The banks of many years ago showed interest only in ________.A) regular visitorsB)
The banks of many years ago showed interest only in ________.
A) regular visitors
B) rich customers
C) friendly businessmen
D) elderly gentlemen
The banks of many years ago showed interest only in ________.
A) regular visitors
B) rich customers
C) friendly businessmen
D) elderly gentlemen
One of our main argument is that we in Western countries actually 【M1】______
have a part to play in causing the problems of the Third World. Many Third
World countries are saddle by immense debt burdens, for example. They 【M2】______
lent money at low interest rates in the 1970s, when money flooded into 【M3】______
Western banks from the oil-producing countries and was lent out to the
Third World. The interest rates have then been risen dramatically. So you 【M4】______
have a situation where a country in many cases can' t even repay the interest
, let alone the capital, on the debt. And I suppose the best example
from that I' ye come across is a country, in West Africa where the consumption 【M5】______
, the local consumption of peanuts was banned, because peanuts, if
they' re imported can bring in a great deal of foreign income. The peanut 【M6】______
is a major source of protein in this country. So you had people go hungry as 【M7】______
a result of that. The peanuts were exported to Great Britain and the United
States to feed our cattle. Those cattle then produced a surplus of milk
which we don't know what to do with. We have enough milk, more milk
than we can cope with, in the West World. And also that milk was trans- 【M8】______
formed into dried milk powder and then taken back to this country to help
feed children who were suffering from malnutrition. So that's the kind of insanely 【M9】______
【M1】
A.checks
B.credit cards
C.cash
Why are the transactions in many banks claimed to be safe?
A.Because they are handled by computers.
B.Because humans are not allowed to operate computers.
C.Because there are no mistakes what so ever.
D.Because computers do not steal money.
A) the outer appearance of bank buildings
B) unfriendliness of customers toward banks
C) economic pressure of the time
D) the attitude of hankers
A. Owing a bank more than a home is worth.
B. The housing price is too high for people to buy.
C. There are so many people owing banks" money.
D. The financial crisis sustains in America.
The restrictive laws that the courts are interpreting are mainly a legacy of the bank failures of the 1930's. The current high rate of bank failure—higher than at any time since the Great Depression—has made legislators afraid to remove the restrictions. While their legislative timidity is understandable, it is also mistaken. One reason so many American banks are getting into trouble is precisely that the old restrictions make it hard for them to build a domestic base large and strong enough to support their activities in today's telecommunicating round-the-clock, around-the-world financial markets. In trying to escape from this restrictions, banks are taking enormous, and what should be unnecessary, risks. For example, would a large bank be buying small, failed savings banks at inflated prices if federal laws and states regulations permitted that bank to explain instead through the acquisition of financially healthy banks in the region? Of course not. The solution is clear. American banks will be sounder when they are not geographically limited. The house of Representative's banking committee has shown part of the way forward by recommending common-sense, though limited, legislation for a five-year transition to nationwide banking. This would give regional banks time to group together to form. counterweights to the big money-center banks. Without this breathing space the big money-center banks might soon extend across the country to develop. But any such legislation should be regarded as only a way station on the road towards a complete examination of America's suitable banking legislation.
The author's attitude towards the current banking laws is best described as one of ______.
A.concerned dissatisfaction
B.tolerant disapproval
C.uncaring indifference
D.great admiration
听力原文: In 1863, President Lincoln made a law. This law said that only the United States government could print money. The law gave us the kind of money we have today. At that time, people could take their money to banks. At the banks they could get a certain amount of silver in exchange for the money. In 1873, the banks began to give gold for paper money. The idea worked if too many people didn't go to the banks at the same time. Banks didn't always have enough gold. The government stopped this about 60 years ago. We can no longer go to banks to get gold for our money. The government will not exchange anything for paper money.
The value of money we use today is not the same as animals or food. It is not the same as an amount of silver, gold, or copper. The way people used money a long time ago may have been easier than it is to day. They know what it meant. Today the money in our pocket means different things at different times.
(33)
A.In 1853.
B.In 1863.
C.In 1860.
D.In 1873.
In general,【B4】banks can increase the effective rate of【B5】that they earn on a loan by requiting a【B6】to maintain compensating balances, by discounting the【B7】in advance(i.e. deducing the interest at the beginning of the loan), or【B8】requiring installment payments. How- ever, commercial bank loans may still be cheaper than other【B9】of short-term finance such as trade credit.
Trade credit is【B10】to suppliers and is a【B11】source of finance. Many small firms use it【B12】there is no other source of funds【B13】to them. The borrower may also be【B14】of its true cost which is【B15】more expensive than short-term loans from commercial【B16】
Commercial paper is unsecured short-term debt. It is usually【B17】by large creditworthy corporations as【B18】source of short-term funds. The【B19】interest rate is usually lower【B20】comparable commercial bank loans.
【B1】
A.from
B.with
C.through
D.in
听力原文: Trade between countries is one of the most important economic activities in the world today. The U.S. has many trading partners, one of the most important is Japan. The trade between the two countries amounts to several billion dollars a year. Many U.S. banks therefore have offices in Japan, particularly in Tokyo and Osaka, the largest cities. Jean McPherson is the manager of' one of those for branch banks in Tokyo.
Jean majored in accounting and business administration in college. After graduation she got a job with a large New York bank. After two years in accounting, she was transferred to the loan department. Many of the loans which she was asked to consider involved international transactions. Some of them were so complicated that Jean felt she didn't have a broad enough background to understand them.
To get more experience, she asked for a transfer to the bank's international department. She became so expert in international finance that it became her career. When the bank decided to open a branch in Tokyo, Jean was selected to set it up and run it for the flint few years. She has been in Tokyo for more, than three years now.
(33)
A.She is a trading representative of the U.S. in Tokyo.
B.She is a government official of the U.S. in Tokyo.
C.She is the manager of an American bank in Tokyo.
D.She is the manager of a Japanese bank in Tokyo.
Much unfriendly feeling towards computers has based on the fear of widespread unemployment resulting from their introduction. Computers are often used as part of automated production systems required a least possible number of operators, causing the loss 【M1】______
of many jobs.This has been happened, for example, in many steelworks. 【M2】______
On the other hand, computers does create jobs. They are more skilled and better 【M3】______
paid, though less in number than those they replaced. Many 【M4】______
activities can not continue in their present form. without computers, no matter how 【M5】______
many people are employed. Examples is the check clearing(票据交换) 【M6】______
system of major banks and the weather forecasting system. When a firm
introduces computers, few people are usually employed in key posts (such as jobs 【M7】______
of operation managers)while other staff is retrained as operators, programmers, data 【M8】______
preparation staff. After the new system have settled down, people in non-computer 【M9】______
jobs are not always replaced.
When they leave, resulting to a decrease in the number of employees. 【M10】______
This decrease is sometimes balanced by a substantial increase in the activity of the firm, resulting from the introduction of computers.
【M1】