北京语言大学13春《金融英语》（商务方向）作业3

13春《金融英语》（商务方向）作业3
试卷总分：100
单选题
一、单选题（共 20 道试题，共 100 分。）
V
1. The buyer and seller of a futures contract make their contract not with each other but with the ___ associated with the futures exchange.
A. commercial house
B. commission house
C. clear house
D. clearing house
此题选: D 满分：5 分
2. From the beginning of this year to October, the stock market has been in a ___ of continuous rising of price.
A. procedure
B. course
C. process
D. pass
满分：5 分
3. Most market participants prefer to ___ futures positions, rather than to make actual delivery.
A. offset
B. save
C. make up
D. match
满分：5 分
4. You can buy the dollars forward to reduce or eliminate the risk of an ___ movement in exchange rates.
A. inverse
B. adverse
C. bad
D. diverse
满分：5 分
5. Overbuying will surely lead to the ___ of the market.
A. go down
B. collapse
C. reduction
D. falling
满分：5 分
6. More or less, foreign exchange dealing ___ a gamble on exchange rates.
A. involves
B. is involved in
C. includes
D. is involved with
满分：5 分
7. Futures markets provide a current consensus of knowledgeable opinions about the future price of commodities or financial ___.
A. instruments
B. instructions
C. institutions
D. equipment
满分：5 分
8. The only variable in the futures contract is price which is discovered on an exchange-trading ___.
A. ground
B. house
C. centre
D. floor
此题选: D 满分：5 分
9. Foreign exchange dealing is more or less like a ___ gamble on exchange rates.
A. calculated
B. malicious
C. deliberate
D. on purpose
满分：5 分
10. Because of overbuying, the shares have heavily___.
A. appreciated
B. overvalued
C. increaced
D. depreciated
满分：5 分
11. The fuction of futures markets are price ___, price risk hedging, and improving market efficiency.
A. invention
B. discovery
C. founding
D. reading
满分：5 分
12. Anyway, either ___ of action runs a risk.
A. piece
B. time
C. course
D. one
满分：5 分
13. In fact, when I bought the contract, the price was still falling ___ a week later.
A. until
B. before
C. unless
D. after
满分：5 分
14. The futures market is used primarily for either risk management or ___, and neither purpose requires delivery.
A. gamble
B. venture
C. speculation
D. adventure
满分：5 分
15. There are two different types of options: ___ and puts.
A. buying
B. selling
C. calling
D. calls
此题选: D 满分：5 分
16. One economic function provided by futures exchanges is price risk management, also known as ___.
A. evasion
B. hiding
C. hedging
D. avoiding
满分：5 分
17. Futures prices are ___ for delivering a designated quality and quantity of grain to a specified place and time.
A. quotes
B. quotations
C. cites
D. citations
满分：5 分
18. Those two futures contracts ___ me for a whole week.
A. have been worried
B. have worried
C. have been worrying
D. have worried about
满分：5 分
19. A financial institution which has ___ of a shorter reprising period than its assets.
A. debts
B. hocks
C. liabilitiesshares
满分：5 分
20. It is important to realize that option ___ need not be speculative.
A. reading
B. opening
C. issuing
D. writing
此题选: D 满分：5 分