国际金融中英文版Chapter 2:Payments among NationsSingle-Choice Questions1. A country ' s balance of payments records: 一个国家的国际收支平衡记录了 Ba. The value of all exports of goods and services from that countryfor a period of time.b. All flows of value between that c ountry ' s residents andresidents of the rest of the world during a period of time. 在——定时间段里，一个国家居民的资产和其它世界居民资产的流动c. All flows of financial assets that cross that country during a periodof time.s boid. All flows of goods into that country during a period of time.2. A credit item in the balance of payments is: 在国际收支平衡里的贷项是Aa. An item for which the country must be paid. 一个国家必须收取的条款b. An item for which the country must pay.c. Any imported item.d. An item that creates a monetary claim owed to a foreigner.3. Every international exchange of value is entered into the balance-of-payments accounts __________________ t ime(s). 每一次国际等价交换都记进国际收支帐户2次 Ba. 1b. 2c. 3d. 44. A debit item in the balance of payments is: 在国际收支平衡中的借项是Ba. An item for which the country must be paid.b. An item for which the country must pay. 一个国家必须支付的条款c. Any exported item.d. An item that creates a monetary claim on a foreigner.5. In a nation's balance of payments, which one of the following items isalways recorded as a positive entry? D 在国际收支中，下列哪个项目总被视为有利条项a. Changes in foreign currency reserves.b. Imports of goods and services.c. Military foreign aid supplied to allied nations.d. Purchases by foreign travelers visiting the country. 国外游客在本国发生的购买6. The sum of all of the debit items in the balance of payments: 在收支平衡中，所有贷项的总和Ba. Equals the overall balance.b. Equals the sum of all credit items.等于所有借项的总和c. Equals ‘ compensating ' transactions.d. Equals the sum of credit items minus errors and omissions.7. Which of the following capital transactions are entered as debits in theU.S. balance of payments? 下列哪个资本交易在美国的收支平衡中当作借项？Ba. A U.S. resident transfers $100 from his account at Credit Suissein Basel (Switzerland) to his account at a San Francisco branchof Wells Fargo Bank.b. A French resident transfers $100 from his account at WellsFargo Bank in San Francisco to his Credit Suisse account inBasel. 一个法国居民在旧金山的Fargo Bank用其帐户转帐100美金到位于巴塞尔的瑞士信贷户口c. A U.S. resident sells his IBM stock to a French resident.d. A U.S. resident sells his Credit Suisse stock to a French resident.8. An increase in a nation's financial liabilities to foreign residents is a: 一个国家对另一个国家金融负债的增加是一种 Ca. Reserve inflow.b. Reserve outflow.c. Capital inflow.资本流入d. Capital outflow.9. A ______ are money-like assets that are held by governmentsand that are recognized by governments as fully acceptable forpayments between them.官方国际储备资产是一种类似于钱的资产，这种资产由政府掌握并作为政府间的一种支付手段得到充分认可.a. Official international reserve assets 官方国际储备资产b. Unofficial international reserve assetsc. Official domestic reserve assetsd. Unofficial domestic reserve assetslO.Which of the following is considered a capital inflow ? 下列哪项被视为资本流入 Aa. A sale of U.S. financial assets to a foreign buyer. 美国一金融资产卖给一外国买家b. A loan from a U.S. bank to a foreign borrower.c. A purchase of foreign financial assets by a U.S. buyer.d. A U.S. citizen ' s repayment of a loan from a foreign bank.11.In a country ' s balance of payments, which of the following transactions are debits? 一个国家的收支平衡表中，哪个交易属于借项？Aa. Domestic bank balances owned by foreigners are decreased. 外国人拥有的国内银行资产的下降b. Foreign bank balances owned by domestic residents aredecreased.c. Assets owned by domestic residents are sold to nonresidents.d. Securities are sold by domestic residents to nonresidents.12. ___________ The role of D is to direct one nation savings intoanother nation ' s investm资金流的作用是指导一个国家的储蓄进入到另一个国家的投资a. Merchandise trade flowsb. Services flowsc. Current account flowsd. Capital flows 资金流13. The net value of flows of goods, services, income, and unilateral transfers is called the: 商品，服务，收入和单方面转让等现金流的净收益叫经常账目（户）Ba. Capital account.b. Current account.