金陵科技学院《国际结算》(英文版)习题集

《国际结算》（英文版）习题集Chapter1:InternationalSettlementunderGlobalization5.Pleasedecidewhetherthefollowingstatementsaretrueorfalse.(1)Greaterimportsofferconsumersawidervarietyofgoodsathigherprices,whileprovidingstrongincentivesfordomesticindustriestoremaincompetitive.()(2)Informationtechnologymakestheinternationaltrademoreefficientthanever.()(3)Internationallendingisoftenaccompaniedbyinternationalpayments.()(4)UnderthetermCFR,itistheseller’sresponsibilitytoinsurethegoodstransported.(5)Cashinadvance,openaccount,collectionanddocumentarycreditaretheusualmethodsofpaymenttosettleinternationaltradetransactions.()(6)Totheexporterofgoods,themostsatisfactoryarrangementasfaraspaymentisconcernedistoreceiveitinadvance.()(7)Tradeonopenaccountarrangementusuallysatisfiestheseller’sdesireforcashandtheimport’sdesireforcredit.()6.Pleasechoosetheanswerstoeachofthefollowingquestions.(1)internationalpaymentsandsettlementsmayarisefrom().A.commercialpaymentsB.paymentsfortheservicesrenderedC.paymentsbetweengovernmentsD.transferoffundsamongcountries.(2)Anadditionalriskbornebythesellerwhengrantingacredittothebuyeristhatthelatterwillnot_______.A.acceptthebillB.takeupthedocumentsC.takedeliveryD.makepaymentatmaturity(3)Totheexporter,thefastestandsafestmethodofsettlementis_____.A.letterofcreditB.advancepaymentC.collectionD.banker’sdraft(4)Totheimporter,thefastestandsafestmethodofsettlementis_____.A.letterofcreditB.cashinadvanceC.openaccountD.banker’sdraft7.Pleaseanswerthefollowingquestions.(1)Explainthedefinitionofinternationalsettlement.(2)Howmanymaintypesofinternationalsettlementmethodsareusedintheinternatinaltrade?(3)Whataretheliabilitiesofaexporterintheinternationalsettlement?Chapter2:InternationalClearingSystemsAndSWIFT5.Pleasedecidewhetherthefollowingstatementsaretrueorfalse.(1)Sincethe1950's,theUSdollarhasbeentheprimarycurrencyforthesettlementofinternationalpayments.()(2)Tofacilitateautomatedpayments,CHIPShasassignedafour-digitUniversalIdentificationNumber(UID)tobanks,branches,subsidiariesandcorporatecustomersaroundtheworldthatmaintainaccountswiththeirCHIPSparticipants.()(3)EuroisthenewsinglecurrencyusedbytheEuropeanCouncil.TherearetwotypesofvaluetransferaboutEuropaymenttransactionsystems(TARGETandEuro1).()6.Pleasechoosetheanswerstoeachofthefollowingquestions.(1)Currenciessuchas()usedintheinternationalsettlementareconvertiblecurrencies.A.USDB.JPYC.EURD.GBP(1)USdollarclearingsystemsdonotinclude().A.CHIPSB.FEDWIREC.book-transferD.ACHE.CHAPS(2)internationalpaymentsandsettlementsmayarisefrom().A.commercialpaymentsB.paymentsfortheservicesrenderedC.paymentsbetweengovernmentsD.transferoffundsamongcountries.(3)Allthepartiestoacollectionareboundby____________.A.UCP400B.UCP500C.URC522D.URC254Chapter3:CorrespondentBanking5.Pleasedecidewhetherthefollowingstatementsaretrueorfalse.(1)Inasense,banksthemselvesarethebestcustomersforeachother.()(2)Correspondentrelationshipisdispensableinconductinginternationalbankingbusiness.()(3)Besidesvostroaccounts,mostaccountsopenedbythebankwithvostroaccountareinvestmentaccounts.()(4)Abank’saccesstoforeignexchangecannotberatedhigherthanthatofitscountry.()(5)Ratioofliquidityassetsreferstotherationofthoseassetscanbeshiftedintopayableinstruments.Thesmallertheratio,thebettertheliquidityabankwillhave.()6.Pleasechoosetheanswerstoeachofthefollowingquestions.(1)Aftertheestablishmentofcorrespondentrelationship,twobanksshouldexchange()witheachother.A.authorizedsignaturesbookB.testkeyC.SWIFTkeyD.scheduleoftermsandconditions(2)Creditlineestablishmentforcorrespondentisoneofthemostimportantworks.Banksusuallyhaveaspecialdepartmenttobeinchargeofrisk.Riskmayinclude().A.countryriskB.ratingbankriskC.politicalriskD.currencyandinterestrisk(3)Thereceivingbankverifiesthisnumberwiththearrangementsoastobecertainthatthe()issentbyaparticularbank.A.CableB.TelexC.EmailD.Telephone7.Pleaseanswerthefollowingquestions.(1)Whataretypesofaccountsfromwhichtheaccountholdingbankcanrenderservices?(2)Whatthestepsaretakenbyabanktograntcreditline?Chapter4:Instruments5.Pleasedecidewhetherthefollowingstatementsaretrueorfalse.(1)Thetimedraftwhichpaymentistobemadeatspecifiedfuturetimeiscalledtenordraft.()(2)Fromtheimport'spointofview,theidealarrangementistodrawasightdraftunderadocumentarycredit,andtoreceivepaymentofitimmediatelyuponpresentation.()(3)Abanker'sdraftisanegotiableinstrumentdrawnpayabletoorderbyabankasdraweronthesamebankasdrawee.()(4)Achequeisademandbankdraft.()(5)Adraftisaconditionalorderinwriting.()(6)Thereisnoacceptorinapromissorynote.()(7)Apromissorynoteisanunconditionalorderinwriting.()(8)Thereareonlytwopartiesinapromissorynote.()(9)Inapromissorynote,themakeranddraweearethesameperson.()(10)Atermbillmaybeacceptedbytheendorser.()(11)InthecaseofMT,theremittingbankissuesadrafttoitscustomer,andinstructsitsforeignbranchorcorrespondentbymailtomakethepaymenttothebeneficiary.()(12)Draftswhicharepayableatafuturedatearecalleddemanddrafts.()(13)Bankshavenoliabilityforanydelayorlosscausedbypostalortelexfailure.(14)Promissorynotesarecommercialdocuments.()(15)Int