In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.(46)A．alterB．varyC．turnD．convert
In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.
Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.
(46)
A．alter
B．vary
C．turn
D．convert
相关考题：
Taking interests into account, it is illogical that free-traders give bribes to protectionist via ______.
短文理解听力原文： The Chinese currency is the Renminbi. China has maintained a unified managed floating exchange rate since January 1994. The exchange rate of the Renminbi is determined by the inter-bank foreign exchange market. The People' s Bank of China announces a reference rate for the Renminbi against the US dollar, the Hong Kong dollar, and the Japanese yen based on the weighted average price of foreign exchange transactions during the previous day's trading. Daily movement of the exchange rate of the Renminbi against the US dollar in inter-bank foreign exchange market is limited to 0.3% on either side of the reference rate as announced by the PBC. The buying and selling rates of the Renminbi against the Hong Kong dollar and the Japanese yen may not deviate more than 1% on either side of the reference rate. In the case of other currencies, the deviation may not exceed 0.5% on either side of their respective rates.21. When did China begin to maintain a unified managed floating exchange rate?22.Who determines the exchange rate of the Renminbi?23.What is the deviation allowed on daily movement of the exchange rate of Renminbi against the US dollar?(21)A．1992B．1993C．1994D．1995
In order to (56) foreign exchange administration, maintain strong balance of payments position, China (57) the Regulations on Foreign Exchange Administration on January 29,1996. The State Administration of Foreign Exchange is the agency responsible for foreign exchange administration. The SAFE has a similar branch structure with that of the People's Bank of China, China's central bank. The Bank of China (58) the principal foreign exchange bank. Other banks and financial institutions, (59) affiliates of non-resident banks, (60) designed transactions with the approval of the SAFE.(41)A．developB．improveC．changeD．conduct
听力原文：Banks make money in the foreign exchange dealings not on profit margin but on volume.(8)A．Banks make money in foreign exchange business because of profit margin.B．Banks make money from the price spread in the foreign exchange market.C．Banks make money in foreign exchange business on profit as well as on volume.D．Banks make money in foreign exchange business because of the great volume.
Why did the dollar rally at the beginning of the year?A．It was the beginning of the year.B．Traders' sentiment was changing greatly.C．People thought that the US economy would recover and German interest rate would ease soon.D．The present US-German interest rate differential would be unlikely to narrow.
听力原文：The foreign banks should have set up a representative office in China two years before they can apply for a branch.(2)A．The foreign banks should have set up a representative office.B．The foreign banks can't apply for a branch.C．The foreign banks can't expand business in China.D．The foreign banks are forbidden to set up a representative office.
A financial market may be thought of as ordinary market in which traders may buy or sell particular financial commodities.A．RightB．WrongC．Doesn't say
International traders often () a longer period for ()of an account.A、requested,settlementB、requested,settlingC、request,settlementD、request,settling
听力原文：The foreign exchange market operates much like other financial markets, but isn't located in a specific place like a stock exchange.(9)A．The foreign exchange market operates like other financial markets in every respect.B．The foreign exchange market has a specific place like a stock exchange.C．There's no physical market place such as stock exchanges for the foreign exchange transactions.D．The foreign exchange market operates quite differently since the former has no physical market place.
The price in the foreign exchange market is called ______.A．the trade surplusB．the exchange rateC．the money priceD．the currency rate
The soybean prices ended higher this Monday as traders expect supplies to remain tightThe actively traded July contract for soybeans rose 20 cents to settle at $14.85 a bushel.The U.S government’s weekly prediction for soybean exports was higher than traders expected, said Mike Zulo, president of a consulting company in Atchison KansasSupplies for beans have been extraordinarily tight as China’s demand for soybean continues to increase even as U.S production stays relatively steady he said Soybean prices have risen 15 percent this year“That U.S.D.A. number caused the trade to refocus on just how razor-thin supplies are heading in to next fall’s harvest” Zulo saidWhy did the prices of soybean rise according to the passage?A. Because the general production of soybean stayed steadyB. Because the supplies were expected to keep tightC. Because China’s demand for soybean increasedD. Because the trade of soybean was quite active
The soybean prices ended higher this Monday as traders expect supplies to remain tightThe actively traded July contract for soybeans rose 20 cents to settle at $14.85 a bushel.The U.S government’s weekly prediction for soybean exports was higher than traders expected, said Mike Zulo, president of a consulting company in Atchison KansasSupplies for beans have been extraordinarily tight as China’s demand for soybean continues to increase even as U.S production stays relatively steady he said Soybean prices have risen 15 percent this year“That U.S.D.A. number caused the trade to refocus on just how razor-thin supplies are heading in to next fall’s harvest” Zulo saidWhat can be inferred from the passage about next fall’s soybean harvest?A. It’s not worth noticingB. It will rise 15 percentC. It’s still uncertainD. It will be razor-thin
