1、剑桥商务英语高级-123 及答案解析(总分：92.00，做题时间：90 分钟)一、Exercise 1(总题数：10，分数：20.00)1.The 1980s were a good time for financial institutions to lend money to developing countries.（分数：2.00）A.正确B.错误2.A loan is made to a company to get a dividend.（分数：2.00）A.正确B.错误3.When there is too much money in an economy, a governme
2、nt will encourage lending.（分数：2.00）A.正确B.错误4.Merchant banks mainly deal with the general public.（分数：2.00）A.正确B.错误5.Accepting houses buy houses for their clients and allow them to pay back the money over twenty-five years.（分数：2.00）A.正确B.错误6.The Trustee Savings Bank is a government institution.（分数：2.0
3、0）A.正确B.错误7.Fiscal policy is concerned with general taxation.（分数：2.00）A.正确B.错误8.The National Savings Bank is a private institution.（分数：2.00）A.正确B.错误9.There are no controls over a commercial banks lending policy.（分数：2.00）A.正确B.错误10.The Stock Exchange only deals in shares.（分数：2.00）A.正确B.错误二、Exercise 2
4、(总题数：1，分数：2.00)11.Exporters 1 will receive foreign currency and importers 2 have to buy foreign currency will often sell their rights to those currencies to banks at spot rates 3 are the rates of exchange at present, so that it will be the bank 4 will carry the risk of currency changes 5 may happen
5、when the money is finally paid.（分数：2.00）填空项 1:_三、Exercise 3(总题数：1，分数：15.00)12.Expansion of Money by BanksBanks are permitted to create money out of “multiple expansion of bank deposits.“ They generate about five dollars of new money for every dollar of reserves. Let us suppose that a person brings $
6、100 into a bank for deposit. If the bank were to hold 100 percent reserves, it would keep the total amount in the vault. However, as we have learned, the law requires that only a small percentage be kept. Let us assume the amount required at this time is 20 percent. With the $80 that does not have t
7、o be deposited with the Federal Reserve, the bank may buy government bonds and lend the money, thus assisting business expansion, making mortgages on property, and the like. Note that the depositor still has $100 in the bank, but the bank, in turn, has created $80 of new money by lending it.The pers
8、on who borrowed the $80 will probably deposit some or all of the money in the same bank or in some other bank: what is not deposited immediately will probably be spent and subsequently deposited in another bank. Eventually then the banking system receives a total of $80 in the new depositsthe $80 th
9、at was borrowed from the first bank. As in the first instance, the other banks, referred to as second-generation banks, keep only 20 percent of the new $80, or $16, and loan out $64. And so it continues, as each later generation bank retains 20 percent and offers the new 80 percent for loan. Through
10、 this chain process, the banking system eventually ends up with total deposits equal to five times the original $100.（分数：15.00）_四、Exercise 4(总题数：1，分数：14.00)explain promise apologize thank admit refuse suggest advise（分数：14.00）(1).Why dont you think it over for a few days and get back to me?_（分数：2.00）
11、填空项 1:_(2).Im afraid we cannot extend your overdraft._（分数：2.00）填空项 1:_(3).I think you should consider our terms before making a decision._（分数：2.00）填空项 1:_(4).Ill definitely let you have the details tomorrow._（分数：2.00）填空项 1:_(5).It appears that we made a mistake on your October statement._（分数：2.00）填空
12、项 1:_(6).You understand that the bank will want about 120% in securities to cover this credit._（分数：2.00）填空项 1:_(7).We are very sorry for the delay in replying your request._（分数：2.00）填空项 1:_五、Exercise 5(总题数：7，分数：14.00)13.Why dont you think it over for a few days and get back to me?_（分数：2.00）填空项 1:_14
13、.Im afraid we cannot extend your overdraft._（分数：2.00）填空项 1:_15.I think you should consider our terms before making a decision._（分数：2.00）填空项 1:_16.Ill definitely let you have the details tomorrow._（分数：2.00）填空项 1:_17.It appears that we made a mistake on your October statement._（分数：2.00）填空项 1:_18.You u
14、nderstand that the bank will want about 120% in securities to cover this credit._（分数：2.00）填空项 1:_19.We are very sorry for the delay in replying your request._（分数：2.00）填空项 1:_六、Exercise 6(总题数：1，分数：16.00)inform charges documents draw acting valid settle openedThe Accountant 9 April 2007Paul Diderot56
