国际贸易专业英语课后参考答案
国际贸易实务英文版第二版课后习题答案

Chapter 2 International Trade TermsIII. Explain the following terms1. shipment contractShipment contract is a contract using an Incoterm which indicates that the delivery happens at the time or before the time of shipment.2. symbolic deliverySymbolic delivery is a delivery situation in which when the seller delivers the buyer does not physically receive the goods. This kind of delivery is proved by the submission of transport document by the seller to the buyer.3. arrival contractArrival contract means a contract using an Incoterm which indicates that the delivery happens when the goods arrive at the destination.4. actual deliveryActual delivery refers to a delivery situation in which when the seller delivers the buyer does physically receive the goods.IV. Short questions1. Who pays for loading for shipment under FOB ?The seller.2. Who pays for unloading under CIF?The buyer.3. Compare and contrast FOB, CFR and CIF?Similarities: a. The seller's risk will be transferred to the buyer when the goods are loaded on board, b. The seller is responsible for export customs formalities while the buyer is responsible for import customs formalities, c. The buyer is responsiblefor unloading the goods at the port of destination, d. All three terms can only be used for waterway transportation.Differences: a. FOB requires the buyer to arrange and pay for the ocean transportation; CFR requires the seller to arrange and pay for the ocean transportation; CIF requires the seller to arrange and pay for the ocean transportation and insurance against the buyer's risk.4. What are the two types of trade terms concerning the transfer of risks?Shipment contract terms vs. arrival contract terms. Under shipment contract terms the seller's risk will be transferred to the buyer before the goods depart from the place/port of shipment. Under arrival contract terms the seller will bear the risk of the goods until the goods arrive at the destination.5. What are the differences and similarities between CPT and CFR?Major similarities: a. The seller should contract and pay for the major carriage.b. The seller is not taking the risk of loss of or damage to the goods during the transportation.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by the seller. Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.6. What are the differences and similarities between CIP and CIF?Major similarities: a. The seller should contract and pay for the major carriage.b. The seller is not taking the risk of loss of or damage to the goods during the transportation,c. The seller must obtain insurance against the buyer's risk.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for seaway or inland waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carriernominated by the seller. Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.7. If you trade with an American, is the sales contract subject to Incoterms without any doubt? What should you do?No. The Revised American Foreign Trade Definitions 1941 is still in use, especially in the North American area. It has different interpretation about some trade terms. The traders should clarify the choice of rules before any further discussion.FOB, CFR & CIF.9. Who is responsible for carrying out customs formalities for exports under an FOB contract?The seller. According to Incoterms 2010, except EXW and DDP these two terms, all the other eleven terms require the seller to handle the export customs formalities, while the buyer the import customs formalities.10. If a Chinese trader signs an FOB contract, is he exporting or importing?Importing. FOB should be used with a "named port of shipment", if is the port of shipment, from the Chinese trader's perspective, he is importing.V. Case studies1. An FOB contract stipulated "The shipment will be effected in March 2011." When the goods were ready on 10 March , the seller contacted the buyer for shipment details. The buyer faxed "Please send the goods to the port for loading on 21 March. The vessel will depart on 22 March." The seller sent the goods to the port accordingly. However the nominated vessel did not turn up and the goods had to be stored in the warehouse at the port. On the night of 21 March a fire happened in the warehouse area and part of the goods was damaged. When the vessel arrived two days later the seller and the buyer had an argument about the settlement of the loss. The seller required the buyer to bear the loss caused by the fire, but the buyer believed that the vessel arrived within the shipment period and the loss occurredbefore the seller delivered the goods therefore the seller should bear the loss. Please provide your solution.析:1)首先案例中提到货物发生了损失是由于货物存放在码头仓库期间发生火灾造成的。
国际贸易实务英文版课后练习参考答案

从量税specific duties财政关税revenue tariff政府采购government procurement从价税Ad valorem Duties增加内需raise domestic demandDomestic content 国内含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额Trade bloc 贸易集团Trade block 贸易禁运/封锁Open regionalism 开放式区域主义Trade embargoes 贸易禁运歧视性关税discriminatory tariffs经济制裁economic sanction贸易弹性trade elasticity双边贸易协定bilateral trade agreements多边贸易协定multilateral trade agreements惠国Patronage nations受惠国Favored nations缔约国Contracting Parties市场准入market access透明度transparency紧急进口措施Urgent Importing Measures争端解决机制dispute settlement mechanism可持续发展sustainable development特许经营franchise惠国Patronage nations受惠国Favored nations缔约国Contracting Parties市场准入market access透明度transparency紧急进口措施Urgent Importing Measures争端解决机制dispute settlement mechanism可持续发展sustainable development特许经营franchiseFOB 吊钩下交货 FOB Under Tackle平舱 trim多式联运 multimodal transport船舷 shipboard内陆水运 marine navigation on inland waterway理舱 stowCFR 卸至岸上(含着陆费) CFR LandedCFR 舱底交货 CFR Ex-ship’s HoldCFR 班轮条件 CFR liner termsReference /Duplicate Sample 基准样品/副样Qulity Tolerance 品质公差Counter Sample 对等样品More or Less Clauses 溢短装条款Neutral Packing 中性包装Customs Formality 报关手续Inspection Certificate of Quality 质量检验证书FDA 食品及药物管理局Marking of Goods 标记货物毛重gross weight理论重量theoretical weight净重net weight约定皮重computed tare公量conditioned weight单位重量unit weight含水量water capacity习惯皮重customary tare法定重量legal weight实际皮重actual tare从价税ad valorem duty平均皮重average tare货样不符goods not equal to the sample副产品by-products国家质量监督校验检疫总局General Administration