chapter8 Instruments of Payment
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Chapter8 Checking Out at a Hotel备注:本次教学设计打破以往的step by step的师生对话式的设计。
我们的设计提供多种选择性的活动设计,最大限度地提供给不同的教师、不同的学生选择性使用适合于你自己教学方式和学生的那种活动。
教学目的:这部分的教学目的是学习与主题相关的词汇。
通过单元词汇客房内设施与备品名称导入与学习,为整个单元的学习活动作必要的语言积累和准备。
使学生初步了解办理退房手续的常用词汇及相关客房设施与备品的英文名称,同时也为完成本单元的任务做了词汇上的准备。
Section A课时分配建议:1个课时。
Warming Up1A Match and say. 根据所给的图片和单词,配对并说出相应的名称。
【教学建议】教师与学生Free talk:Look! Where is Li Ming? 教师通过李明在Princess Hotel的照片,让学生猜猜图片中的李明在哪里,打算做什么。
当学生提到check out时,教师可随即表述:Li Ming is leaving for a new scenic spot. Now he is going to check out, too. 将话题引导到在旅馆办理退房手续的话题。
Step1: Individual activity. Students go through the pictures and know the meaning of each picture.【教学建议】教师提问:“What’s this?”或“What can you see in the picture / video?”,学生说出每张图片中涉及的办理退房手续时有关物品的英文名称,教师选择几组进行检查并给出反馈。
Step2: Individual activity. Students read the words (lobby, room number, receipt, reception desk), and match the words with pictures.【说明】本活动的目的是提供办理退房手续相关词汇,导入话题。
CHAPTER 8 MANAGEMENT OF TRANSACTION EXPOSURE SUGGESTED ANSWERS AND SOLUTIONS TO END—OF—CHAPTER QUESTIONS ANDPROBLEMSQUESTIONS1。
How would you define transaction exposure? How is it different from economic exposure? Answer:Transaction exposure is the sensitivity of realized domestic currency values of the firm’s contractual cash flows denominated in foreign currencies to unexpected changes in exchange rates。
Unlike economic exposure, transaction exposure is well-defined and short-term。
2。
Discuss and compare hedging transaction exposure using the forward contract vs。
money market instruments。
When do the alternative hedging approaches produce the same result?Answer: Hedging transaction exposure by a forward contract is achieved by selling or buying foreign currency receivables or payables forward。
On the other hand,money market hedge is achieved by borrowing or lending the present value of foreign currency receivables or payables, thereby creating offsetting foreign currency positions. If the interest rate parity is holding, the two hedging methods are equivalent。