15、Kingwood, Houston713 226 Tx, USADear Sir,L/C No. 123456/BOCWe are (1) on behalf of Bank of China, Beijing, and would like to (2) you that the above documentary credit for US $60000 has been (3) in your favour by your customers Dudu Date Ltd. The credit is (4) until 15 May and all bank (5) have been
16、paid.Please bring the following (6) to the above address:Air WaybillInvoice f or full value of the sale c.i.f ShanghaiInsurance CertificateCertificate of OriginWould you also (7) a sight draft for the full amount of the invoice on us so that we can (8) this account. Thank you in advance.Yours faithf
17、ully,Bill WoodmanDocumentary Credits Manager（分数：16.00）填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_七、Exercise 7(总题数：1，分数：11.00)20.Most countries can produce any product if they are willing (invest) capital. Artificial climates are created in greenhouses (grow) tropical plants. The UK beca
18、me a sugar producer because war prevented supplies (get) through. Norway has been an oil producer since oil prices forced them (invest) capital in (produce) oil from the North Sea. Japan with few natural resources has become a major industrial nation by (specialize) in (develop) its technology. Only
19、 Russia and America could be self-sufficient, (produce) their needs without (import) if they had to. Most other countries have (export) (pay) for their imports. In (do) this, they are concerned with two main problemstheir balance of trade and balance of payments.（分数：11.00）填空项 1:_剑桥商务英语高级-123 答案解析(总分
20、：92.00，做题时间：90 分钟)一、Exercise 1(总题数：10，分数：20.00)1.The 1980s were a good time for financial institutions to lend money to developing countries.（分数：2.00）A.正确B.错误 解析：2.A loan is made to a company to get a dividend.（分数：2.00）A.正确B.错误 解析：3.When there is too much money in an economy, a government will encou
21、rage lending.（分数：2.00）A.正确B.错误 解析：4.Merchant banks mainly deal with the general public.（分数：2.00）A.正确B.错误 解析：5.Accepting houses buy houses for their clients and allow them to pay back the money over twenty-five years.（分数：2.00）A.正确B.错误 解析：6.The Trustee Savings Bank is a government institution.（分数：2.00
22、）A.正确B.错误 解析：7.Fiscal policy is concerned with general taxation.（分数：2.00）A.正确 B.错误解析：8.The National Savings Bank is a private institution.（分数：2.00）A.正确 B.错误解析：9.There are no controls over a commercial banks lending policy.（分数：2.00）A.正确B.错误 解析：10.The Stock Exchange only deals in shares.（分数：2.00）A.正确B
23、.错误 解析：二、Exercise 2(总题数：1，分数：2.00)11.Exporters 1 will receive foreign currency and importers 2 have to buy foreign currency will often sell their rights to those currencies to banks at spot rates 3 are the rates of exchange at present, so that it will be the bank 4 will carry the risk of currency ch
24、anges 5 may happen when the money is finally paid.（分数：2.00）填空项 1:_ （正确答案：who; who; which; who; which）解析：三、Exercise 3(总题数：1，分数：15.00)12.Expansion of Money by BanksBanks are permitted to create money out of “multiple expansion of bank deposits.“ They generate about five dollars of new money for every
25、dollar of reserves. Let us suppose that a person brings $100 into a bank for deposit. If the bank were to hold 100 percent reserves, it would keep the total amount in the vault. However, as we have learned, the law requires that only a small percentage be kept. Let us assume the amount required at t
26、his time is 20 percent. With the $80 that does not have to be deposited with the Federal Reserve, the bank may buy government bonds and lend the money, thus assisting business expansion, making mortgages on property, and the like. Note that the depositor still has $100 in the bank, but the bank, in
27、turn, has created $80 of new money by lending it.The person who borrowed the $80 will probably deposit some or all of the money in the same bank or in some other bank: what is not deposited immediately will probably be spent and subsequently deposited in another bank. Eventually then the banking sys
28、tem receives a total of $80 in the new depositsthe $80 that was borrowed from the first bank. As in the first instance, the other banks, referred to as second-generation banks, keep only 20 percent of the new $80, or $16, and loan out $64. And so it continues, as each later generation bank retains 2
29、0 percent and offers the new 80 percent for loan. Through this chain process, the banking system eventually ends up with total deposits equal to five times the original $100.（分数：15.00）_正确答案：(银行使货币量增加银行可以从“银行存款的多倍扩张”中创造货币。这个过程可使储备中的每一美元大约可增生五个新美元。假定有人将一百美元存入一家银行。如果这家银行要有百分之一百的储备，它就会把这笔钱全部存入金库。然而我们已经知
