Đề thi ESP II

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  Đềthi ESP II Part 1. 1. If you …. You make transactions that are designed to reduce risk regarding a particular price, interest rate or exchange rate. 2. A … anticipates future changes in a market and makes risky transactions, hoping to make a gain 3. 3. Income statements are also known as statements of… or P&Ls. The bottom line on an income statement is income less expenses. If your income is more than expense, you have …..Expense more than income? You have…. Part 2.Answer the questions: 1. Why
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    Đề thi ESP II Part 1.1.   If you …. You make transactions that are designed to reduce risk regarding a particular price, interest rate or exchange rate.2.   A … anticipates future changes in a market and makes risky transactions, hoping to make a gain3.   3. Income statements are also known as statements of… or P&Ls. The bottom line on an income statement is income less expenses. If your income is more than expense, you have …..Expense more than income? You have….  Part 2.Answer the questions:1.   Why would government impede free trade?2.   How does a documentary collection differ from a letter of credit as a means of financing international trade / 3.   What tends to happen to the economy when inflation is high? Why?4.   When can speculators make money on currency futures?5.   What are the advantages and disadvantages of issuing bonds?Part 3: Write a composition of about 200 words on the importance of financial statementsof a company. Suggested points:-   How many types of financial statements are there?-   What purpose are they used for?-   What are the features of each type? D ị chH ợpĐồ ng I/ Answer the questions1.   What are the five steps in negotiating delivery?2.   When is delay in payment excused?II/ Translate the following sentences into Vietnamese1.   Payment shall be deemed to have been made only when the contract sum is paid into the seller’s bank account and is at the seller’s full disposal.  2.   If delivery is not effected within one month of the agreed delivery date, then theseller shall pay the buyer 0.1% of the contract.    3.   The Buyer may, at the B uyer’ s option, inspect the Goods prior to shipment. Atleast fourteen days before the actual delivery date, the seller shall give notice tothe Buyer, or to any agent nominated Buyer, that the Goods are available forinspection. The Seller shall permit access to the Goods for purposes of inspectionat a reasonable time agreed by the paties4.   The Seller reserves the right to withdraw this offer at any time before acceptanceby the Buyer
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