The first European stock exchange was established in Antwerp,Belgium(比利时),in 1531.There were no stock exchanges in England until the 1700′s.A man wishing to buy or sell shares of?stock had to find a broker(agents)to transact his business for him.In London,he usually went to a?coffee house,because brokers often gathered there.In 1773,the brokers of London formed a stock?exchange.In New York City,brokers met under an old button-wood tree on Wall Street.They organized?the New York Stock Exchange in 17.92.The American Stock Exchange,the second largest in the?United States,was formerly called the Curb Exchange because of its origin on the streets of New?York City.A stock exchange is a market place where member brokers buy and sell stocks and bonds(债券)of American and foreign businesses on behalf,of the public.A stock exchange provides a market?place for stocks and bonds in the same way a board of trade does for commodities.The stockbrokers?receive a small commission on each transaction they make.The stockholder may sell his stock wherever he wants to unless the corporation has some special?rule to prevent it.Prices of stock change according to general business conditions and the earnings?and future prospects(前景)of the company~If the business is doing well,the stockholder may be?able to sell his stock for a profit.If it is not,he may have to take a loss.In the 1600′S,if a man wanted to buy or sell shares of stock,he had to do it throughA.the governmentB.himselfC.a brokerD.the stock exchange
The first European stock exchange was established in Antwerp,Belgium(比利时),in 1531.There were no stock exchanges in England until the 1700′s.A man wishing to buy or sell shares of?stock had to find a broker(agents)to transact his business for him.In London,he usually went to a?coffee house,because brokers often gathered there.In 1773,the brokers of London formed a stock?exchange.In New York City,brokers met under an old button-wood tree on Wall Street.They organized?the New York Stock Exchange in 17.92.The American Stock Exchange,the second largest in the?United States,was formerly called the Curb Exchange because of its origin on the streets of New?York City.A stock exchange is a market place where member brokers buy and sell stocks and bonds(债券)of American and foreign businesses on behalf,of the public.A stock exchange provides a market?place for stocks and bonds in the same way a board of trade does for commodities.The stockbrokers?receive a small commission on each transaction they make.The stockholder may sell his stock wherever he wants to unless the corporation has some special?rule to prevent it.Prices of stock change according to general business conditions and the earnings?and future prospects(前景)of the company~If the business is doing well,the stockholder may be?able to sell his stock for a profit.If it is not,he may have to take a loss.Which of the statements is true?A.The stockholder can sell his stock to anywhere at any time.B.There were no stock exchange in England in the 1700's.C.The price of stock is not stable.D.The stockbrokers do the transaction without charging for the stockholders.
The first European stock exchange was established in Antwerp,Belgium(比利时),in 1531.There were no stock exchanges in England until the 1700′s.A man wishing to buy or sell shares of?stock had to find a broker(agents)to transact his business for him.In London,he usually went to a?coffee house,because brokers often gathered there.In 1773,the brokers of London formed a stock?exchange.In New York City,brokers met under an old button-wood tree on Wall Street.They organized?the New York Stock Exchange in 17.92.The American Stock Exchange,the second largest in the?United States,was formerly called the Curb Exchange because of its origin on the streets of New?York City.A stock exchange is a market place where member brokers buy and sell stocks and bonds(债券)of American and foreign businesses on behalf,of the public.A stock exchange provides a market?place for stocks and bonds in the same way a board of trade does for commodities.The stockbrokers?receive a small commission on each transaction they make.The stockholder may sell his stock wherever he wants to unless the corporation has some special?rule to prevent it.Prices of stock change according to general business conditions and the earnings?and future prospects(前景)of the company~If the business is doing well,the stockholder may be?able to sell his stock for a profit.If it is not,he may have to take a loss.The second largest stock exchange in the U.S.used to be,called__________A.the Wall Street ExchangeB.the New York Stock ExchangeC.the Curb ExchangeD.the U.S.Exchange
资料：The soybean prices ended higher this Monday as traders expect supplies to remain tight.The actively July contract for soybeans rose 20 cents to settle at $14.85 a bushel.The U.S. government's weekly prediction for soybean exports was higher than traders expected, said Mike Zulo. President of a consulting company in Atchison, Kansas.Supplies for beans have been extraordinarily tight as China's demand for soymeal continues to increase even as U.S. production stays relatively steady, he said. Soybean prices have risen about 15 percent this year.“That U.S.D.A. number caused the trade to refocus on just how razor-thin supplies are heading in to next fall's harvest.” Zulo said.Why did the prices of soybean rise according to the passage?A.Because the general production of soybean stayed steady.B.Because the supplies were expected to keep tight.C.Because China’s demand for soybean increased.D.Because the trade of soybean was quite active.