of Quality Supervision,Inspection and Quarantine of the People’s Republic of China油轮Oil tanker定程租船Voyage Charter滚装船Ro /Ro vessel定期租船Time Charter载驳轮LASH(Light Aboard Ship)光船租船Bare Boat Charter(BBC)船期表sailing schedule租船合同charter contract滞期费demurrage charge班轮运价表liner freight rate schedule速遣费dispatch money选卸附加费optional additional直航附加费direct additional转船附加费transshipment surcharge港口拥挤附加费Port Congestion Surcharge运输代理transpotation agent包裹package拼箱货LCL(Less than container load)结汇settlement整箱货FCL(Full container load)空运单Air waybill集装箱货运站container yard装运通知shipping notice处置权right of disposalPartial shipment /transshipment 分批装船/转运Order B /L 指示提单Combined transport B /L 联合运输提单Blank B/L 空白提单Straight B/L 记名提单Through B /L 联运提单Liner B/L 班轮提单Ante-dated B /L 倒签提单Advanced B/L 预借提单Consignment note 陆运或铁路运输通知Blank endorsement 空白背书IATA 国际航空运输协会Combined transport documents 多式联运单据FCL /LCL 整箱交/拆箱接投保人insured共同海损general average投保金额insured amount外来风险extraneous risks保险单insurance policy推定全损constructive average海上风险marine risks施救费用salvage charges救助费用sue and labor expenses意外事故misfortune承保人insurer单独海损particular average保险费insurance premium航空运输货物战争险air transportation war risk 陆运险land transportation risks陆运一切险land transportation all risks估损费用risk estimation charges航空运输一切险air transportation all risks Ocean marine insurance 海运保险Basic risks coverage 基本险种Insured amount 投保金额T.P.N.D 偷盗、失窃、提货不着险Taint of ordr 窜味险Overland transportation insurance 陆上运输保险Parcel post insurance 邮寄包裹保险Free from particular average 平安险Additional risks coverage 附加险别Fresh water and /or rain damage 淡水雨淋险With particular average 水渍险信用状况 credit standard远期信用证time L /C,usance L /C通知银行advising bank信用证有效期the maturity of L /C交付运单delivery of B /L支付保障条款confirmation of credit支付结算payment and settlement申请人与受益人applicant and beneficiary国际保理international factoringirrevocable letter of credit 不可撤销信用证confirmed L /C 保兑信用证revocable letter of credit 可撤销信用证sight draft 即期汇票commercial bill of exchange 商业汇票time draft 远期汇票governmental guarantee 政府保函drawee 付款人仲裁条款arbitration clause仲裁员arbitrator做出裁决issue an award提出仲裁申请submit dispute to arbitration国际商会International Chamber of Commerce美国仲裁协会American Arbitration Association中国国际经济贸易仲裁委员会China International Economic &Trade Arbitration Commission首席仲裁员presiding arbitratorPotential partner 潜在合作伙伴ICC 国际商会Qualified negotiators 合格的谈判队伍Commercial negotiation 商业谈判Negotiation brief 谈判纪要Negotiation team 谈判团队Conclude a negotiation 终结谈判Credit reference 信用参照Business range 商务往来范围Face-to-face negotiation 面对面谈判Annual sales volume 年度销售额Trade show 贸易展销会还盘counter-offer询盘inquiry受盘人offeree发盘人offeror发盘offer可撤消的revocable虚盘offer without engagement实盘offer with engagement一般交易条件common practice in international trade失效invalid撤回revoke市场经济地位market economy status出口程序exporting procedures出口许可exporting license计价货币payment of account订舱book the shipping space or ship审单check documents报关customs dedaration提货taking delivery备货cargo readiness制单结汇document examination and paymentImporting procedures 进口程序Import license system 进口许可制度Returned Goods Relief 退转商品减免Product liability 产品责任ATA carnet 暂准进口证Inward /Outward processing 进出口加工原产地证书certification of origin领事发票consular invoice海关发票customs invoice外汇许可证foreign exchange license形式发票pro forma invoice商业发票commercial invoice国际汇款申请单application for international transfer跟单信用证申请表application for documentary letter of credit 海运提单bill of lading多联运提单Multi-transportation B /L托运单consignment note到货通知arrival notification经销distribution寄售consignment一般经销商non-exclusive distributor独家经销商sole distributor中间人intermediary保付代理factoring直接贸易direct trade间接贸易indirect trade存货stock-in-tradeforwarding agents 运输商clearing agents 清算代理retail price 零售价ultimate customers 最终客户consignor 寄件人consignee 收件人gross proceeds 总货价收入to sell goods on discount 折扣销售working capital 运营资本conform to all rules 遵守所有条款consignment note 托运单交钥匙工程turn-key plant-engineering 工程设计designs of plant-engineering 总价合同total price contract单价合同unit price contract邀标invitation to bid基价base price limit on bid递标submission of tenders保函a letter of performance guarantee 开标bid opening议标evaluation of tenderTender 标书bid document 竞标文本initial design 初始设计construction design 结构设计Know-how 专有技术Initial operation 初始运作Main contractor 主承包商Subconstracor 分包商countertrade 对等贸易compensation trade 补偿贸易counter purchase 回购switch trade 转手贸易offset 抵偿贸易swap 互换barter 物物交易reverse countertrade 反向对等贸易infrastructure 基础设施clearing agreements 清算协定buyback 回购、产品返销parallel trade 对购、平行贸易CBOT (Chicago Board of Trade)芝加哥期货交易所CME (Chicago Mercantile Exchange)芝加哥商品交易所NYME (New York Mercantile Exchange)纽约商品交易所London Metal Exchange 伦敦钢铁交易所Tokyo Stock Exchange 东京证券交易所Singapore International Monetary Exchange 新加坡国际金融交易所Clearing houses 清算中心Hong Kong Commodity Exchange 香港商品交易所Margin system 保证金系统Variation margin 价格变动保证金Floor traders 场内交易人期货市场futures market期货合同futures contract冲抵hedging期货交易所futures exchange远期合同forward contract初始保证金original margin套期保值hedging投机者speculator买入套期保值long hedging卖出套期保值short hedging头寸position现价/期价present value /future value1.Futures trading originated from forward contracts.2.Future markets are centralized, regulated markets where an actual commodity is not physically traded; instead, futures contracts are bought and sold.3.Future prices are quote for delivering a designated quality and quantity of goods to a specific place and time.4.Hedging is the practice of offsetting the price risk inherent in any cash market position by buying or selling futures contracts.5.Hedgers use futures to protect their businesses from negative price changes that could negatively impact the bottom-line profitability of their businesses.6.A future exchange is usually a membership organization whose purpose is to facilitate the trading of futures contract.1.Tariff is a duty collected by customs of a government on imports and /or exports.2.A revenue tariff can be some of the incomes of a government,but it must be taken under control.3.To export goods at an unreasonably low price is taken as dumping which might be fought against by government of the importing country.4.A tariff may be assessed on a per unit basis,in which case it is known as a specific duty.It also may be assessed as a percentage of the value of the item,in which case it is knownas an ad valorem duty.5.Import tariffs primarily serve as a means of raising the price of the import goods so that competitively produced domestic goods will gain a relative price advantage.1.Under CFR,buyer should effect insurance.2.Under CIF Ex-Ship’s Hold,seller should pay the discharge charges. 