TRƯỜNG ĐẠI HỌC NGOẠI THƯƠNG ĐỀ THI TIẾNG ANH CUỐI KỲ

KHOA TIẾNG ANH CHUYÊN NGÀNH KHÓA HỌC: TACN

BÀI THI: VIẾT
Họ tên: …………………………………… Thời gian làm bài: 60 phút
Lớp:…………… SBD:……………… Ngày thi:

I. Match up these words and expressions with the definitions below:

autarky Balance of Balance of Barter or counter

payment trade trade
deficit Dumping Invisible Protectionism
import and
export
quotas surplus tariff Visible trade

1. trade in goods
2. trade in service
3. direct exchange of goods without the use of money
4. the difference between what a country receives and pays for its export and
imports of goods
5. the difference between a country’ total earnings from exports and its total
expenditure on imports
6. the situation in which a country is completely self-sufficient and has no foreign
trade
7. a positive balance of trade or payment
8. a negative balance of trade or payment
9. selling goods abroad at or below cost price
10. imposing trade barriers in order to restrict import
11. taxes charged on imports
12. quantitative limits on the import of particular products or commodities

I. Fill in the blank space with the correct word or phrase:

1. Balance of payment is a record of a country’s ……………………..

(transactions)
2. Some transactions are visible; others are ………………………(invisible)
An example of the latter is ……………………..(insurance)
3. A country with consistent deficits will see its …………………….. in relation to
other countries.
4. A devaluation can have a favorable effect on the trade balance because it
can help increase ……………………..(export)
5. In cases where foreign currency is earned, a …………………….. is
registered on the balance of payments.
6. Trade balance plus invisible transactions make up the ……………………..(balance of
payment)
 7. The long term and short term loans and borrowings at home and abroad
are the …………………….. accounts
8. The Bretton Woods Agreement stipulated that all members would express
their currencies in ……………………..
9. When the central bank intervene in the foreign exchange markets at the
intervention points, this is called the system of …………………….. exchange
rates. The opposite is called the system of …………………….. exchange rates.
10. Dealer using two foreign exchange markets to benefit from rate
differentials are said to engage in ……………………..
11. Another verb for fixing exchange rates against something else is to
…………………….. them.
12. Increasing the value of an otherwise fixed exchange rate is called
……………………..
13. Gold …………………….. ended in the early 1970s.
14. The current system is one of …………………….. exchange rates.
15. A currency can appreciate if lots of …………………….. buy it.
16. In fact we have managed floating exchange rates because governments
and …………………….. banks sometimes intervene on currency markets.

I. Read the article about retail banking from the Financial Times
Banks to rely on branches to drive growth

Bank will rely on branches to drive future growth rather than the internet,
according to new research.
A study of 2,709 customers by Delloite& Touche, the professional service firm,
showed that the bank branch is the preferred channel for 52% of customers
interviewed.
Only 16% preferred to bank using telephone and 8% used internet.
The study also showed that the bank branch is preferred by 45% of customers in
the affluent AB social group – a contradicting the notion that sophisticated customers
avoid branches.
Nick Sandall, retail financial services partner at Delloite& Touche, said he
believed that the main banks in the UK were planning to reverse a decade of under-
investment in branches by putting the network at the heart of their strategy.
“Although some banks, such as Abbey National, are head of the game in their
efforts to revolutionise the way in which they use branches to reach the customer, we
expect all banks to invest substantially in reshaping their branch network and the
activities within”, he said.
Delloite& Touche believed that the successful retail bank of the future needed to
give careful consideration to areas such as branch design, staffing and location.
Abbey National, which has introduced Costa coffee shops into some of its
branches, report that banking products sales have increased in these locations

1. Which of the words and phrases in the article could be replaced with the
following?
 decision on types and numbers of employees
in advance of competitors
make business increase in the year to come
redesigning
spend a lot of money on
ten years of insufficient spending
wealthy
2. Answer the following questions:
- What have the banks not done during the past ten years?
…………………………………………………………………………………………
…………………………………………………………………………………………..
- What are banks expected to do in the future?
…………………………………………………………………………………………
…………………………………………………………………………………………..
- What has helped one bank to increase product sales in some branches?
…………………………………………………………………………………………
…………………………………………………………………………………………..
II. - What is the correct order of the following paragraphs?
a. Meanwhile, the British manufacturer can sell the bill of exchange
(at a discount) to an accepting house in London, so that it does not have to wait for
payment.
b. On receiving an order from Argentina, a British manufacturer
produces the goods. After arranging insurance, the manufacturer will send the goods to
the port, with an invoice and a bill of lading, to be loaded onto a ship. When the goods
have been shipped on board, the ship’s master signs and returns the bill of lading to the
producer.
c. On the agreed date, the importer honors the bill of exchange.
d. The exporter will draw up a bill of exchange requiring the buyer
to pay a certain sum of money on an agreed date, and present the bill to London
correspondent bank of the buyer’s bank.
e. The London bank accepts a bill of exchange for the same
amount. It will then send the bill of lading and bill of exchange to Argentina.
f. When the documents arrive in Argentina, they will be given to
the importing company when it accepts the original bill of exchange.
g. When the ship reaches its destination, the importer presents the
documents to the master of the ship, and collects the goods. (if the goods do not arrive,
the buyer will have to make an insurance claim)

1 2 3 4 5 6 7

- Find five verbs in the text that partner the noun goods
………………………………………………………………………………………………
- Find six verb in the text that partner the noun bill of exchange
………………………………………………………………………………………………
- Find five differential financial documents mentioned above
………………………………………………………………………………………………
………………………………………………………………………………………………
………………………………………………………………………………………………