金融英语(FECT)考试模拟练习题大汇总.doc

ofthe following isnot afunction ofmoney? ______. asamedium ofexchange asaunit ount asastore ofvalue adouble coincidence ofwants asameans ofpayment price inthe foreign exchange market iscalled ______. trade surplus exchange rate money price currency rate risk refers tothe risk of______. prices fluctuations payments ofthe following isnot among the generally accepted accounting principles? ______. basis concern measurement. isadocumentary letter ofcredit? ______. bank undertaking topay anexporter onproduction ofstipulated documentation oflending against documentary security trade settlement system biased infavour of importers ofthe above agroup ofassets reduces risk aslong asthe assets ______. perfectly correlated independent have precisely the same pattern ofreturns acorrelation coefficient greater than one , payable inmoney goods, orservice, owed byabusiness toacreditor, isknown asa/an . function ismoney serving when you buy aticket toamovie? ______. ofvalue ofexchange demand ount expect that the future price ofsterling will belower, the ______. ofsterling will increase, demand for sterling will fall, and the exchange rate will fall ofsterling will increase, demand for sterling will rise, and the exchange rate may ormay not increase ofsterling will fall, demand for sterling will increase, and the exchange rate will rise ofsterling will fall, demand for sterling will fall, and the exchange rate may ormay not fall 10. The documentary collection provides the seller with agreater degree ofprotection than shipping on______. account 's letter ofgu