国际服务贸易期末试题(全英文)
《外贸英语》期末检测模拟题一及答案
《外贸英语》期末检测模拟题一及答案教学检测一第一部分词汇与术语1.mode of transport A.外贸部2. market research B.原材料3. Ministries of Foreign Trade C.海外市场4. Pilot Model D.市场调查5. product presentation E.品牌形象6. raw materials F. 产品展示7. consumer goods G.运输方式8. brand image H.国内市场9. home market (domestic market) I.生活消费品10. overseas market J. 试选样品11.terms of payment A. 价目表12. registration number B. 销售渠道13. vendee C.劳动密集型产业14. per capita income D. 询盘15. labor-intensive industries E.最终用户16. inquiry F.人均收入17. make an offer G.注册号18. end user H.买主,买方19. marketing channel I.支付条款20. price list J.报盘21. mass media A. 可变成本22. annual budgets B.开证银行23. sales volume C. 代收行24. purchasing power D. 大众媒体25. property tax E.固定成本26. fixed cost F.购买力27. variable cost G.销售量28. issuing bank H.年度预算29. remitting bank I. 委托行30. collecting bank J.财产税31. short-term A. 付款交单32. bill of exchange B. 汇票33. letter of credit C.短期的34. time draft D. 远期汇票,定期汇票35. sight draft (SD) E.信用证36. document against payment (DP) F.即期汇票37. document against acceptance(DA) G. 承兑交单38. bill of lading (B/L) H.现金支付,现付39. documentary credit I.提货单,提单40. cash payment J. 跟单信用证第二部分词汇与结构41.The husband was viewed_____ a “model husband”A. forB. intoC. ofD. as42.To begin a business, the most important thing is ________, narrowly speakingit is money, but actually it also includes machinery, equipment, etc.A. bonusB. capitalC. stockD. investment43.We sell ______or ________ to others and at the same time we buy what wewant from others.A. foods, servicesB. services, necessitiesC. foods, toolsD. goods, services44._________ miracle, we’re certain to lose now.A. Short ofB. ShortC. Short onD. Short for45.This is the newly produced camera ________ ABC.A. nameB. namelyC. namedD. naming46.The U.S.A. imports raw silk ______ Japan every year.A. toB. inC. fromD. on47.Our prices are practical and reasonable. There is not much room _______bargaining.A. fromB. forC. atD. on/doc/021*******.html,bels stamped, sewn or printed on packages can help customers _________ the products.A. identicalB. identificationC. identityD. identify49.We can meet your demand _______silk products.A. toB. onC. forD. at50.The flowers are made _________ plastic.A. out ofB. fromC. ofD. up of51.Please see to it that the packing is suitable _____ a long sea voyage.A. forB. withC. inD. on52.To seek a wider market than the limited home market is one of the ________of exports.A. objectionsB. objectivesC. objectsD. objectifies53.Many countries with small populations and very low per capita income findthat they have the natural resources to produce particularproduct. The underlined part of the sentence means _________.A. personal incomeB. public interestsC. profit marginsD. individual account54.How much did you pay ________ that car?A. offB. forC. overD. on55.Supermarket discounting has spread ________ the country.A. onB. aboveC. acrossD. through56.Avon is one of the typical cosmetics firms that ________ their number ofdiscounting units.A. is increasingB. are increasingC. is increasedD. are increased57.It is especially _________ that the lower-income customer--- the one who hasthe most to gain from unit pricing--- is the one who uses it least.A. surprisedB. surprisingC. to surpriseD. surprise58.The exporter should avoid viewing the contract merely _________ adocument that initiates transaction.A. forB. asC. intoD. of59.In order to get more capital to invest in the foreign market, the companyconverted some assets _________ cash.A. inB. forC. intoD. as60.The excellent reviews given to the TV play _______ its success.A. ensuredB. destroyedC. ledD. lost第三部分阅读理解Application of the CreditWhen requesting his bank to open a letter of credit, the applicant must submit a completed and signed application. It is important that instructions given to the bank are concrete and specific and in conformity with the contract so that the credit will be opened exactly as required. Vague terms such as “usual documents” or “impossible” should be avoided. The application also calls for a general description of the goods to be shipped because the banks deal only in documents.a)Opening of a CreditAn