A.The foreign banks.B.The locally incorporated banks.C.The government.D.Inhabitant in
A.The foreign banks.
B.The locally incorporated banks.
C.The government.
D.Inhabitant in Hong Kong.
A.The foreign banks.
B.The locally incorporated banks.
C.The government.
D.Inhabitant in Hong Kong.
What is called correspondent banking?
A.The bank which provides additional banking services.
B.The provision of banking services to other banks.
C.The particular ancillary services provided to foreign countries.
D.The bank issuing credit cards.
听力原文: Banker's acceptances often arise in foreign trade. A business buying goods from abroad where it is not well known and does not have other credit arrangements will first obtain a letter of credit from its own bank. The letter will authorize the foreign seller to draw a draft on the company's bank. A draft, or bill of exchange, as it is sometimes called, is a debt instrument. It can be made payable on sight, that is, upon presentation, payable upon arrival of merchandise, or payable in a fixed number of days. A draft can be made payable in, say, 30 days after it is presented to the bank against which it is drawn. This draft can be discounted at the seller's bank so that the seller receives immediate payment.
24. What gives rise to the bankers' acceptance?
25.In how many days can a draft be made payable after it is presented to the bank against which it is drawn?
26.How can the seller receive immediate payment if the draft is made payable on a future date?
(24)
A.The money markets.
B.The banks.
C.The international trade.
D.The buying of goods in the markets.
What gives rise to the bankers' acceptances?
A.The money markets.
B.The banks.
C.The international trade.
D.The buying and selling of goods.
A.The local bank in the area.
B.Business companies.
C.Brokers in the Federal Funds.
D.Correspondent banks.
In London, a premium on a foreign exchange rate means ______.
A.the foreign currency is dearer
B.the foreign currency is cheaper
C.the foreign currency is less valuable
D.it has no relevance at all
Foreign language teaching is________art as well as________science.
A.the,the
B.all,a
C.an,不填
D.the,不填
The price in the foreign exchange market is called ______.
A.the trade surplus
B.the exchange rate
C.the money price
D.the currency rate
A.The Queen of Britain
B.The Foreign and Commonwealth Office
C.The Prime Minister and Cabinet
D.The Ministry of Defence and the Treasury
The term foreign exchange is best defined by the following statement: it is ______.
A.the rate of exchange between two currencies
B.synonymous with currency exchange
C.the place in which foreign currencies are exchanged
D.an instrument such as paper currency, note, and check used to make payments between countries