听力原文：A currency swap is a second technique for hedging long-term transaction exposure to exchange rate fluctuations.(10)A．A currency swap is a better way to convert the long-term transaction into a spot transaction.B．A currency swap makes long-term transaction exposure to exchange rate fluctuations.C．A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations.D．A currency swap can in no way reduce the risk of exchange rate fluctuations.
听力原文：A currency swap is a second technique for hedging long-term transaction exposure to exchange rate fluctuations.
(10)
A．A currency swap is a better way to convert the long-term transaction into a spot transaction.
B．A currency swap makes long-term transaction exposure to exchange rate fluctuations.
C．A currency swap is a better way to reduce the risks of the long-term transactions owing to the exchange rate fluctuations.
D．A currency swap can in no way reduce the risk of exchange rate fluctuations.
相关考题：
对话理解听力原文：M: Can I open a foreign currency account and convert my money into a currency which offers the highest interest?W: Yes, we can arrange that for you, but foreign currency exchange rates are subject to fluctuation and sometimes you will suffer losses.Q: What does the woman mean?(11)A．Interest rate of a foreign currency is much higher.B．There are risks of losing money sometimes to open a foreign currency account.C．Foreign currencies exchange rates are relatively stable.D．It is advisable to open a foreign currency account.
In London, a premium on a foreign exchange rate means ______.A．the foreign currency is dearerB．the foreign currency is cheaperC．the foreign currency is less valuableD．it has no relevance at all
－ ()－ Today’s rate is listed on the board here. A、What’s the exchange rate todayB、What kind of currency do you want to exchange forC、What’s the amount you’d like to exchange
－ Can I exchange foreign currency in Bank of China －() A、No, you can’t. Bank of China is not responsible for exchanging foreign currency.B、Yes, you can. Bank of China is an authorized foreign exchange bank.C、No, you can’t. Bank of China is not open on Sundays.
The term foreign exchange is best defined by the following statement: it is ______.A．the rate of exchange between two currenciesB．synonymous with currency exchangeC．the place in which foreign currencies are exchangedD．an instrument such as paper currency, note, and check used to make payments between countries
听力原文：In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date.(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.
A major problem with a fixed exchange rate system is that when countries run foreign trade deficits, ______.A．there is no self-correcting mechanismB．currency values become unstableC．the value of the reserve currency declinesD．world inflation increases
听力原文：They specialize in long-term savings accounts and usually lend money for mortgages.(5)A．They usually hold savings accounts.B．They have current accounts.C．They specialize in long-term savings accounts and mortgages.D．They deal in short-term savings accounts.
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
听力原文：Typical foreign exchange transactions involve trades of one currency for another in the spot or cash market, or forward transactions.(3)A．Forward transactions is not of typical foreign exchange transactions.B．Typical foreign exchange transactions occur in the spot or cash market.C．Forward transactions don't occur in the spot or cash market.D．Typical foreign exchange transactions occur only in the spot market.
听力原文：Theoretically, the forward price for a currency can be identical with the spot price. However, it in practice is almost always either higher or lower than the spot price.(6)A．The forward price for a currency is always the same with the spot price.B．The forward price for a currency is always different from the spot price.C．Theoretically, the forward price is almost always either higher or lower than the spot price.D．Theoretically, the forward price for a currency is always the same with the spot price.
短文理解听力原文： Spot transaction means the actual and variable amount of the currency of one country which at any given time, can be bought for a fixed sum in the currency of another country. It is a term meaning that these transactions are settled on the second working day from the date of the deal. For example, you buy $ 5,000.00 US dollars on October 10th( say Wednesday) , the purchased US dollars will value on October 12th.21. What does spot transaction mean?22.When are the spot transaction settled?23.What's the value date for purchase of $ 5,000.00 US dollars in the passage?(21)A．It means that at any time you can buy currency of one country for another currency.B．It means that the actual and variable amount of one currency can be bought for a fixed sum in another currency at any given time.C．It means that any kind of currency can be bought at any time for another currency.D．It means that the actual and fixed amount of the currency of one country at any time can be bought for a variable sum in the currency of another currency.
The price in the foreign exchange market is called ______.A．the trade surplusB．the exchange rateC．the money priceD．the currency rate
When a country runs a foreign trade deficit under a flexible foreign exchange rate system, its ______.A．imports automatically increaseB．currency automatically depreciatesC．exports automatically declineD．currency automatically appreciates
按照期限分，掉期外汇交易不包括（）。A、纯粹掉期（Pure Swap）B、一日掉期（One-day Swap）C、即期对远期掉期（Spot-Forward Swap）D、远期对远期掉期（Forward-Forward Swap）
How can swap file performance in Windows 2000 Professional be increased？（）A、limit the Swap File to one physical diskB、distribute the Swap File among multiple physical disksC、distribute the Swap File over multiple partitions on the same physical diskD、limit the size of the Swap File to the amount of RAM + 2 MB
One of the is sues that have to be resolved in an export transaction is the currency to（）in the payment clause.A、InB、OnC、WithD、At
How should the following UDF be invoked in order to convert US currency values stored in the EXPENSES table into Canadian currency?CREATE FUNCTION getratews11 ( country1 VARCHAR(100), country2 VARCHAR(100) ) RETURNS DOUBLE LANGUAGE SQL CONTAINS SQL EXTERNAL ACTION NOT DETERMINISTIC BEGIN ... END（）A、CALL getratews11('USA','CANADA')B、CALL expenses.getratews11('USA','CANADA')C、SELECT getratews11('USA','CANADA') FROM expensesD、SELECT * FROM TABLE(getratews11('USA','CANADA')) AS convert_currency
Through which action are Currency Codes created？ （）A、 select New Row in Currency Codes applicationB、 select Action Currency Codes in the Database Configuration applicationC、 select an Organization in the Currency Codes application and add a new rowD、 select the Base Currency lookup in the Organizations application and add a new row
问答题Practice 10 The U. S. Dollar is the currency most often used in international trade. If the currency of export sales is different from the currency of the exporting country, for example a Japanese exporter sells in U.S. Dollars, the exporter may encounter exchange risks-risks from fluctuations in exchange rates, for example between the U. S. Dollar and the Japanese Yen. In case of the Yen appreciation at the time of converting the U.S. Dollar to the Yen, the exporter will get less Yen per U.S. Dollar. Conversely, in case of the Yen devaluation the exporter will get more Yen per U.S. Dollar. Hence, in time of currency appreciation in the exporting country, it is important that the exporter ships the goods earlier, unless an earliest date for shipment is stipulated in the L/C or has been agreed upon between exporter and importer, and present the negotiating documents to the bank immediately. The exporter may contract with the bank to sell the U.S. Dollar forward in a so-called forward exchange, at a predetermined rate on an agreed future date, thus he/she will not be affected by the currency appreciation and will receive a fixed amount in his/her own currency at a future date.
单选题按照期限分，掉期外汇交易不包括（）。A纯粹掉期（Pure Swap）B一日掉期（One-day Swap）C即期对远期掉期（Spot-Forward Swap）D远期对远期掉期（Forward-Forward Swap）
单选题Through which action are Currency Codes created？ （）A select New Row in Currency Codes applicationB select Action Currency Codes in the Database Configuration applicationC select an Organization in the Currency Codes application and add a new rowD select the Base Currency lookup in the Organizations application and add a new row
单选题One of the is sues that have to be resolved in an export transaction is the currency to（）in the payment clause.AInBOnCWithDAt