国际结算（英文版）清华大学出版社-答案KEY OF INTERNATIONAL SETTLEMENTChapter 1I.Put the following phrases into English2.Put the following sentences into English (1)国际结算涉及有形贸易和无形贸易，外国投资，从其他国家借贷资金，等等。
The international settlement involvestangible trades, intangible trades, foreign investments, funds borrowed from or lent to other countries and so on.(2)许多银行注重发展国际结算和贸易融资的业务。
Many banks have focused on their business of international settlement and trade finance.(3)大多数国际间的支付来自于世界贸易。
Most of the international payments originate from transactions in the world trade.(4)一般来说，国际结算的方式分为三类：汇款、托收和信用证。
Usually the international settlement isdivided into three broad categories:remittance, collection and letter of credit.3.True or False1)I nternational payments and settlementsare finan cial activities con ducted in the domestic coun try. (F)2)F und transfers are processed and settledthrough certain clearing systems.(T)3)Using the SWIFT network, banks cancomm uni cate with both customers andcolleagues in a structured, secure, andtimely mann er.(T)4)SWIFT can achieve same day transfer.(T)4.Multiple Choice1)SWIFT is _B__A.i n the united statesB.a kind of comm uni cati ons bel onging to TTsystem for interbank ' s fund transferC.an in stituti on of the Un ited Nati onsD.a gover nmen tai orga ni zati on2)SWIFT is an organization based in A ______A.BrusselsB.New YorkC.LondonD.Hong Kong3)A facility in fund arrangement for buyersor sellers is referred to A ______A.t rade financeB.sale con tractC.l etter of creditD.bill of excha nge4)Fund transfers are processed and settledthrough __C ___A.banksB.SWIFTC.cleari ng systemD.t elecomm uni cati on systems5)__C__is the reason why internationaltrade first bega n.A.Uneven distribution of resourcesB.Patter ns of dema ndC.Econo mic ben efitsparative adva ntages5.An swer the followi ng questi ons1)W here are the medium of excha nge origi natedfrom?Traci ng back the history of in ter nati onal settlement, the medium of exchangeorigi nated from coins to no tes.2)What will in evitably lead to un der theinternational political, economic andcultural excha nges?cultural exchange inevitably leads to credits and debts owed by one country to another.3)W hy do banks focus on the development of thebusinesses of international settlement?Banks focus more and more on the developmentof the businesses because it is a majorresource of profits.4)W hat will banks do to meet the higher andhigher demand of the international market?Banks need to develop innovative products and deliver the best services possible inwhatever way they can.Chapter 21.Put the following phrases into English2.Put the following sentences into English (1)用于国际结算的货币是可兑换的货币•Curre ncies used in the in ter nati onalsettleme nt are con vertible curre ncies. (2)每一个通信和支付系统都有自己的使用规贝薦Each comm uni cati on and payme nt systemhas its own rules.(3)有五种美元清算的方式。
There are five US dollar fund transfer payme nt methods.(4)欧元是欧盟国家使用的货币。
Euro is the si ngle curre ncy of theEuropean Union.(5)香港作为国际金融中心必须遵循国际惯例。
As an international financial center, HongKong must follow international paymentpractice.3.True or False1)C HIPS payments are irrevocable and subject toa same-day net settlement process.(T)2)B ook transfers are payment made betweenparties that maintain accounts at thedifferent bank.(F)3)I n Japan, cash is not far more often usedthan checks for payment at the retaillevel.(F)4)N ot later than July 2002, the Euro willreplace the national currencies in all public and private transactions.4.Multiple Choice1)The following are the special problems forintern ati onal trade except for __C__ing foreign Ianguages and foreigncurre nciesB.under foreign laws, customs andregulati onsC.hav ing risksD.n umerous cultural differe nces2)All the parties to a collection are boundby C__A.UCP400B.UCP500C.UCR522D.URC2543)An additional risk borne by the sellerwhengranting a credit to the buyer is that the latter will not __D _A.accept the billB.t ake up the docume ntsC.t ake deliveryD.make payme nt at maturity4)To the exporter, the fastest and safestmethod of settleme nt is __BA.l etter of creditB.advanee paymentC.collectio nD.banker' s draft5)To the importer, the fastest and safestmethod of settleme nt is __C_ —A.l etter of creditB.cash in advaneeC.ope n acco untD.banker' s draft6)Which is the real in ter nati onal payme ntsystem? AA.TARGETB.FedWireC.CHAPSD.SWIFT5.An swer the followi ng questi ons1)How will fund transfers be processed andsettled?Fund tran sfers are processed and settledthrough certai n cleari ng systems.2)What is FedWire?FedWire is an electro nic payme nt systemoperated by the U.S. Federal Reserve. It si used to makeUSdollar payments to banks andtheir customers throughout the United States.3)When will the euro start to use?From January 1,1999, Euro is the sin glecurre ncy of the Europea n Union.4)What is the stro ngest of SWIFT?The strongest feature of SWIFTis messagetext sta ndards.Chapter 31.Put the following phrases into English2.Put the following sentences into English (1)两家银行建立代理行关系的原则是基于双方的互惠互利The overall principle to establishcorrespondent banking relationship betweentwo banks is on the basis of mutual benefits.(2)一家银行对其所在国金融系统的重要性是对该银行进行评级的重要因素。