Question

阅读理解 　　International sellers and buyers．usually prefer to deal in the currency of their own country．American sellers prefer U．S．dollars for their products, and the J apanese sellers yen．The currency of another country that is required to make payment in an international transaction is called foreign exchange．Foreign exchange is bought and sold in foreign exchange——typically, large brokers(经纪人)and banks scattered about the globe． 　　Sometimes cons umers demand foreign exchange, for example, when American travelers arrive at a foreign airport．they often exchange dollars for the local currency．Large firms dealing in international transactions simply keep back deposits(预付金)in foreign currency to cover their foreign transactions．An American importer of French wine will likely pay for their purchases by writing checks on an American bank that holds an account in a French bank．The American bank will use the importer’s dollars to purchase the francs needed for payment． 　　The demand for foreign exchange arises because fl country’s residents want to buy foreign goods．Conversely．the supply of foreign exchange arises because foreign customers want to buy the goods of the courtry．For example, we have fl demand for francs by the U．S．importer who wishes to purchase French wine and a supply of francs by French customers who wish to purchase U．S．personal computers． 　　An exchange rate is the price of one country’s money in terms of some other countries’money．It is the relative price of one national currency expressed in one of two equivalent ways．For example, in J une l 993 one U．S．dollar traded on the foreign exchange market for about six French francs, the national currency of France．One U．S．dollar COSt about six French francs to buy, or one U．S．dollar sold for about six French francs．This exchange rate is the relative price of the U．S．dollar in terms of French francs．Alternatively, it should be i ust fls accurate to say that one French franc cost, or would buy, about l 7 cents．This would be the relative price of the French franc in terms of the U．S．dollar． (1) By definition, foreign exchange market is a place where ________． [　　] A． consumer buy foreign exchange B． sellers and buyers deal in the currency of their own country C． people buy and sell foreign exchange D． brokers and banks b uy and sell foreign exchange (2) According to the second paragraph, what do American tourists usually do when they arrived at a foreign airport? [　　] A． Deposit money in the bank． B． Sell dollars and buy local money． C． Sell local currency and buy dollars． D． Demand information about foreign exchange market． (3) The price of one national currency in terms of another national currency is ________． [　　] A． the foreign exchange B． the exchange rate C． the foreign exchange value D． the money in terms of dollars (4) What is the exchange rate of U．S．dollars with French francs in l9937 [　　] A． 1/7 B． 17/1 C． 1/l7 D． 1/6

Answer 1

答案：1．B;2．B;3．B;4．D;
解析：

(2)	在文中第二段第一句话中可找到答案。
(3)	国家与国家之间的货币互换就是汇率。
(4)	1美元相当于6法郎，所以汇率是l∶6，提到17cents指1法郎大约相当于17美分。