3.Under CIF,the insured amount should be US $22000 if the contracted price is US$20000.4.Under CIP,seller has to procure insurance against the buyer’s risk of loss of or damage to the goods during the carriage.5.The FAS term requires the seller to clear the goods for export. 6.The DEQ term requires the buyer to proceed with the customs clearance for imports and payment of all customs duty.7.Under DDP,the seller must pay the costs of customs duties as well as all duties,taxes and other official charges payable upon exportation and importation of the goods.8.Under DDU the seller must give the buyer instant notice of the shipping of the goods as well as any other notice required in order to allow the buyer to take measure.1.An overseas importer is a country to which an exporter intends to export his commodities.2.Quota is a limit on the quantitative amount of a product allowed to export out of a country in a year.3.A negotiating brief is an attitude toward setting small issues before deciding on principles.4.An offer is the price given by a trader who is willing to buy or sell commodities at that price.5.Counter-offer is a process usually made by the buyer of asking the seller about the terms of a sale.6.Business negotiation is the process in which the seller and the buyer discuss about the trade terms in order to reach an agreement about the sales of goods.7.Promotional communication includes a series of activities by a company for making its new products generally known and well liked,usually by participating in the export commodity fairs,distributingcatalogs,booklets,and samples among his potential customers,etc.1.Most of the import transactions in that country are under FOB term.2.After signing a contract,the importer should open L /C to fit the sales contract term.3.Under FCA,the importer is responsible for shipment.4.After receiving the exporter’s notification of cargo readiness,the importer should book shipping space or ship.5.Under CFR,the importer should ask the exporter to advise the shipment in time so that the goods can be covered by insurance without delay.6.After shipment,the exporter will present to the negotiating bank the relevant documents to get payment.7.Under documentary collection,the importer himself should examine the documents presented by the exporter to confirm if they meet the requirements of the sales contract.8.The import inspection is always taken to confirm if the goods are in conformity with the terms stipulated in the sale contract.Should any problem occurs,the importer need to make claims against the relevant party immediately.9.Documentation should be completed by the exporter with absolute accuracy and clarity.10.After receiving the shipping order from the carrier,the exporter may start to ensure the loading of the goods.The exporter should supervise the loading process,and get B/L from the carrier.1.Countertrade is a fundamental and simple term that includes all of the variations of the exchange of goods for goods.2.The common reason for counter trade are: to create new export markets or promote export products; to acquire new technology or attract foreign investment; to balance trade for economic or political reason.3.In counter purchase, the value of counter goods does not have to equal that of the export.4.Switch involves at least three parties, or even four or five parties.It is closely linked with the bilateral clearing agreements, a kind of basis for barter transactions between governments.5.Offset means that the exporter agrees to use goods and services from the buyer’s country in the product being sold.Offset may be direct or indirect, depending on whether the goods and services are integral parts of the product.Ⅱ1.Enquiry is an indispensable procedure in international business transactions taken by an overseas buyer to a seller,inquiring upon the terms of a sale.2.In order to avoid the problems resulting from direct importing such as great time consumption and difficulty to find the right overseas supplier,the importer could adopt the solution of importing indirectly,which means to use a third-party company to handle the importation process.3.Under DEQ,the buyer is required to clear the goods for import in Incoterms 2000,which is a reversal from previous Incoterms versions.4.Goods like tobacco or alcohol products are subject to excise duty.5.For imports of goods that were previously exported but have not been processed overseas,the importers could be able to claim Returned Goods Relief.6.If the importer tends to place regular orders with an overseas supplier,he could be able to protect himself against foreign exchange risk for longer by agreeing a fixed price contract,or arranging medium-term foreign exchange protection.Ⅱ1.Bill of lading gives the holder of the document ownership of the goods mentioned on it.2.Certificate of origin is prepared for the Customs authorities who need to know from which country the goods have originated.3.When a sale of goods has been agreed,the seller draws up and signs a sales contract,which is then passed to the buyer for acceptance by signing across it.4.Documentary letter of credit is also a kind of bill of exchange,but there are various foreign documents “attached”.5.In the collection method of payment for goods,the exporter uses the banking system to send the importer a collection order to get paid.1.Wholesaling and retailing are part of the marketing system which provides channels of distribution that are used to bring goods to overseas markets.2.A direct channel moves goods from the manufacturer or producer to the consumer.3.Export and import agents work on behalf of other businesses and receive a commission as a percentage of the sales or purchases which they handle.4.Unlike agents,distributors buy goods from the principals on their own account and take title to them and resell them to their customers in their territory.5.Sole distributor is the only distributor in a territory.6.Under consignment,the agent sends