[简答题]Exchange Control

[简答题]foreign exchange

[单项选择]
For centuries，the currencies of the world were backed by gold．That is，a piece of paper currency issued by any world government represented a real amount of gold held in a vault by that government．In the 1930s，the U.S.set the value of the dollar at 8 single，unchanging level：l ounce of gold was worth $35．After World War II，other countries based the value of their currencies on the U.S.dollar．Since everyone knew how much gold a U.S.dollar was worth，then the value of any other currency against the dollar could be based on its value in gold．A currency worth twice as much gold as a U.S.dollar was，therefore，also worth two U.S.dollars．
Unfortunately，the real world of economics outpaced this system．The U.S.dollar suffered from inflation(its value relative to the goods it could purchase decreased)，while other currencies became more valuable and more stable．Finally，in 1971，the U.S.took away
A. After World War I
B. After World Wat II
C. In 1930s
D. In 1960s

[填空题]A—exchange rate B—foreign exchange certificate
C—selling rate D—change
E—credit card F—currency
G—service charge H—traveler’s cheque
I—mail transfer J—Bank of China
K—coin L—remittance
M—cash N—ATM
O—memo
( )自动取款机 ( )货币

[简答题]Real Exchange Rate

[填空题]Exchange Telegraph Company