经常账目（户）c. Trade balance.d. Official reserve balance.14. The netvalue of flows of financial assets and similar claims （excluding official international reserve asset flows） is called the: 金融资产和类似的资产（官方国际储备资产流除外）的净值流叫Aa. Financial account.金融帐b. Current account.c. Trade balance.d. Official reserve balance.15. The financial accountin the U.S. balance of payments includes: 美国国家收支表中的金融帐包括： Ba. Everything in the current account.b. U.S. government payments to other countries for the use ofmilitary bases.美政府采用其它国家军事基地所需支付款项c. Profits that Nissan of America sends back to Japan.d. New U.S. investments in foreign countries.16. A U.S. resident increasing her holdings of a foreign financial assetcauses a: 一个美国居民增持一外国金融资产会引起 Da. Credit in the U.S. current account.b. Debit in the U.S. current account.c. Credit in the U.S. capital account.d. Debit in the U.S. capital account. 美国资本帐的借帐17. A foreign resident increasing her holdings of a U.S. financial assetcauses a: 一个美国居民增持本国一金融资产会引起Ca. Credit in the U.S. current account.b. Debit in the U.S. current account.c. Credit in the U.S. capital account.美国资本帐的贷帐d. Debit in the U.S. capital account.18. A deficit in the current account: 经常帐户中的赤字Aa. Tends to cause a surplus in the financial account.会导致金融帐中的盈余b. Tends to cause a deficit in the financial account.c. Has no relationship to the financial account.d. Is the result of increasing exports and decreasing imports.19.ln September, 2005, exports of goods from the U.S. decreased $3.3billion to $73.4 billion, and imports of goods increased $3.8 billion to $144.5 billion. This increased the deficit in:2005 年8 月，美国商品出口降低了33亿美元，共734亿美元；商品进口上升到1145亿美元, 上长了38亿.这样增加了哪个方面的赤字？ Ca. The balance of payments.b. The financial account.c. The current account. 经常帐户d. Unilateral transfers.20. Which of thefollowing would contribute to a U.S. current account surplus?以下哪项有助于美国现金帐的盈余？ Ba. The United States makes a unilateral tariff reduction on importedgoods.b. The United States cuts back on American military personnelstationed in Japan.美国削减在日本的军事人员c. U.S. tourists travel in large numbers to Asia.d. Russian vodka becomes increasingly popular in the UnitedStates.21. Which of the followingtransactions is recorded in the financial account ?以下哪个交易会被当作金融帐 Aa. Ford motor company builds a new plant in China 福特摩托公司在中国设立车间b. A Chinese businessman imports Ford automobiles from theUnited States.c. A U.S. tourist spends money on a trip to China.d. The New York Yankees are paid $10 million by the Chinese toplay an exhibition game in Beijing, China.22.lf a British business buys U.S. government securities, how will this beentered in the balance of payments? 女口果一英国商人购买了美国政府的债券，那么这个交易在收支平衡表中会被当作是？b. It will appear in the trade account as an export.c. It will appear in the financial account as an increase in U.S.assets held by foreigners会被当作是外国人所有的美国资产增长d. It will appear in the financial account as a decrease in U.S. assetsheld by foreigners.23.ln the balance of payments, the statistical discrepancy or error term is used to: 在收支平衡表中，统计差异与错误项目会用来确保借帐总和跟贷帐总和一致Aa. Ensure that the sum of all debits matches the sum of all credits.b. Ensure that imports equal the value of exports.c. Obtain an accurate account of a balance-of-payments deficit.d. Obtain an accurate account of a balance-of-payments surplus.24.0fficial reserve assets are: 官方储备资产是 Ba. The gold holdings in the nation ' s central bank.b. Money like assets that are held by governments and that arerecognized by governments as fully acceptable for paymentsbetween them.