资料：The soybean prices ended higher this Monday as traders expect supplies to remain tight.The actively July contract for soybeans rose 20 cents to settle at $14.85 a bushel.The U.S. government's weekly prediction for soybean exports was higher than traders expected, said Mike Zulo. President of a consulting company in Atchison, Kansas.Supplies for beans have been extraordinarily tight as China's demand for soymeal continues to increase even as U.S. production stays relatively steady, he said. Soybean prices have risen about 15 percent this year.“That U.S.D.A. number caused the trade to refocus on just how razor-thin supplies are heading in to next fall's harvest.” Zulo said.What can be inferred from the passage about next fall’s soybean harvest?A.It’s not worth noticing.B.It will rise 15 percent.C.It’s still uncertain.D.It will be razor-thin.
共用题干第三篇Swiss BanksSince the early 1930s,Swiss banks had prided themselves on their system of banking secrecy and numbered accounts.Over the years,they had successfully withstood every challenge to this system by their own government who, in turn,had been frequently urged by foreign governments to reveal information about the financial affairs of certain account holders.The result of this policy of secrecy was that a kind of mystique had grown up around Swiss banking. There was a widely-held belief that Switzerland was irresistible to wealthy foreigners,mainly because of its numbered accounts and bankers' reluctance to ask awkward questions of depositors.Contributing to the mystique was theview,carefully propagated by the banks themselves,that if this secret was ever given up,foreigners would fall over themselves in the rush to withdraw money,and the Swiss banking system would virtually collapse overnight.To many,therefore,it came like a bolt out of the blue,when,in 1977,the Swiss banks announced they had signed a pact with the Swiss National Bank(the Central Bank).The aim of the agreement was to prevent the improper use of the country's bank secrecy laws, and its effect to curb （遏制）severely the system of secrecy.The rules which the banks had agreed to observe made the opening of numbered accounts subject to much closer scrutiny than before.The banks would be required,if necessary,to identify the origin of foreign fund going into numbered and other accounts.The idea was to stop such accounts being used for dubious（可疑的）purposes.Also,they agreed not to accept funds resulting from tax evasion or from crime.The pact represented essentially a tightening up of banking rules.Although the banks agreed to end relations with clients whose identities were unclear or who were performing improper acts,they were still not obliged to inform on a client to anyone,including the Swiss government.To some extent,therefore,the principle of secrecy had been maintained.Swiss banks are tightening its banking rules by________.A:examining the origin of foreign funds before going into accountsB:preventing doubtful accounts from going into the bankC:refusal of funds from crimes or tax evasionsD:all of the above
共用题干第三篇Swiss BanksSince the early 1930s,Swiss banks had prided themselves on their system of banking secrecy and numbered accounts.Over the years,they had successfully withstood every challenge to this system by their own government who, in turn,had been frequently urged by foreign governments to reveal information about the financial affairs of certain account holders.The result of this policy of secrecy was that a kind of mystique had grown up around Swiss banking. There was a widely-held belief that Switzerland was irresistible to wealthy foreigners,mainly because of its numbered accounts and bankers' reluctance to ask awkward questions of depositors.Contributing to the mystique was theview,carefully propagated by the banks themselves,that if this secret was ever given up,foreigners would fall over themselves in the rush to withdraw money,and the Swiss banking system would virtually collapse overnight.To many,therefore,it came like a bolt out of the blue,when,in 1977,the Swiss banks announced they had signed a pact with the Swiss National Bank(the Central Bank).The aim of the agreement was to prevent the improper use of the country's bank secrecy laws, and its effect to curb （遏制）severely the system of secrecy.The rules which the banks had agreed to observe made the opening of numbered accounts subject to much closer scrutiny than before.The banks would be required,if necessary,to identify the origin of foreign fund going into numbered and other accounts.The idea was to stop such accounts being used for dubious（可疑的）purposes.Also,they agreed not to accept funds resulting from tax evasion or from crime.The pact represented essentially a tightening up of banking rules.Although the banks agreed to end relations with clients whose identities were unclear or who were performing improper acts,they were still not obliged to inform on a client to anyone,including the Swiss government.To some extent,therefore,the principle of secrecy had been maintained.Swiss banks took pride in________.A:the number of their accountsB:withholding client informationC:being mysterious to the outsidersD:attracting wealthy foreign clients
