Which of the following statement is true according to the passage？ ________

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• 1A forward transaction is usually delivered ______________.

  A.within 30 days.

  B.within 60 days

  C.within a year

  D.when it is due according to the contract

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• 2Which of the following is not mentioned in the passage？____________

  A.spot transaction

  B.forward transaction

  C.cash transaction

  D.forms of speculation

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• 3The passage is mainly about _________________________.

  A.the foreign exchange market

  B.the foreign exchange control

  C.the factors affecting exchange rate

  D.the International Monetary Fund

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• 4All the losses __________from your delay in shipping our goods will be for your account.

  A.rising

  B.arising

  C.raising

  D.arousing

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• 5The WTO has not _____ the issue of the trade in agricultural products.

  A.addressed

  B.resolved

  C.solved

  D.dealt in

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• 6Which of the following is not a fact of exchange control？

  A.Limitations on the supply of exchange for overseas spending.

  B.A system of multiple exchange rates to encourage particular exports and to limit imports.

  C.These restrictions have been substantially increase

  D.D.Currencies in recent years have become more freely convertibl

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• 7What is the most important factor in selling goods？

  A.Visiting customers frequently.

  B.Depending on retailers.

  C.Having more telephone communication.

  D.Maintaining good personal relationship.

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• 8According to this passage， which statement is true？

  A.A firm may depend on wholesalers to form personal relationship with its major customers.

  B.Keeping sales people on the road is useful and productive.

  C.Face-to-face meetings and discussions are effective.

  D.A separate export sales force is indispensabl

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• 9The reasons why many firms appoint overseas agents are as follows except that_____.

  A.Overseas agents can take over responsibility for selling products in their own countries.

  B.Overseas agents are more skillful in selling goods.

  C.It’s a good way to cut down unproductive expense incurred in traveling.

  D.Oveaseas agents have location advantag

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• 10With which of the following statements would the author most likely agree？

  A.Office-based sales force is better than country-based one.

  B.Country-based sales force is better than office-based one.

  C.Country-based sales force can use phone and telex more efficiently.

  D.Office-based sales force can have day-to-day contact.

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