报：国际金融　试科目：国际金融

说明：用英语命题和答题
attention:allquestionsmustbeansweredinenglish

1.explainthefollowingterm30points)
<1>jointintervention
<2>hultiplecurrencyreservesystem
<3>freeconvertibility
<4>exchangeequalizationfund
<5>spotexchangedealings
<6>internationalliquidity
<7>interextrateswap
<8>foreigndirectinvestment
<9>syndicatedloan
<10>euro-bonds

2.explainbrieflytheevolutionofchina'srenminbiexchangeratesystemfrom1949topresenttime.(15points)

3.compilecountryA'sbalanceofpaymentsstatementendingJune30,1993withthedataofthefollowingeconomictractions(15points)
(1)familymaintenanceremittanceaofforeignresidenceincountryAtotheirhometotalled
US$6000000.
(2)countryBcontributedUS$1000000tohelpcountryAtideoveraflood.
(3)countryA'stouristsspentUS$1000000abroad.
(4)countryAimportedgoodsfromothercountriesamountingtoUS$120000000(C.L.F),inwhichfreighttotalledUS$2500000andinsuranceUS$1000000.
(5)countryAexportedgoodstoothercountriesamountingtoUS$100000000(F.O.B).
(6)countryCsuppliedfoodandbeverageworth
US$50000toitsembassyincountryA.
(7)foreignenterprisesincountryAremmitedtheirinvestmentporfittotallingUS$5000000totheircountries.
(8)countryA'soverseasenterprisesremitted
backtheirearningstotallingUS$3000000.
(9)privateenterprisesinothercountriesinvestedUS$20000000tosetuptheirsubsidiariesincountryA.
(10)insuranceprimiumreceivedbycountryA'scompaniesamountedtoUS$500000.
(11)freightreceivedbycountryA'sshippingcompaniestotalledUS$1000000.
(12)privateenterprisesinothercountries
boughtgovermentbondsissuedbycountryA
amountingtoUS$20000000.
(13)countryAusedtheprojectloansextendbyWBtotalledUS$10000000.
(14)short-termcapitaloutflowsfromcountryAtoothercountriedtotalledUS$20000000.
(15)US$5000000weredebitedtoerrorsandomissions.

4.whatdoyouthinkaboutforeignexchangeraterisksandhowtomanagethem(20points)

5.explainwhatisanoffshorefinancialcenter.canitbeformedintheChinainnearfuture?givereasons(20points)