共用题干第三篇Swiss BanksSince the early 1930s,Swiss banks had prided themselves on their system of banking secrecy and numbered accounts.Over the years,they had successfully withstood every challenge to this system by their own government who, in turn,had been frequently urged by foreign governments to reveal information about the financial affairs of certain account holders.The result of this policy of secrecy was that a kind of mystique had grown up around Swiss banking. There was a widely-held belief that Switzerland was irresistible to wealthy foreigners,mainly because of its numbered accounts and bankers' reluctance to ask awkward questions of depositors.Contributing to the mystique was theview,carefully propagated by the banks themselves,that if this secret was ever given up,foreigners would fall over themselves in the rush to withdraw money,and the Swiss banking system would virtually collapse overnight.To many,therefore,it came like a bolt out of the blue,when,in 1977,the Swiss banks announced they had signed a pact with the Swiss National Bank(the Central Bank).The aim of the agreement was to prevent the improper use of the country's bank secrecy laws, and its effect to curb （遏制）severely the system of secrecy.The rules which the banks had agreed to observe made the opening of numbered accounts subject to much closer scrutiny than before.The banks would be required,if necessary,to identify the origin of foreign fund going into numbered and other accounts.The idea was to stop such accounts being used for dubious（可疑的）purposes.Also,they agreed not to accept funds resulting from tax evasion or from crime.The pact represented essentially a tightening up of banking rules.Although the banks agreed to end relations with clients whose identities were unclear or who were performing improper acts,they were still not obliged to inform on a client to anyone,including the Swiss government.To some extent,therefore,the principle of secrecy had been maintained.In the last paragraph,the writer thinks that________.A:complete changes had been introduced into Swiss banksB:Swiss banks could no long keep client informationC:changes in the bank policies had been somewhat superficialD:more changes need to be considered and made
共用题干第三篇Swiss BanksSince the early 1930s,Swiss banks had prided themselves on their system of banking secrecy and numbered accounts.Over the years,they had successfully withstood every challenge to this system by their own government who, in turn,had been frequently urged by foreign governments to reveal information about the financial affairs of certain account holders.The result of this policy of secrecy was that a kind of mystique had grown up around Swiss banking. There was a widely-held belief that Switzerland was irresistible to wealthy foreigners,mainly because of its numbered accounts and bankers' reluctance to ask awkward questions of depositors.Contributing to the mystique was theview,carefully propagated by the banks themselves,that if this secret was ever given up,foreigners would fall over themselves in the rush to withdraw money,and the Swiss banking system would virtually collapse overnight.To many,therefore,it came like a bolt out of the blue,when,in 1977,the Swiss banks announced they had signed a pact with the Swiss National Bank(the Central Bank).The aim of the agreement was to prevent the improper use of the country's bank secrecy laws, and its effect to curb （遏制）severely the system of secrecy.The rules which the banks had agreed to observe made the opening of numbered accounts subject to much closer scrutiny than before.The banks would be required,if necessary,to identify the origin of foreign fund going into numbered and other accounts.The idea was to stop such accounts being used for dubious（可疑的）purposes.Also,they agreed not to accept funds resulting from tax evasion or from crime.The pact represented essentially a tightening up of banking rules.Although the banks agreed to end relations with clients whose identities were unclear or who were performing improper acts,they were still not obliged to inform on a client to anyone,including the Swiss government.To some extent,therefore,the principle of secrecy had been maintained.According to the passage,the widely-held belief that Swisserland was irresistible to wealthy foreigners was________by banks themselves.A:denied B:criticizedC:reviewed D:defended
The Peasant Uprising of 1381 did not direct against（）Athe rich clergyBthe lawyersCthe landownersDthe town traders
The Peasant Uprising of 1381 did not direct against（）A、the rich clergyB、the lawyersC、the landownersD、the town traders
Your company’s organization is authoritative for the contoso.com domai.Your network contains a Windows Server 2008 R2 certification authority （CA）.You have an Exchange Server 2010 server named Server1.Server1 has the Client Access， Hub Transport， and Mailbox server roles installed. You plan to create a Federated Sharing relationship between your company and another company named Northwind Traders.Northwind Traders has an internal root CA.You need to install a certificate that can be used to create the federated trust.The solution must minimize costs. What should you do from Server1？（）A、Generate a self-signed certificate.B、Request a Computer certificate from the contoso.com CAC、Create a computer certificate request and submit the request to a third-party trusted CAD、Create a computer certificate request and submit the request to the Northwind Traders CA
单选题How do some students categorize the people in Northern Europe?AFierce warriors, pillagers and traders.BInvaders of Paris.CGreedy psychopaths,DRaiders of Baghdad.
单选题The Peasant Uprising of 1381 did not direct against（）Athe rich clergyBthe lawyersCthe landownersDthe town traders