Test2PartOneListeningSectionOne(10%)Directions:Inthissectionyouwillhear10shortstatements.Eachstatementwillbespokenonlyonce.Aftereachstatementtherewillbeapause.Duringthepause,youmustreadthefoursuggestedanswersmarkeda,b,candd,anddecidewhichisthebestanswer.Nowyouwillheartheexample:ShewenttothebankwithMr.Smith.Youwillread:A.Shewenthome.C.Shewenttothebank.B.ShelikedMr.smith.D.ShewenttoMr.Smith'shouse.StatementC,"Shewenttothebank"istheclosestinmeaningtothestatement"ShewenttothebankwithMr.Smith."Therefore,youshouldchooseanswerC.Nowlistentothestatements.1.A.Financialmarketsmustsupportsoundfinancialinstitutions.B.Soundfinancialinstitutionsaremadebyfinancialmarkets.C.Financialmarketsshouldbebackedbystrongfinancialinstitutions.D.Financialmarketsaresoundbecauseoffinancialinstitutions.2.A.USdollarisgoinghighervs.JapaneseYen.B.USdollarisgoinghighervs.PoundSterling.C.USdollarisgoinglowervs.JapaneseYen.D.USdollarisgoinglowervs.DeutscheMark.3.A.PleaseremitusthebillamountthroughBarclay'sbankonduedate.B.PleaseclaimthebillamountonBarclay'sBankonduedate.C.PleasepaythebillamounttoBarclay'sBank.D.PleaseinformBarclay'sBanktoreimburseusonduedate.4.A.ThePeople'sBankofChinamaynotprovideloansfororganizationsorindividuals.B.ThePeople'sBankofChinamaynotgivefinancialsupporttoenterprises.C.ThePeople'sBankofChinamayactasafinancialguarantorfororganizationsorindividuals.D.ThePeople'sBankofChinamaynoteffectafinancialguaranteeforindividualsororganizations..5.A.Policyistheonlyfactorthataffectsstockprices.B.Policyisonefactorthataffectsstockprices.C.Monetarypolicyisoneofthefactorsthataffectstockprices.D.Monetarypolicyistheonlyfactorthataffectsstockprices..6.A.Iwishtocashsomecheques.B.Iwishtocashsometraveler'scheques.C.Iwishtopaycashformyexpenseshere.D.Iwishtopayformytraveller'schequeshere7.A.TheL/Cwillbeconfirmedbyourbank.B.Ourbank'sagentwillconfirmtheL/C.C.Thecreditwillbeopenedbyourbank'sagent.D.OurbranchinSanFranciscowillconfirmtheL/C.8.A.U.S.dollarisdearer.B.U.S.dollarishigher.C.Japaneseyenisweaker.D.Japaneseyenisstronger.9.A.Thedraftisasightone.B.ThedraftispayablebyCitibank.C.ThebillisdrawnonCitiBranch.D.Thebillisnotnegotiable.10.A.Wepaidyouearlyasrequired.B.Yourdocumentscametousasrequired.C.Yourdocumentshavebeencorrectlypresentedasrequired.D.Youdidnotpresentthedocumentsasrequired.SectionTwo(10%)Directions:Inthissection,youwillhear10shortconversations.Attheendofeachconversationaquestionwillbeaskedaboutwhatwassaid.Theconversationsandquestionswillbespokenonlyonce.Duringthepause,youmustreadthefoursuggestedanswersmarkeda,b,c,andd,anddecidewhichisthebestanswerNowyouwillhear:M:DoesourbankhaveadirectcorrespondentrelationshipwiththeBradalys'Bank?W:No,wedon't.SowehavetoadvisethisL/Cviaanotherbank.Q:Whichofthefollowingisright?Nowyouwillread:A.WecanadvisethisL/CtotheBradlays'Bank.B.TheBradlays'Bankisourcorrespondent.C.TheL/Chastobeadvisedbyathirdbank.D.WeshouldadvisethisL/Cbyourselves.FromtheconversationweknowthatwehavetoadvisethisL/Cviaanotherbank.ThebestanswerisC.ThereforeyoushouldchooseanswerC.11.A.Toapplyforrollingovertheloanforanotherperiod.B.Todefaultonrepayment.C.Torepayitimmediately.D.Toapplyforanewloan.2.A.827.28B.829.19C.826.71D.Notmentioned.13.A.Hesoldahouse.B.Heborrowssomemoneyfromtheman.C.Heborrowedsomemoneyfromthebank.D.Hevisitedanewhouse.4.A.Shepaysavisittothebank.B.Shedealswithatransactionwithhercust...