Which of the following transaction is not included in Chinese balance of payments？
A. Bond transaction with Citibank.
B. Service transaction between local enterprise and Sino-foreign joint company incorporated in China.
Capital inflow to Beijing subsidiary of Swiss multinationals.
D. Loan from IMF.
查看答案
As financial intermediaries, banks can make the maturities of forward contracts infinitely
A. Right
B. Wrong
C. Doesn't say
A．13 daysB．30 daysC．33 daysD．23 days
A. 13 days
B. 30 days
C. 33 days
D. 23 days
A．sustainedB．supportedC．toleratedD．maintained
A. sustained
B. supported
C. tolerated
D. maintained
What is a documentary letter of credit？
A conditional bank undertaking to pay an exporter on production of stipulated documentation.
B. A method of lending against documentary security.
C. An international trade settlement system biased in favor of importers.
D. All of the above.
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