Ⅲ.Choose the best answer.(20%)
11.Trade balance is the difference between a country’s imports and exports over a set period.When a country’s imports exceed exports， that country’s trade balance is in _______.
A.deficit
B.surplus
C.balance
D.debt
【答案】A
12.In ______ ， the Sino-US diplomatic relations were established.
A.1972
B.1978
C.1973
D.1979
【答案】D
13.Concerning the positive impact of foreign exchange reserves increase in China， which of the following statements is wrong?
A.It can increase liquidation capability
B.It can reduce financial risks
C.It can strengthen China’s intervention ability in RMB exchange rate.
D.It can lead to RMB Revaluation.
【答案】D
14.At the heart of the WTO are _________.
A.WTO agreements
B.WTO rules
C.WTO stipulations
D.WTO practice
【答案】A
15._________ is the top decision-making body of the WTO.
A.The Ministerial Conference
B.The General Council
C.The Secretariat
D.The IPRs Committee
【答案】A
16.The currency of Japan is _____.
A.Yen
B.yuan
C.Dollar
D.peso
【答案】A
17.Which of the following is not an influence on exchange rates?
A.The price of oil in the world market
B.Speculations in foreign exchange by dealers
C.The purchasing power of the currencies
D.The name of a currency
【答案】D
18._______ is the largest trade fair in China.
A.The Carton Fair
B.The East China Fair
C.The West Lake Expo.
D.The Ningbo International Fashion Festival
【答案】A
19.What was a most politically charged issue on the negotiating table of the Uruguay Round?
A.Trade in services
B.Trade in agricultural products
C.Preferential tax
D.Investment -related measures
【答案】B
20.What does economic integration signify in its broadest sense?
A.the expansion of commercial and financial ties among the nations of the world
B.the quick development of transportation and communication
C.the division of the world
D.the harmonization of the world
【答案】A
21.There are 21 _______ in the APEC.
A.countries
B.areas
C.member economies
D.states
【答案】C
22.The real power of a corporation often lies with the _______.
A.CTO
B.CEO
C.COO
D.CFO
【答案】B
23.Shareholders can usually be held legally responsible for _______.
A.the amount of their investment
B.all the losses of the corporation
C.land and equipment
D.the stock market
【答案】A
24.Wholly owned operations vary ____________ form， size， and purpose.
A.with
B.in
C.by
D.for
【答案】B
25.In a franchising agreement， the _______ obtains the right to duplicate a product， and the _______ obtains a royalty fee in exchange.
A.franchisee ….franchiser
B.franchiser …..franchisee
C.licensor …… licensee
D.licensee …… licensor
【答案】A
26.Concerning the purpose of the wholly owned facilities， which of the following is wrong?
A.To take advantage of low wage rates
B.To exploit the availability of raw materials
C.To provide the most direct access to foreign markets
D.To avoid violating trade restrictions
【答案】D
27.We will _____ a contract with you for your men’s shirts.
A.take
B.make
C.sign
D.put
【答案】C
28.As your prices are too high to meet the competition， we have to _____ your offer with regret.
A.decline
B.remove
C.reduce
D.eliminate
【答案】A
29.Which of the following terms of payment is the riskiest to the exporter?
A.L/C
B.D/D
C.D/A
D.D/P
【答案】C
30.Taxes that are levied on imported goods are _____.
A.quotas
B.tariffs
C.subsidies
D.sanctions
【答案】B
