1、Choose the term described by the sentence:An arrangement by which a monopoly producer or owner gives another permission for the exclusive right to manufacture or sell the products in a certain area. ( )
A、budget
B、franchise
C、expertise
D、patent
2、Choose the term described by the sentence: Written contract or certificate of insurance. ( )
A、franchise
B、referee
C、budget
D、policy
3、Choose the term described by the sentence: A special right to an inventor to be the only person to make and sell, or to authorize others to make and sell a newly-invented machine or process. ( )
A、patent
B、budget
C、return
D、portfolio
4、Choose the term described by the sentence: All forms of man-made obstructions to international trade other than tariffs, including prohibitions and quotas, etc. ( )
A、franchise
B、expertise
C、return
D、non-tariff barrier
5、Choose the term described by the sentence: The entire collection of investments in the form of stocks, bonds, or certificate of deposits for purposes other than controlling. ( )
A、return
B、portfolio
C、patent
D、budget
6、Choose the term described by the sentence: One in which one of the parties agrees to supply, at the contract price, a complete product ready for use, such as a new home, factory, ship, etc.. ( )
A、patent
B、return
C、turnkey contract
D、royalty
7、Choose the term described by the sentence：An account of probable future income and expenditure during a stated period, usu. a year used as a guide in making financial arrangements. ( )
A、budget
B、portfolio
C、return
D、patent
8、Choose the term described by the sentence: The gain from an investment, either as income or yield or as profit on the sale of the investment. ( )
A、return
B、portfolio
C、patent
D、budget
9、Choose the term described by the sentence: Expert knowledge or skill, esp. in a particular field; know-how. ( )
A、expertise
B、return
C、non-tariff barrier
D、franchise
10、Choose the term described by the sentence: A person or company granting license. ( )
A、authority
B、licensor
C、employee
D、expertise
11、Choose the term described by the sentence：The price at which one currency can be exchanged for another currency. ( )
A、exchange rate
B、loan
C、draft
D、debt
12、Choose the term described by the sentence： Social or natural calamities that take place beyond the control of a contracting party.（ ）
A、hazard
B、force majeure
C、term
D、disaster
13、Choose the term described by the sentence：The amount paid by an insured for coverage under the contract..( )
A、premium
B、expertise
C、outstanding
D、insurer
14、Choose the term described by the sentence：The act of paying a bill, debt, charge, etc.. ( )
A、premium
B、recharge
C、repayment
D、remittance
15、Choose the term described by the sentence：Upwardanddownwardmovementsintheeconomicsystem.( )
A、recession
B、fluctuation
C、concession
D、commission
16、Choose the term described by the sentence：Apersonwhocarriesoninsuranceasabusiness. ( )
A、employee
B、underwriter
C、authority
D、licensor
17、Choose the term described by the sentence： Large-scalepublicservices,suchaswaterandpowersupplies,road,railandradiocommunications,etc. neededtosupporteconomicactivity,esp.industry,tradeandcommerce. ( )
A、infrastructures
B、investment
C、foundation
D、expertise
18、Choose the term described by the sentence：Abusinesswheretheprovisionofriskcapitalissharedbetweentwoormorefirms. ( )
A、firm offer
B、joint venture
C、private enterprise
D、multinational enterprise
19、Choose the term described by the sentence：To fail to carry out an obligation. ( )
A、advent
B、ascend
C、perform
D、default
20、Choose the term described by the sentence： A binding agreement between two or more persons that is enforceable by law. ( )
A、contract
B、know-how
C、license
D、term
