国际物流英语练习.doc

1、ExerciseChapter 11. The total value of international trade in services and merchandise is about _. Ba) $ 9 billion b) $ 9 trillion c) $ 9 million d) $ 9 thousand e) None of the above2. International trade is still mostly concentrated among the developed countries of the Northern Hemisphere. Which co

2、untry is the largest importer of the world? Aa) United States b) Germany c) China d) Japan3. The common currency of most of the countries of the European Union is called _. Da) the euro-dollar b) the european currency unit (ECU) c) the thaler d) the euro4. Which of the following entities was created

3、 at the Bretton-Woods Conference of 1944? Aa) International Monetary Fund b) World Trade Conference c) Marshall Plan d) United Nations5. On occasion, a firm will respond to a competitors move by retaliating. For example, Linde Gas (an American firm producing industrial gasses) entered the French mar

4、ket when Air Liquide (a French company in the same industry) decided to enter the U.S. market. Such a move is considered a _. Ba) cost driver b) competitive driver c) technology driver d) market driver e) None of the above6. Argentina can produce one ton of meat (beef) using 0.1 years of labor. It c

5、an also produce one automobile using two years of labor. In order to produce one ton of beef, the United States uses 0.2 years of labor. It can produce an automobile using 1.5 years of labor. Argentina has _.Ba) an absolute advantage in the production of automobilesb) an absolute advantage in the pr

6、oduction of beefc) a comparative advantage in the production of automobilesd) a comparative advantage in the production of beef7. Russia can produce 25 tons of steel or 15 chairs using the same amount of resources. Using the exact same amount of resources, India can produce 18 tons of steel and 12 c

7、hairs. According to the theory of comparative advantage, at what price will Russia and India trade chairs? Aa) India will buy chairs as long as the price is lower than 0.67 tons of steelb) India will sell chairs as long as the price is higher than 0.67 tons of steelc) Russia will buy chairs as long

8、as the price is lower than 0.6 tons of steeld) Impossible to determine with the information given 8. According to the International Product Life Cycle Theory, the country(ies) most likely to manufacture a product that has been recently developed (one that is the result of a brand-new design and uses

9、 patented technology) and is in its first commercialization year, is (are) _.Aa) the country of innovation only b) developing countriesc) any country with the manufacturing technology necessary to manufacture itd) other developed countries 9. The international environment presents challenges for the

10、 international logistician. Which aspect of the international business environment is most likely to create frustrations? Aa) Cultural differences b) Economic issuesc) Currency differences d) Infrastructure constraints10. Information on foreign countries, including their economic environment, their

11、political environment and their geography, can easily be found in several publications. Which is not one of the organizations that publishes background information on countries? Da) The Economists Intelligence Unit b) The Central Intelligence Agencyc) The U.S. Department of Commerce d) The United Na

12、tions UNICEFChapter 21. Which one was not one of the characteristics of the early days of logistics? Da)An emphasis on making sure that the goods arrived in good condition b) An emphasis on low-cost transportationc) Long transit times d) An emphasis on customer satisfaction2. Who was the person who

13、popularized the idea of sea-going containers that could be loaded directly onto a ship, a truck, or a railroad car? Ba) Peter Maersk b) Malcom McLean c) Joseph Battaglia d) Hapag Lloyd e) None of the above3. In the 1980s, companies started to manage their inventories much more closely than they had

14、in the 1960s and 1970s. This was due to an increase in _.Aa) interest rates b) the value of inventories in general c) the value of the goods held in inventoryd) the creation of Just-In-Time inventory management systems4. It is not unusual for companies shipping to large manufacturers and retail chai

15、ns to be penalized financially (not receiving the full invoice amount) for not _.Da) shipping the correct goods b) shipping the goods in the right quantityc) shipping the entire order at once d) delivering the goods on the day and at the time promised5. DRP (Distribution Requirements Planning) is a system that allows manufacturers, wholesalers and retailers of consumer products to manage their inventory just-in-time: DPR works as a _.Da) draw system b) push system c) elastic system d) pull system e) None of the above6. Which of the following is not an element of intern