官方国际储备资产是一种类似于钱的资产，这种资产由政府掌握并作为政府间的一种支付手段得到充分认可c. Government T-bills and T-bonds.d. Government holdings of SDR ' s25. Which of the following constitutesthe largest component of the world ' s international reserve assets? 下列哪项构成了世界国际储备资产的大部份？Da. Gold.b. Special Drawing Rights.c. IMF Reserve Positions.d. Foreign Currencies. 夕卜汇（币）26. The net accumulation of foreignassets minus foreign liabilities is: 海外净资产的积累减去外债等于Ca. Net official reserves.b. Net domestic investment.c. Net foreign investment.国外投资净值d. Net foreign deficit.27. A countryexperiencing a current account surplus: 一个国家经历经常帐户的盈余Ba. Needs to borrow internationally.b. Is able to lend internationally.就有能力向外放贷c. Must also have had a surplus in its "overall" balance.d. Spent more than it earned on its merchandise and service trade,international income payments and receipts and internationaltransfers.28. ______ The ____ C measures the sum of the current account balanceplus the private capital account balance. 官方结算差额是指经常帐户余额的总和加上私人资本帐（B=CA+FA,FA:为非官方投资和储备）a. Official capital balanceb. Unofficial capital balancec. Official settlements balance 官方结算差额d. Unofficial settlements balance29.If the overall balance is in Al ________ , there is an accumulation ofofficial reserve assets by the country or a decrease in foreign official reserve holdings of the country's assets.女口果综合差额处于盈余，那么会出现本国官方储备资产的积累或者国外官方储备的减少（B=CA+FA,B+OR=0 ，OR:官方储备金额）a. Surplus 盈余b. Deficitc. Balanced. Foreign hands3O.Which of the following is the current account balance NOT equal to?以下哪项不等同于现金帐 Da. The difference between domestic product and domesticexpenditure.b. The difference between national saving and domestic investment.c. Net foreign investment.d. The difference between government saving and governmentinvestment.政府储蓄与政府投资的差值True/False Questions31. Capit al inflows are debits and capital outflows are credits. 资金流入是借项，资金外流是贷项32. The net value ofthe flow of goods, services, income, and gifts is the current account balance. (T) 商品，服务,收入和单方面转让等现金流的净收益叫经常账目余额33. The net flow offinancial assets and similar claims is the private current accountbalance.金融资产和类似的资产的净值叫经常帐目余额34. The majority of countries' official reserves assets are now foreignexchange assets, financial assets denominated in a foreign currency that is readily acceptable in international transactions. (T) 大部份官方储备资产作为以外汇资产和金融资产为命名的外币在世界上交易与流通.35. A country's financial account balance equals the country's net foreigninvestment. 一个国家的金融帐差额相当于一个国家的净国外投资36. A country has a current account deficit if it is saving more than it isinvesting domestically.一个国家如果在国内的储蓄比投资要大，那么会出现经常账目赤字37. The official settlements balance measures the sum of the capitalaccount balance plus the public current account balance. 官方结算差额是资金帐户余额的总额加上公共经常帐户余额38. A nation's international investment position shows its stock ofinternational assets and liabilities at a moment in time. (T) 一个国家的国际投资状况反映出它在特定时间里的国际资产股份以及债务情况.39. A nation is a borrower if its current account is in deficit during a timeperiod. (T)在一段时间内，如果一个国家的经常帐出现赤字，那么它就是借方.40. A nation is a debtor if its net stock of foreign assets is positive. 如果一个国家的国外资产净储备是正数，那么它是借方(债务方)41. A transaction leading to a foreign resident increasing her holdings of aU.S. financial asset will be recorded as a debit on the U.S. financialaccount.如果一项交易引起一外国居民增持美国金融资产的股份，那么这项交易在美国金融帐中会被当作借项42. A credit item is an item for which a country must pay. 贷项是指个国家必须还款的条项43. Gold is a major reserve asset that is currently often used in officialreserve transactions.黄金作为主要的储备资产，常被用在官方储备交易当中.44. The current account balance is equal to the difference betweendomestic product and national expenditure.(T) 经常项目余额等于国民生产与国民支出的差额45.ln 2007 U.S. households, businesses and government were buyingmore goods and services than they were producing.(T) 2 0 0 7 年，美国家庭,商业,政府购买的商品和服务比他们生产(商品和服务)的要多.46。