首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Read the article below about education and answer the questions. For each question 23-28, choose the correct answer. Mark one
Read the article below about education and answer the questions. For each question 23-28, choose the correct answer. Mark one
admin
2013-01-10
67
问题
Read the article below about education and answer the questions.
For each question 23-28, choose the correct answer.
Mark one letter (A,B or C) on your Answer Sheet.
Chinese currency is the Renminbi (RMB) . It is also known as "yuan". The sign of it is " ¥ ", the same as that of Japanese currency. But Japanese currency is called "yen".
The Renminbi, China’s legal tender, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued by the State Administration of Exchange Control. China operates foreign exchange in a unified way, with the State Administration of Exchange Control exercising the functions and powers of exchange control.
Before 1994, the Chinese government managed the system as a dual-track foreign-exchange system. The dual-track system provided for two government-approved exchange rates, one was the official exchange rate, the other was the swap-market rate. The State Administration of Exchange Control (SAEC) set the official exchange rate for the RMB based on China’s balance of payments and the exchange rates of her major competitor countries, such as South Korea. In 1986, the SAEC first set the official rates at 3.72 RMB per dollar.
Primarily state-owned companies used the official exchange rate, mostly to buy Foreign Exchange Certificates (FECs) . FECs are a separate form of currency developed in 1980 for the foreigners to use when they paid for their expenses in China. But, in 1994, the People’s Bank of China stopped issuing FECs and gradually withdrew them from circulation.
The swap market, the other half of the dual-market system, was created in Shenzhen (the newly-built modern city located opposite Hong Kong) in 1985 for foreign and local businesses that had received official approval to exchange RMB and hard currency, there were quite a lot of swap centres, the one in Shanghai being the largest. During that period, about 80% of the hard-currency transactions in this country took place in the swap market. The swap rate was 8.7 RMB per dollar. The dual-track foreign exchange system was not favorable to China’s international trade and affected China’s application for joining the WTO. So in 1994 the Chinese government decided to close the swap centres. The swap centre in Shanghai was replaced by the National Foreign Exchange Centre, which is a national inter-bank centre at which authorized banks can trade and settle foreign currencies.
"Legal tender" in the 2nd paragraph means______.
选项
A、currency
B、Chinese currency
C、legal document
答案
B
解析
参看上题,前面提起人民币,逗号后面是对前面的词语解释,因此,“legal tender”意思是“法定货币”。
转载请注明原文地址:https://kaotiyun.com/show/1AbO777K
本试题收录于:
BEC初级阅读题库BEC商务英语分类
0
BEC初级阅读
BEC商务英语
相关试题推荐
•Readtheextractedreportbelowaboutbusinessintelligence.•ChoosethebestwordtofilleachgapfromA,B,CorDonthe
•Readtheextractedreportbelowaboutbusinessintelligence.•ChoosethebestwordtofilleachgapfromA,B,CorDonthe
•Readthearticlebelowaboutprofit.•Choosethebestsentencetofilleachofthegaps.•Foreachblank812markonelett
•Readthetextbel6waboutasuccessfulcompany.•ChoosethecorrectwordA,B,CorDontheoppositepagetofilleachgap.•F
•Readthetextbel6waboutasuccessfulcompany.•ChoosethecorrectwordA,B,CorDontheoppositepagetofilleachgap.•F
Questions13—18Lookatthearticleaboutthepollandthequestionsbelow.Forthequestion13-18,markoneletterA,B,CorD
ReadthearticlebelowaboutthecentralproblemofEconomics.Choosethebestwordtofilleachgap,fromA,B,CorD.Foreac
AstudenthastranslatedapieceofEnglishmaterialsinaChinesenewspaperbackintoEnglishandaskedyoutocheckit.Ineac
Thelighterversionspends______.
Pressathirdbuttonsothatthealarmisset.
随机试题
A.疏风清热,利湿解毒B.辛凉透表,清宣肺卫C.清凉解毒,透疹达邪D.清气凉营,解毒化湿E.清气凉营,通腑泻火治疗水痘毒炽气营证的治法是
甲状腺大部分切除术后发生呼吸困难和窒息与下列因素无关的是
小强因故意伤害行为而被公安机关立案侦查,在公安机关侦查期间,小强委托了律师张某为其提供帮助,张某在接受委托后就向公安机关提出要会见小强;后来该案件被移送人民检察院审查起诉,在此期间,小强委托他的好朋友小童作为他的辩护人。小童是一所中学的政治老师,接受委托后
科目汇总表账务处理程序的主要特点是定期地将所有记账凭证汇总编制汇总记账凭证,再根据汇总记账凭证登记总分类账。()
下列选项中,符合发生四级风险采取的措施的是()。
有的老师不爱写教案,直接在网上下载教案来用。对此,你怎么看?
“把一切事物教给一切人类的全部艺术”的提出者是
极限是否存在?
Accountinginformationisexpressedprimarilyinmonetaryterms.Themonetaryunitistheprimemeansofmeasuringassets.This
Amongalltheproposals,itwasquitepreferablethatMr.Li,averyexperiencedengineer,______thetask.
最新回复
(
0
)