the goods to a foreign consignee who will sell the goods for the exporter according to the agreed terms.1.Employer means the person named as such in the conditions of contract and of subcontract and the legal successors in title to, or assignees of, such person.2.Contractor means the person named as such in the conditions of contract and of subcontract and the legal successors in title to, or assignees of, such person, but not any assignee of such person.3.Engineer means the person appointed by the employer to act as Engineer for the purposes of the Main contract and named as such in the conditions of subcontract.4.Main Contract means the contract entered into between the Employer and the contractor.5.Letter of Acceptance means the formal acceptance by the Employer of the contractor’s offer.6.Bill of Quanntities means the priced and completed bill of quantities forming part of the contractor’s offer.7.Tender means the contractor’s priced offer to the employer for the works, as accepted by the Letter of Acceptance.1.What is international trade?International trade,is the fair and deliberate exchange of goods and /or services across national boundaries.It concerns trade operations of both import and export and includes the purchase and sale of both visible and invisible goods.2.Why is it an irreversible trend to have the international trade for all the countries around the world?In today’s complex economic world,neither individuals nor nations are self-sufficient.Nations participate in the international trade for many reasons.As to the economic reasons,no nation has all of the economic resouces (land,labor and capital) that it needs to develop its economy and culture,and no country enjoys a particular item sufficient enough to meet its needs.As for the preference reasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3.How is international trade measured?In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balance of trade and balance of payments. 4.What is the definition of FDI?Please list your own ideas about the great significance of FDI for chinaFDI,the abbreviation form Foreign Direct Investment,means buying of permanentproperty and business in foreign nations.It occurs when acquisition of equity interest in aforeign company is made.The great significance of FDI for China might be that: FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure,national supporting industry,key projects,etc.1.Protectionism means the deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。
国际贸易专业英语第二版课后答案

国际贸易专业英语第二版课后答案1、Across the river(). [单选题] *A. lies a new built bridgeB.lies a newly built bridge(正确答案)C. a new built bridge liesD.a newly built bridge lies2、Jim wants to hang out with his friends at night, but his parents don’t allow him ______ so. ()[单选题] *A. doB. doneC. to do(正确答案)D. doing3、I_____you that I had made the right decision. [单选题] *A.ensuredB.insuredC.assured(正确答案)D.for sure4、Jack can speak Japanese, and his brother can _______ speak Japanese. [单选题] *A. tooB. also(正确答案)C. eitherD. as well5、I have only two tickets for TF Boys’concert. ______ you ______ he can go with me.()[单选题] *A. Either; or(正确答案)B. Either; norC. Both; andD. Not only; but also6、During the Spring Festival, people in Northern China usually eat _______ as a traditional Chinese food. [单选题] *A. pizzaB. dumplings(正确答案)C. hamburgersD. noodles7、I am so excited to receive a _______ from my husband on my birthday. [单选题] *A. present(正确答案)B. percentC. parentD. peace8、41.—________ do you take?—Small, please. [单选题] *A.What size(正确答案)B.What colourC.How manyD.How much9、86.—? ? ? ? ? ? ?will it take me to get to the Golden Street?—About half an hour. [单选题]* A.How farB.How long(正确答案)C.How oftenD.How much10、94.—Let’s go out for a picnic on Sunday.—________. [单选题] *A.Nice to meet youB.Here you areC.The same to youD.Good idea(正确答案)11、Can you give her some ______ ? [单选题] *A. advice(正确答案)B. suggestionC. advicesD. suggest12、I think you should buy this novel. It is really worth _____. [单选题] *A. reading(正确答案)B. being readC. readD. to read13、He has bought an unusual car. [单选题] *A. 平常的B. 异常的(正确答案)C. 漂亮的D. 废弃的14、I _______ the job because I couldn’t stand(忍受) the rules. [单选题] *A. gave inB. gave outC. gave backD. gave up(正确答案)15、Once you get on the road, here are some traffic _______ to remember. [单选题] *A. problemsB. positionsC. rules(正确答案)D. points16、I walked too much yesterday and ()are still aching now. [单选题] *A. my leg's musclesB. my leg muscles(正确答案)C. my muscles' of legD. my legs' muscles17、We have _______ a double room with a bath for you in the hotel. [单选题] *A. boughtB. reserved(正确答案)C. madeD. taken18、Bliss, who worked in an information centre, began to work on the book in 1 [单选题] *A. 策划B. 上班C. 写作(正确答案)D. 销售19、—What ______ your sister ______ this Saturday?—Something special, because it’s her birthday. ()[单选题] *A. are; going to doB. is; going to do(正确答案)C. does; doD. did do20、My brother usually _______ his room after school. But now he _______ soccer. [单选题] *A. cleans; playsB. cleaning; playingC. cleans; is playing(正确答案)D. cleans; is playing the21、I _______ seeing you soon. [单选题] *A. look afterB. look forC. look atD. look forward to(正确答案)22、It’s windy outside. _______ your jacket, Bob. [单选题] *A. Try onB. Put on(正确答案)C. Take offD. Wear23、I’m still unable to make myself_____in the discussion, which worries me a lot. [单选题]*A.understandB.understood(正确答案)C.understandingD.to be understood24、How can I _______ the nearest supermarket? [单选题] *A. get offB. get upC. get to(正确答案)D. get on25、_____ yuan a month _____ not enough for a family of three to live on today. [单选题] *A. Five hundred; is(正确答案)B. Five hundreds; areC. Five hundred; areD.Five hundreds; is26、One thousand dollars a month is not a fortune but at least can help cover my living(). [单选题] *A. billsB. expenses(正确答案)C. pricesD. charges27、The bookshop is far away. You’d better _______. [单选题] *A. by the busB. by busC. take busD. take?the bus(正确答案)28、The teachers don't make us wear a school uniform and we can wear _____ we like. [单选题] *A. anyB. thatC. asD. what(正确答案)29、65.There is a big sale on in the shop! Every-thing is ________ price. [单选题] *A.bigB.fullC.zeroD.half(正确答案)30、It’s very hot. Please _______ your coat. [单选题] *A. look afterB. take off(正确答案)C. take onD. put on。
