28. ABC Company is the beneficiary of a confirmed irrevocable letter of credit. ______ bank ( s ) will assure the company that it will be paid.

　　A. One

　　B. None

　　C. Three

　　D. Two

　　29. Legal tender includes .

　　A. notes and coins

　　B. notes only

　　C. coins only

　　D. notes, coins and checks

　　30. The following are the basic functions of a bill of lading except to act as ______.

　　A. a receipt for the goods from the shipping company to the exporter

　　B. a document of title for goods being shipped overseas

　　C. a certificate of origin, which certifies that the goods were produced in a particular country

　　D. evidence of the carriage contract between the exporter and the carrier

　　31. Persistent foreign trade deficits under a flexible exchange rate system usually lead to ______.

　　A. inflation in the domestic economy

　　B. speculation of future devaluation

　　C. falling interest rates

　　D. rising imports

　　32. The additional amount paid in buying or selling a currency at a given future date is called .

　　A. premium

　　B. commission

　　C.tariff

　　D. dividend

　　33. Banks manage their assets considering ______.

　　A. risk

　　B. some optimum combination of the above

　　C. earnings

　　D. liquidity

　　34. What is the function of the book-keeping system in bank accounting? ______.

　　A. To prove that all the day's transactions have gone through for the right amount

　　B. To prove that all the day's transactions have all been posted to the right account

　　C. To prove that the fresh balance of those accounts is correct after recording the transactions

　　D. All of the above