30、道，按照法律规定只须留一小部分作为储备。假定此时银行需保留的金额为百分之二十，这家银行就可以用不必存入联邦储备银行的八十美元购买政府债券或将之贷给他人。以此来帮助企业扩展业务，提供以财产作为抵押的借款等等。要注意的是，存款者在银行里仍然存有一百美元，而这家银行通过发放贷款却另行创造了八十美元货币。借了这八十美元的人可能把该款的一部或全部存入同一家银行或别的某一家银行；没有立即存入银行的部分可能被花掉，因而终于还会被存入另一家银行。这样，银行系统最后收进总数八十美元的新存款这笔钱就是从第一家银行借出来的那八十美元。正如第一种情况一样，另外那一家银行，或称为第二代银行，也只保留这八十美元新存款的百
31、分之二十，即十六美元，而将其余六十四美元贷出。以此类推，每一代银行都保留百分之二十，而将百分之八十的新货币作为贷款放出。通过这一连锁过程，最终使银行系统的存款总数达到原来那一百美元的五倍。)解析：四、Exercise 4(总题数：1，分数：14.00)explain promise apologize thank admit refuse suggest advise（分数：14.00）(1).Why dont you think it over for a few days and get back to me?_（分数：2.00）填空项 1:_ （正确答案：suggest）解析：(2).I
32、m afraid we cannot extend your overdraft._（分数：2.00）填空项 1:_ （正确答案：refuse）解析：(3).I think you should consider our terms before making a decision._（分数：2.00）填空项 1:_ （正确答案：advise）解析：(4).Ill definitely let you have the details tomorrow._（分数：2.00）填空项 1:_ （正确答案：promise）解析：(5).It appears that we made a mistak
33、e on your October statement._（分数：2.00）填空项 1:_ （正确答案：admit）解析：(6).You understand that the bank will want about 120% in securities to cover this credit._（分数：2.00）填空项 1:_ （正确答案：explain）解析：(7).We are very sorry for the delay in replying your request._（分数：2.00）填空项 1:_ （正确答案：apologize）解析：五、Exercise 5(总题数：
34、7，分数：14.00)13.Why dont you think it over for a few days and get back to me?_（分数：2.00）填空项 1:_ （正确答案：(She) suggested that (I) think it over for a few days.）解析：14.Im afraid we cannot extend your overdraft._（分数：2.00）填空项 1:_ （正确答案：(She) refused to extend (my) overdraft.）解析：15.I think you should consider
35、our terms before making a decision._（分数：2.00）填空项 1:_ （正确答案：(She) advised us to consider (their) terms before making a decision.）解析：16.Ill definitely let you have the details tomorrow._（分数：2.00）填空项 1:_ （正确答案：(She) promised to let (me) have the details the next day.）解析：17.It appears that we made a mis
36、take on your October statement._（分数：2.00）填空项 1:_ （正确答案：(She) admitted to making a mistake on (my) October statement.）解析：18.You understand that the bank will want about 120% in securities to cover this credit._（分数：2.00）填空项 1:_ （正确答案：(She) explained that the bank would want about 120% in securities to
37、 cover the credit.）解析：19.We are very sorry for the delay in replying your request._（分数：2.00）填空项 1:_ （正确答案：(She) apologized for the delay in replying to (my) request.）解析：六、Exercise 6(总题数：1，分数：16.00)inform charges documents draw acting valid settle openedThe Accountant 9 April 2007Paul Diderot56 Kingw
38、ood, Houston713 226 Tx, USADear Sir,L/C No. 123456/BOCWe are (1) on behalf of Bank of China, Beijing, and would like to (2) you that the above documentary credit for US $60000 has been (3) in your favour by your customers Dudu Date Ltd. The credit is (4) until 15 May and all bank (5) have been paid.
39、Please bring the following (6) to the above address:Air WaybillInvoice f or full value of the sale c.i.f ShanghaiInsurance CertificateCertificate of OriginWould you also (7) a sight draft for the full amount of the invoice on us so that we can (8) this account. Thank you in advance.Yours faithfully,
40、Bill WoodmanDocumentary Credits Manager（分数：16.00）填空项 1:_ （正确答案：acting）解析：填空项 1:_ （正确答案：inform）解析：填空项 1:_ （正确答案：opened）解析：填空项 1:_ （正确答案：valid）解析：填空项 1:_ （正确答案：charges）解析：填空项 1:_ （正确答案：documents）解析：填空项 1:_ （正确答案：draw）解析：填空项 1:_ （正确答案：settle）解析：七、Exercise 7(总题数：1，分数：11.00)20.Most countries can produce
41、any product if they are willing (invest) capital. Artificial climates are created in greenhouses (grow) tropical plants. The UK became a sugar producer because war prevented supplies (get) through. Norway has been an oil producer since oil prices forced them (invest) capital in (produce) oil from th
42、e North Sea. Japan with few natural resources has become a major industrial nation by (specialize) in (develop) its technology. Only Russia and America could be self-sufficient, (produce) their needs without (import) if they had to. Most other countries have (export) (pay) for their imports. In (do) this, they are concerned with two main problemstheir balance of trade and balance of payments.（分数：11.00）填空项 1:_ （正确答案：to invest; to grow; getting; to invest; producing; specialising; developing; producing; importing; to export; to pay; doing）解析：