国际贸易实务英语课后练习答案

Unit oneI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph:trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。
在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。
实质上,盈余国家在给予赤字国家信贷。
如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。
I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论 2)比较优势理论 3)国际劳动分工 4)要素禀赋理论 5)土地密集型产品 6)劳动密集型产品 7)资本密集新产品 8)获得优势 9)天然优势 10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。
国际贸易实务英文版第二版课后习题答案解析

III. Explain the following terms1. shipment contractShipment contract is a contract using an Incoterm which indicates that the delivery happens at the time or before the time of shipment.2. symbolic deliverySymbolic delivery is a delivery situation in which when the seller delivers the buyer does not physically receive the goods. This kind of delivery is proved by the submission of transport document by the seller to the buyer.3. arrival contractArrival contract means a contract using an Incoterm which indicates that the delivery happens when the goods arrive at the destination.4. actual deliveryActual delivery refers to a delivery situation in which when the seller delivers the buyer does physically receive the goods.IV. Short questions1. Who pays for loading for shipment under FOB ?The seller.2. Who pays for unloading under CIF?The buyer.3. Compare and contrast FOB, CFR and CIF?Similarities: a. The seller's risk will be transferred to the buyer when the goods are loaded on board, b. The seller is responsible for export customs formalities while the buyer is responsible for import customs formalities, c. The buyer is responsible for unloading the goods at the port of destination, d. All three terms can only be used for waterway transportation.Differences: a. FOB requires the buyer to arrange and pay for the ocean transportation; CFR requires the seller to arrange and pay for the ocean transportation; CIF requires the seller to arrange and pay for the ocean transportation and insurance against the buyer's risk.4. What are the two types of trade terms concerning the transfer of risks?Shipment contract terms vs. arrival contract terms. Under shipment contract terms the seller's risk will be transferred to the buyer before the goods depart from the place/port of shipment.Under arrival contract terms the seller will bear the risk of the goods until the goods arrive at the destination.5. What are the differences and similarities between CPT and CFR?Major similarities: a. The seller should contract and pay for the major carriage. b. The seller is not taking the risk of loss of or damage to the goods during the transportation.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by the seller. Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.6. What are the differences and similarities between CIP and CIF?Major similarities: a. The seller should contract and pay for the major carriage. b. The selleris not taking the risk of loss of or damage to the goods during the transportation, c. The seller must obtain insurance against the buyer's risk.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for seaway or inland waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by the seller.Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.7. If you trade with an American, is the sales contract subject to Incoterms without any doubt?What should you do?No. The Revised American Foreign Trade Definitions 1941 is still in use, especially in the North American area. It has different interpretation about some trade terms. The traders should clarify the choice of rules before any further discussion.8. What are the most commonly used trade terms?FOB, CFR & CIF.9. Who is responsible for carrying out customs formalities for exports under an FOB contract?The seller. According to Incoterms 2010, except EXW and DDP these two terms, all the other eleven terms require the seller to handle the export customs formalities, while the buyer the import customs formalities.10. If a Chinese trader signs an FOB Hamburg contract, is he exporting or importing?Importing. FOB should be used with a "named port of shipment", if Hamburg is the port of shipment, from the Chinese trader's perspective, he is importing.V. Case studies1. An FOB contract stipulated "The shipment will be effected in March 2011." When the goodswere ready on 10 March 201 l, the seller contacted the buyer for shipment details. The buyer faxed "Please send the goods to the port for loading on 21 March. The vessel will depart on22 March." The seller sent the goods to the port accordingly. However the nominated vesseldid not turn up and the goods had to be stored in the warehouse at the port. On the night of 21 March a fire happened in the warehouse area and part of the goods was damaged. When the vessel arrived two days later the seller and the buyer had an argument about the settlement of the loss. The seller required the buyer to bear the loss caused by the fire, but the buyer believed that the vessel arrived within the shipment period and the loss occurred before the seller delivered the goods therefore the seller should bear the loss. Please provide your solution.析:1)首先案例中提到货物发生了损失是由于货物存放在码头仓库期间发生火灾造成的。
国际贸易专业英语第四版答案

国际贸易专业英语第四版答案1、72.—? ? ? ? ? ? ? ? ? ? ? ??—Yes, please. I want a sweater. [单选题] * A.How muchB.Can I help you(正确答案)C.Excuse meD.What will you take2、The boy’s mother always _______ him a story before he goes to bed. [单选题] *A. saysB. speaksC. tells(正确答案)D. talks3、Every morning John takes a()to his office. [单选题] *A. 20-minutes' walkB. 20 minute ' walkC. 20-minutes walkD. 20-minute walk(正确答案)4、This year our school is _____ than it was last year. [单选题] *A. much more beautiful(正确答案)B. much beautifulC. the most beautifulD. beautiful5、—Can you play the violin at the art festival?—No, I ______. But I am good at playing the drums.()[单选题] *A. canB. can’t(正确答案)C. doD. don’t6、( ) My mother told me _____ in bed. [单选题] *A. not readB. not readingC. don’t readD. not to read(正确答案)7、He often comes to work early and he is _______ late for work. [单选题] *A. usuallyB. never(正确答案)C. oftenD. sometimes8、--How is your friend coming?