对外经贸大学金融英语考试试题附答案

《金融英语阅读》期末考试试卷共7页对外经济贸易大学2000-2001学年第一学期ENG353《金融英语阅读》期末考试试卷（A）本试卷适用于：全校三年级各专业的学生（99级）学号：姓名：班级：成绩：1.Translatethefollowingfinancialterms.(20%)1)IDA2)SDR3)IFC4)OECD5)Clipping6)Laissez-faire7)Debasement8)MIGA9)Convertiblepapermoney10)inarrears1)扶贫(工作)2)大一统银行系统3)垂直管理体制4)霸权5)金本位制崩溃6)互惠主义7)银根紧缩8)差别价格9)收益差10)空头交易2.ParaphrasetheunderlinedwordsinEnglishaccordingtothetext.(15%)1《金融英语阅读》期末考试试卷共7页1)TheIFC'spolicyistofavorjointventuresthathavesomelocalcapitalcommittedattheoutset,oratleasttheprobabilityoflocalcapitalinvolvementintheforeseeablefuture.2)Todate,therehavebeennodefaultsonloansmadebytheWorldBank.3)RuggedindividualisticliberalismbaseduponAnglo-Saxonrootsknew,renderingtheirliberalideologyrigidanddogmatic.4)Thevalueofacommodityortokenusedasmoneyalsofluctuates,andwhenthereisinflation,itsvaluepersistentlyfalls.5)Theyputtheirreputationonthelinewhentheyendorseacompany'sreport.3．PleasetranslatethefollowingsentencesintoeitherChineseorEnglish(20%)1)Thewholeearthapproachtopoliticaleconomy--aworldview--remainstheexceptionandnottherule.Economistsnotethattheirdisciplinewastraditionallycalledpoliticaleconomy,thequeenofthesocialsciencesdatingbackatleasttoAdamSmith'sWealthofNations,publishedin1776.2)Bartercantakeplaceonlywhenthereisadoublecoincidenceofwants.AdoublecoincidenceofwantsisasituationthatoccurswhenpersonAwantstobuywhatpersonBissellingandpersonBwantstobuywhatpersonAisselling.3)政府对国际贸易中的小汽车和多数其它商品进行调控。他们对进口征收税款，称为关税，同时建立配额制，以对可能进口的数量进行限制。4)货币是为人们广为接受的，作为商品和服务支付手段的任何商品或辅币，货币有四种职能：交换媒介、价值尺度、储藏手段、延期支付手段。4．PleasefillinthefollowingblankswithONEappropriatewordineachblank.(15%)Thebalanceof_____________isastatisticalrecordof______________theeconomictransactionsbetweenresidentsofthereportingcountry_______________residentsoftherestoftheworldduringagiven__________period.Theusualreportingperiod____________allthestatisticsincludedintheaccountisoneyear.______________,someofthestatisticsthatmake____________thebalanceof2《金融英语阅读》期末考试试卷共7页paymentsarepublished_____________amoreregularmonthlyandquarterlybasis.Without_____________thebalanceofpaymentsisoneofthe___________importantstatisticalstatementsforanycountry.Itrevealshowmanygoodsand___________thecountryhasbeenexportingand____________andwhetherthecountryhasbeen_____________fromorlendingmoneytotherestoftheworld.____________addition,whetheror___________thecentralmonetaryauthority(usuallythecentralbank)hasaddedtoorreduceditsreservesofforeigncurrencyisreportedinthestatistics.5.Pleasereadthefollowing2articlesandbrieflyanswerthequestionsgiven.(20%).Article1Comparedwiththecentralbanksofsomeothercountries,theFederalReserveSystemoftheUnitedStateswhichhasahistoryofonlyabout80years,isrelativelyyoung.The“FederalReserveAct”passedbyAmericanCongressin1913aimsatprovidingarelativelysecureandflexiblebankingandmonetarysystem.Today,theFederalReserveSystemisaninstitutionwithregionaldispersion.Intermsofownershipandcontrol,therearerepresentativesofgovernmentinterestsaswellasprivateinterests.Thisisarecognitionofalong-standingconviction:theparticipationofprivatesectorisessentialtothecreditabilityandmanagementoftheCentralBank.Currently,theBoardofGovernorsoftheFederalReserveSystemconsistsofsevenmembers,appointedbythePresident,subjecttoSenateapproval.Eachmembermustcomefromadifferentgeographicalregion.InordertomaintainabalancebetweencentralsupervisioninWashingtonandparticipationofvariousregionsaswellasprivatesector,Congressestablished12regionalFederalReserveBank,eachprovidingserviceforageographicalregion.Asanindependentinstitutionalentity,theregionalbank,withaboardofdirectorsandmemberbanksasshareholders,isanimportantaspectoftheFederalReserveAct.Therearethreebasicfunctionsforthecentralbank:Firstly,theresponsibilityofthecentralbankistheformulationandexecutionofmonetarypolicy,withthetwingoalsofpromotionofpricestabilityathomeandstimulationofgenuinegrowthofeconomy.Thesegoalsarestillbethecoreofcentralbankpolicies.Anotherimportantresponsibilityofacentralbankisthesupervisionorparticipationinsupervision,toacertaindegree,ofthememberbanksandfinancialinstitutions.Asoundbankingandfinancialstructureiscrucialtoaneffectivemonetarypolicy.Confidenceinthehealthandsoundnessofthebankingandfinancialsystemwillfacilitatethemobilizationofsocialsavingswhich,inturn,willbeusedinproductiveinvestment,thuspromotingeconomicgrowth.Thethirdmajorfunctionofthecentralbankisthesupervisionoftheclearingmechanism.Areliableclearingmechanismwhichcansettleinter-banktransactionwithhighefficiencyiscrucialtoawell-operatedfinancialsystem.Whydoesitmatterwhetherthereiscertaindegreeofindependenceforacentralbank?3《金融英语阅读》期末考试试卷共7页Generallyspeaking,thegreatertheindependenceofthecentralbank,thelesslikelyitwillbecomethetargetofshort-termpoliticalpressure.Thecentralbankunderdirectregulargovernmentcontrolseemsinevitabletocarryoutarelaxedcreditpolicy,especiallyatatimeofapproachingelection.Whatisevenworse,itdirectlyprovidescapitaltocoverthegovernment’sdeficit.Althoughthesepoliciesmayberemedytothecriticalsituationofsomeshort-termproblems,theywillintheendproduceanupwardswin