Stage 5 Testing 1:Multiple-Choice Questions
Now you will hear 10 questions about the information you heard in the lecture.Each question will be spoken one time only,and it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)On June 22,1944; in Washington DC,USA
(b)On July 22,1944; in Washington State,USA
(c)On June 22,1945; in Bretton Woods,USA
(d)On July 22,1944; in Washington DC,USA
2.
(a)US dollar(41.9%),euro(37.4%),British pound(11.3%),and Japanese yen(9.4%)
(b)euro(35.4%),US dollar(42.9%),Japanese yen(10.4%),and British pound(11.3%)
(c)British pound(11.3%),euro(38.4%),US dollar(41.9%),and Japanese yen(8.4%)
(d)Japanese yen(8.4%),euro(37.4%),British pound(12.3%),and US dollar(41.9%)
3.
(a)Twenty-five percent in gold and seventy-five percent in strong convertible currencies
(b)Seventy-five percent in domestic currency and twenty-five percent in gold
(c)Twenty-five percent in strong currencies and seventy-five percent in soft currencies
(d)Seventy-five percent in soft currencies and twenty-five percent in gold
4.
(a)SDR 238 billion
(b)About US$367 billion
(c)Both(a)and(b)
(d)Neither(a)nor(b)
5.
(a)Germany,France,Canada,the United States,Saudi Arabia and Japan
(b)China,the United States,Japan,Russia,Italy and Germany
(c)France,the United Kingdom,Germany,Japan,China and the United States
(d)The United Kingdom,Japan,the United States,Saudi Arabia,Italy and Germany
6.
(a)Flexible Credit Line
(b)Stand-By Arrangement
(c)Precautionary and Liquidity Line
(d)All of the above
7.
(a)Financial deregulation,monetary expansion,and market and trade liberalization
(b)Fiscal and monetary contraction,and financial,market and trade liberalization
(c)Fiscal restraint,financial regulation,and market and trade liberalization
(d)Market and trade regulation,financial liberalization,and fiscal and monetary restraint
8.
(a)Very effective
(b)Effective
(c)Not effective
(d)Hard to tell
9.
(a)One hundred and forty,and more than one hundred
(b)One hundred and fifty,and over one hundred
(c)Over one hundred,and one hundred and forty
(d)Over one hundred forty,and over one hundred
10.
(a)Many countries will become chronically dependent on IMF loans
(b)National economy will bounce back at a slow pace
(c)Government institutions tend to remain ineffective and inefficient
(d)All of the above