--I’m not sure. He _______ drive here. [单选题] *A. may(正确答案)B. canC. mustD. will9、The huntsman caught only a()of the deer before it ran into the woods. [单选题] *A. gazeB. glareC. glimpse(正确答案)D. stare10、--Can I _______ your dictionary?--Sorry, I’m using it. [单选题] *A. borrow(正确答案)B. lendC. keepD. return11、Comparatively speaking, of the three civil servants, the girl with long hair is _____. [单选题] *A. more helpfulB. extremely helpfulC. very helpfulD. the most helpful(正确答案)12、( ) It tells what is going on ___the county and all____the world. [单选题] *A. across; over(正确答案)B. all; acrossC. in; inD.to; for13、34.My mother isn't in now, but she will be back ______ ten minutes. [单选题] *A.forB.beforeC.in(正确答案)D.at14、The sun disappeared behind the clouds. [单选题] *A. 出现B. 悬挂C. 盛开D. 消失(正确答案)15、In many cities, a low-carbon lifestyle has become(). [单选题] *A. more popular and more popularB. more and more popular(正确答案)C. the most popularD. most and most popular16、24.Kitty’s father ______ a policeman since 2 He loves helping people. [单选题] * A.isB.wasC.has been (正确答案)D.have been17、21 In a few years' time, there ________ thousands of trees on the hill. [单选题] * A.will haveB.will be(正确答案)C.are haveD.have18、I like this house with a beautiful garden in front, but I don't have enough money to buy _____. [单选题] *A. it(正确答案)B. oneC. thisD. that19、His sister ______ the chess club.()[单选题] *A. want to joinB. want joiningC. wants to join(正确答案)D. wants joining20、—Tony, it’s cold outside. ______ wear a jacket?—OK, mom.()[单选题] *A. Why not(正确答案)B. Why don’tC. Why did youD. Why do you21、More than one student_____absent from the class yesterday due to the flu. [单选题] *A.areB.hasC.isD.was(正确答案)22、I run out of money. Could you _______ me some?[单选题] *A. lend(正确答案)B. sellC. borrowD. buy23、_____how to do with the trouble of the computer, Tom had to ask his brother for help. [单选题] *A.Not to knowB.Not knowing(正确答案)C.Not knownD.Not know24、32.Mr. Black is ______ now, so he wants to go to a movie with his son. [单选题] *A.busyB.free(正确答案)C.healthyD.right25、A healthy life is generally thought to be()with fresh air, clean water, and homegrown food. [单选题] *A. joinedB. boundC. lackingD. associated(正确答案)26、Will you be able to finish your homework _______? [单选题] *A. by the timeB. in time(正确答案)C. once upon a timeD. out of time27、8.—Will she have a picnic next week?—________. And she is ready. [单选题] *A.Yes, she doesB.No, she doesn'tC.Yes, she will(正确答案)D.No, she won't28、pencil - box is beautiful. But ____ is more beautiful than ____. [单选题] *A. Tom's; my; heB. Tom's; mine; his(正确答案)C. Tom's; mine; himD. Tom's; my; his29、They will hold the party if they _____ the project on time. [单选题] *A. will completeB. complete(正确答案)C.completedD. had completed30、I hadn't realized she was my former teacher _____ she spoke [单选题] *A. asB. sinceC. until(正确答案)D. while。
国际贸易实务英文版第二版课后习题答案

国际贸易实务英文版第二版课后习题答案III. Explain the following terms1. shipment contractShipment contract is a contract using an Incoterm which indicates that the delivery happens at the time or before the time of shipment.2. symbolic deliverySymbolic delivery is a delivery situation in which when the seller delivers the buyer does not physically receive the goods. This kind of delivery is proved by the submission of transport document by the seller to the buyer.3. arrival contractArrival contract means a contract using an Incoterm which indicates that the delivery happens when the goods arrive at the destination.4. actual deliveryActual delivery refers to a delivery situation in which when the seller delivers the buyer does physically receive the goods.IV. Short questions1. Who pays for loading for shipment under FOB ?The seller.2. Who pays for unloading under CIF?The buyer.3. Compare and contrast FOB, CFR and CIF?Similarities: a. The seller's risk will be transferred to the buyer when the goods are loaded on board, b. The seller is responsible for export customs formalities while the buyer is responsible forimport customs formalities, c. The buyer is responsible for unloading the goods at the port of destination, d. All three terms can only be used for waterway transportation.Differences: a. FOB requires the buyer to arrange and pay for the ocean transportation; CFR requires the seller to arrange and pay for the ocean transportation; CIF requires the seller to arrange and pay for the ocean transportation and insurance against the buyer's risk.4. What are the two types of trade terms concerning the transfer of risks?Shipment contract terms vs. arrival contract terms. Under shipment contract terms the seller's risk will be transferred to the buyer before the goods depart from the place/port of shipment. Under arrival contract terms the seller will bear the risk of the goods until the goods arrive at the destination.5. What are the differences and similarities between CPT and CFR?Major similarities: a. The seller should contract and pay for the major carriage. b. The seller is not taking the risk of loss of or damage to the goods during the transportation.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by the seller. Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.6. What are the differences and similarities between CIP and CIF?Major similarities: a. The seller should contract and pay for the major carriage. b. The seller is not taking the risk of loss of ordamage to the goods during the transportation, c. The seller must obtain insurance against the buyer's risk.Difference: a. CPT is applicable to any kind of transportation mode while CFR is only used for seaway or inland waterway transport, b. Under CPT the seller's risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by the seller. Under CFR the seller's risk will be transferred when the goods are loaded on board the vessel.7. If you trade with an American, is the sales contract subject to Incoterms without any doubt? What should youdo?No. The Revised American Foreign Trade Definitions 1941 is still in use, especially in the North American area. It has different interpretation about some trade terms. The traders should clarify the choice of rules before any further discussion.8. What are the most commonly used trade terms?FOB, CFR & CIF.9. Who is responsible for carrying out customs formalities for exports under an FOB contract?The seller. According