国际贸易融资章节测试课后答案2024春

第十一章测试

1.Before exporter and importer reaches agreement, forfeiter is likely to investigate the credit standing of importer and the contract value should below the approved credit line. (（ ）
A:错 B:对
答案:A
2.The risk for a forfeiter enrolled in the forfeiting to take including commercial risk, political risk and foreign exchange risk. (（ ）
A:对 B:错 3.By definition, forfeiting is a payment technique an exporter can use to promote sales on a deferred payment basis. (（ ）
A:对 B:错 4.Within the forfeiting transaction, the forfeiting quotation depends on the credit standing of importer as well as its collecting bank. (（ ）
A:对 B:错 5.Which of the following statements inaccurately describe the difference between factoring and forfeiting？（ ）
A:The finance provided by factoring is short-term while the finance provided by forfeiting is on long-term basis. B:The underlying risk for forfeiter to take is limited to commercial risks only. C:The forfeiter requires a letter of guarantee issued by internationally recognized bank of importer. D:The associated risk taken by factor include political and foreign exchange risk as it is long-term financing. 6.Which of the following statements appropriately describe the difference between forfeiting and invoice discounting？（ ）
A:The service charge of forfeiter includes discounting interest only. B:The invoice discounting entity has no right to recourse to its prior parties. C:The invoice discounting entity has no requirements on any bank guarantees. D:The pre-requirement for forfeiter to finance is that debt instrument must be guaranteed by a prime bank. 7.Which of the following statements inappropriately describe the difference between forfeiting and officially supported export credits？（ ）
A:Forfeiting is conducted by a financial institution with ability to provide long-term credits. B:Suppose the forfeiter purchase the papers, exporter has only partial duties tied to the papers. C:The operational procedures of forfeiting are very rigid and inflexible. D:The amount of financing provided by a EXIM bank of one country is usually limited to approximately 85% of the total invoice amount. 8.Which of the following statements appropriately describe the characteristics of forfeiting over the remaining two alternative payment methods？（ ）
A:The forfeiting institution reserve the right to recourse on all enrolled parties. B:The forfeiter does not use credit line as a way of mitigating the risk. C:The procedures of forfeiting are relatively simple and flexible. D:The service charges of the forfeiting are much higher as it not only contains discount interest, but also the commitment fees.