation means an increase in the value of a currency relative to other currencies.
【答案】B
6.National differences in language， culture， social values and political systems can represent barriers to trade.
【答案】A
7.There are 15 member countries in the ASEAN.
【答案】B
8.Shareholders， in practice， are the ultimate governing body of the corporation.
【答案】B
9.McDonald’s and Kentucky Fried Chicken have used licensing to reach consumers overseas.
【答案】B
10.A firm offer is a promise to sell goods at a stated price， usually within a stated period of time.
【答案】A
Ⅳ.Choose the best answer.(20%)
11.________ is a measure of the market value of all goods and services within the boundaries of a nation.
A.GNP
B.GDP
C.FDI D.MNC
【答案】B
12._____ has the currency “dollar”.
A.Australia
B.Russia
C.India
D.South Korea
【答案】A
13.Which of the following is not a credit instrument?
A.Check
B.promissory note
C.draft
D.coin
【答案】D
14._________ is the largest free trade area in the area.
A.The SAFTA
B.The NAFTA
C.The EFTA
D.The APEC
【答案】B
15.Concerning the E.U.， which of the following statements is wrong?
A.A college student in Greece can get a job in the U.K.in summer vocation.
B.All the member countries adopt the currency， euro.
C.The executive body of the E.U.is the European Commission， headquartered in Brussels.
D.The Council of Ministers has the final power to decide E.U.actions.
【答案】B
16.A _______ is a special type of parent company that exercises little operating control over the subsidiary， merely “holding” its stock as an investment.
A.Public company
B.holding company
C.firm
D.conglomerate
【答案】B
17.Which of the following is not a business-format franchise?
A.KFC
B.Coke-Cola
C.McDonald’s
D.Pizza Hut
【答案】B
18.Which of the following statements concerning intellectual property is wrong?
A.Intellectual property is an intangible creation.
B.Intellectual property includes patents， trademarks， copyrights， etc.
C.Intellectual property is a visible creation.
D.There are some agreements concerning intellectual property under the WTO.
【答案】C
19.The headquarters of the WTO is _______.
A.New York， U.S.A.
B.Paris， France
C.Geneva， Switzerland
D.Sydney， Australia
【答案】C
20._________ are subsidies or tax rebates paid by government to encourage them to export.
A.Export mission
B.Export incentives
C.Export financing
D.Export tariffs
【答案】B
21.Which of the following aspects is not what an economic union concerns?
A.common currency
B.harmonized tax rates
C.harmonized tax rate structures
D.common political policy
【答案】D
22.Which of the following is not an institutional shareholder?
A.banks
B.pension funds
C.insurance companies
D.individual shareholders
【答案】D
23.Both joint ventures and wholly-owned facilities are________.
A.foreign direct investment
B.international finance
C.technology transfer
D.importing/exporting
【答案】A
24.We give you on the attached sheet full details covering packing and marking， which must be strictly __________.
A.seen
B.abide by
C.observed
D.submitted
【答案】C
25.After inspection of the above shipment we found 5 cases ________.
A.missed
B.missing
C.lost
D.losing
【答案】B
26.As usual， we are going to insure against _______ for 110% of the invoice value.
A.order
B.All Risks and War Risk
C.you
D.shipment
【答案】B
27.Damage ______the goods was caused by heavy rain during transit.
A.of
B.for
C.on
D.to
【答案】D
28.And in the United States， 13 antidumping suits were __________ Korean firms.
A.brought against
B.fought against
C.charged for
D.sued with
【答案】A
29.The WTO has not _____ the issue of the trade in agricultural products.
A.addressed
B.resolved
C.solved
D.dealt in
【答案】A
30.All the losses __________from your delay in shipping our goods will be for your account.
A.rising
B.arising
C.raising
D.arousing
【答案】B