to Incoterms 2010, except EXW and DDP these two terms, all the other eleven terms require the seller to handle the export customs formalities, while the buyer the import customs formalities.10. If a Chinese trader signs an FOB Hamburg contract, is he exporting or importing?Importing. FOB should be used with a "named port of shipment", if Hamburg is the port of shipment, from the Chinese trader's perspective, he is importing.V. Case studies1. An FOB contract stipulated "The shipment will be effectedin March 2011." When the goods were ready on 10March 201 l, the seller contacted the buyer for shipment details. The buyer faxed "Please send the goods to the port for loading on 21 March. The vessel will depart on 22 March." The seller sent the goods to the port accordingly. However the nominated vessel did not turn up and the goods had to be stored in the warehouse at the port. On the night of 21 March a fire happened in the warehouse area and part of the goods was damaged.When the vessel arrived two days later the seller and the buyer had an argument about the settlement of the loss. The seller required the buyer to bear the loss caused by the fire, but the buyer believed that the vessel arrived within the shipment period and the loss occurred before the seller delivered the goods therefore the seller should bear the loss. Please provide your solution.析:1)首先案例中提到货物发生了损失是由于货物存放在码头仓库期间发生火灾造成的。
国际贸易英语课后练习答案

第二课III.1.clear-cut2.is characterized by3.gain from4.as well as5.constitute6.self-sufficient7.available8.arguments against9.shiftedply withV.1.One of the goals of the import policy is directed at the acquisition of capital goods that embody the modern technology needed to develop China’s economy.2.Many economists argue that free trade will enhance the economic growth and raise the living standard.3.International trade continues to be dominated byadvanced industrialized countries,the trade volume of which accounts for over half of the world’s total.4.Since implementation of the reform and opening up policy,especially after its accession to the WTO,China has achieved remarkable growth in foreign trade.5.Economists have been engaged in the research on the theoretical and practical issues arising from the expansion of international business.第三课Home work 1III.1.n othing more than2.r elating to3.w ork on4.i nvolves5.p revent…from6.b e dealt with7.o therwise8.a re(extremely)conscious of9.p ut into practice10.equivalent toV.1.After the Second World War,there emerged various forms of cross-border business activities such as trade in goods and services,foreign direct investment and technology transfer,etc.2.In the absence of exchange reserves or credit,or the possibility of negotiating other types of agreement,the only alternative is barter.3.Before entering into a licensing agreement,the licensor should have a thorough knowledge of the laws and regulation concerning the intellectual property rights in the licensee’s country.4.Increasingly,firms are obtaining more profits by introducing products from the foreign markets to their domestic markets as they move toward greater globalization of their operations.5.There is no question that high returns on overseas investments are the major motive formultinational companies to engage in foreign direct investment.第四课III.1.a s opposed to2.b reaking up into3.c onsist of4.c reep in5.s ell off6.c ome to7.b ack up8.o n hand9.c ome out10.draw downV.1.Chrysler should go into bankruptcy rather than turn to the government for help.2.This project plays the key role for this plant’s survival and development.3.The deal is seen as a U.S.vote of confidence in Russia’s economy.4.The surgeon on casualty duty was so busy that he just bolted down a sandwich.5.More specifically,they asked whether or not the United States really exported capital-intensive goods in exchange for labor-intensive goods.第五课III.1.i mposed on2.d ue to3.s ubject to4.i nterference with5.e xcept6.m eans7.l ed to8.p revent9.s o that10.intended toV.1.For many years there has been an agreement among nations against imposing quotas unilaterallyon goods.2.A protective tariff is intended to artificially inflate prices of imports and“protect”domestic industries from foreign competition.ernment procurement policies also are trade barriers because they usually favor domestic manufacturers and severely restrict purchases of imported goods by government agencies.4.Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers.Customs and other administrative formalities involve a variety of government policies and procedures that either discriminate against imports or favor exports.第六课III.1.a dhere to2.a t the heart of3.m ade strides in4.i n breach of5.a t stake6.a ccess to7.l eft out8.c ome to9.l ead to10.in terms ofV.1.Environmentalists argue that if issues such as global warming and protection of the rain forests are not brought into the equation,commercial goals will win out and the environment will suffer.2.Unconditional MFN status came in 2000,paving the way for WTO membership.3.A country found to be in breach of trade rules bya panel may appeal to the Appellate Body.4.All countries enjoy a recognized right to safeguard national interests,but this principe,as well as the interpretation of WTO rules themselves,is subject to considerable latitude in interpretation.5.To the dismay of the US,the panel decided thatJapan had not violated WTO rules,as there had been no connection between government action and Japan’s market structure.第七课III.1.k icking around2.b roke out3.h it a brick wall4.t ake on5.a ccounts for6.f ar from7.A mong other things8.s ticking point9.k een on10.wipe outV.1.Low-income countries were generally loath to take on the new issues and the meeting only agreed to establish working groups on the issues.2.At Cancun they formed an alliance which tookthe fight to the EU/US axis for the first time.3.Much to the chagrin of high-income countries,India,China,Cuba,Pakistan and Zimbabwe tried to relate the issue to the obligations,rather than the rights,of foreign investors.4.Environment clauses are somewhat like labour clauses in as much as they would generally allow a country to restrict imports from another country which has dubious environmental standards.5.At Cancun the European Union offered to withdraw the investment and competition clauses in the face of unrelenting opposition from the new G22 alliance of low-income countries.第八课III1.m ake delivery2.a s a result3.p ick(them) up4.c arry out5.t akes piace6.t akes delivery7.c alls for8.t ake over9.a pply to,refer toV.1. The buyer will assume all costs and risks and make arrangement associated with the transport of the goods,and must make payment according to the contract terms.2.If other modes of transport are involved,these terms do not apply,even if one of the legs of the journey is by ship.3.In a CFR contract,the seller has the usual FOB obligations,and after the vessel is loaded the seller is absolved from liability for damage to the cargo.4.Normally the buyer will make arrangement for further transportation,though the contract might specify that the seller will make such arrangements.5.The seller’s responsibility for costs and risk of loss will end when the rail car or truck trailer isloaded,or in the case of sea or air transport,when the goods are delivered to the carrier for loading.第九课III.1.l ends an image of2.a re better off3.a re not limited to4.r ather than5.o n a unit basis6.h ave great latitude to7.h ave incorporated into8.f ell out of favor9.f rom the standpoint that10.in conformance withV.1.It would be impractical to attempt to acknowledge individually those many who have given us aid and advice.2.National currencies always have advantage over private currencies.3.The factory was shut down for lack of funds.4.It’s management that is at fault rather than the workforce.5.Such behavior may result in the executive being asked to leave.第十课III.1.g uilty of2.c omply with3.h as no intention of4.t urned down into5.I n the event of6.t ake place7.i n question8.a ssociated with9.b roken down into10.in principleV.1.The company may prefer to submit quotes in the form of a pro-forma invoice for ease of administration as the pro-forma details can be simply transferred to a commercial invoice whenthe order is placed.2.Once the quotation has been submitted to the buyer,the exporter is committed to fulfilling all the terms contained within the document should an order be placed on the strength of it.3.The buyer,understandably,pointed out that the contract had been agreed and that the exporter was bound to its terms.4.Difficulties may arise when the purchasing company also includes its own standard terms and condition and tries to gain the upper hand.5.The exporter is advised to prepare some standard terms and condition of sale that can be incorporated into the documentation in addition to the specific terms of the contract.第十一课III.1.U nder the circumstances2.O wing to3.i n view of4.h onour5.i n accordance with6.s ubsequent7.f acilitate8.a re in the receipt of9.A ccumulating10.outstandingV.1.The letter of credit is the bank instrument that assures the seller of payment if he makes the agreed upon shipment.2.Payment shall be available by draft drawn under L/C payable not longer than 90 days after presentation of documents to the negotiating bank of the L/C,together with an interest of 8.5% per annum for buyer’s account.3.Payment by a prime banker’s irrevocable,transferable L/C,confirmed by a first-class bank in the key currency country,covering full value of the contracted goods,in favor of seller,available by draft at sight for 100% invoice value,accompanied with the following documents.4.We have today instructed our bank to open in your favour a confirmed,irrevocable letter of credit with partial shipment and transshipment allowed,available by draft at sight,against surrendering the full set of shipping documents to the negotiating bank.5.This method is for the seller to draw on the buyer for the purchase price on D/P basis.6.The importer,when he wants to open an L/C to cover the purchase from abroad,may apply to his banker for a letter of credit for any amount.7.Your order No.123 was confirmed by our fax of March 15,subject to arrival of credit within 15 days from the date.第十二课III.1.a vailable by2.i n compliance with3.c omply with4.c onvert into5.p rior6.b y means of7.r equisite8.o n condition that9.i n one’s favour10.draw one’s attention toV.1.The Brown Bank in London is in a position to open letters of credit in Renminbi against our sales confirmation or contract.2.You must be aware that an irrevocable L/C gives the exporter the additional protection of banker’s guarantee.3.A documentary credit is a letter issued by a bank at the request of the seller whereby the bank promises to pay a beneficiary against presentation of documents relating to the dispatch of goods.4.The documentary requirements are designated by the buyer in his bank application for the letter of credit.5.We have drawn on you at 60 days’ sight a draft for $90,000,under the credit No.450 of June 6,in favor of the Tokyo Bank.6.The expiry date of the credit being May 31,we request that you will arrange with your banker to extend it up to June 10,amending the said credit.7.After the bank pays the sight draft presented by the seller,it advises the buyer that the documents have been successfully negotiated and the buyer should pay the bank in accordance with his bank application.第十三课III.1.b e addressed2.c hanges hands3.i n the company’s best interests4.d ispense with5.a ppeal to6.b e negated by7.i n question8.a re exempt from9.a re instrumental10.regardless ofV.1.Although freight forwarders charge for their services,they do at least have well-established international distribution networks that can be utilized cost-effectively,efficiently and with minimum involvement from the importer or exporter.2.There are a number of ways in which businesses see their profitability eroded by lost or damaged goods.panies make use of insurance brokers to insure the shipment during transport and make use of Customs broker to clear the goods though Customs on arrival.4.The deposit was refunded on leaving the country providing that the nature and value of the consignment remained unchanged.5.It is within the forwarder’s remit to ensure that goods are properly packaged and marked for transport and that appropriate documentation is prepared to facilitate shipment.。