L/C may be opened anytime between signing the sales contract and shipment. It is to the advantage of the exporter to have the L/C as soon as possible because he can get packing credit from his own bank. The opening of a credit is a contract involving the buyer, the seller and the opening bank. By issuing a credit, the bank obligates itself to make payment to the beneficiary at a future time whenever documents are presented. If the strength and integrity of the buyer are sufficient, the bank can open a credit without having to pay too much attention to the nature and marketability of the goods and without requiring any special collateral. Otherwise, the bank may require some form of collateral such as a cash deposit. If the buyer is not creditworthy, the bank may fix a higher deposit rate up to more than half of the contract value in order to prevent the buyer from opening the credit from the bank.b)Types of CreditLetters of credit may be classified according to the certainty of the commitment to pay made by the account party and the opening bank.Revocable letter of creditThe credit can be altered(改变) or revoked (撤销)at any time without prior(事先) notice to the beneficiary, which is not very useful to the exporter.Irrevocable letter of creditThe credit, once opened, cannot be modified or rescinded without the consent(同意) of all parties concerned, especially that of the beneficiary.Confirmed irrevocable letter of creditAn irrevocable letter of credit carries the commitment of theopening bank. In compliance with the request of the exporter, an additional commitment of a second bank in the exporter’s locality, which is usually the advising bank, is added, the credit becomes a confirmed irrevocable letter of credit.There are many other credits that are used in transactions, but we don’t discuss them here in detail respectively.Questions:61.What is true in applying for a letter of credit?A. The instructions given to the bank must be independent of the contract.B. The instructions can not be in accordance with the contract.C. The instructions offered by the applicant must be specificD. The instructions can be indistinct.62.What should be avoided in the application of the credit?A. Clear termsB. Indistinct termsC. Contract-based instructionsD. A general description of the goods to be shipped63.When should an L/C be opened?A. As soon as the contract is signedB. Before the buyer makes the paymentC. After the shipment is madeD. Between signing the contract and making the shipment64.When should a bank make payment, after it has issued a credit?A. Whenever the exporter present the documentsB. Whenever the importer present the documentsC. As soon as the importer gets the goodsD. As soon as the exporter makes the shipment65.Which of the following L/Cs is the most favorable to the exporter?A. Revocable letter of creditB. Irrevocable letter of creditC. Confirmed irrevocable letter of creditD. Confirmed revocable letter of credit第四部分英译汉66.This firm specializes in textile.________________________________________________________________ __ 67.It’s in our mutual interest to cooperate with each other.________________________________________________________________ __ 68.We should try to gain the most profit at a minimum cost.________________________________________________________________ __ 79.As long as you quote us a reasonable price, we will immediately place orders with you.________________________________________________________________ __ 70.This shop sold off all the stock at a discount of 20%.________________________________________________________________ __教学检测一参考答案第一部分词汇与术语1 2 3 4 5 6 7 8 9 10G D A J F B I E H C11 12 13 14 15 16 17 18 19 20I G H F C D J E B A21 22 23 24 25 26 27 28 29 30D H G F JE A B I C31 32 33 34 35 36 37 38 39 40C B ED F A G I J H第二部分词汇与结构41 42 43 44 45 46 47 48 49 50D B D A C C B D C C51 52 53 54 55 56 57 58 59 60A B A B C B B B C A第三部分阅读理解61 62 63 64 65C BD A C第四部分英译汉66. This firm specializes in textile.这家公司专营纺织品。
国际服务贸易期末试题(全英文)
《国际服务贸易》(全英语)试卷Ⅰ. Translate the following into Chinese (15 points, 1 point/term)1.Public monopolies2.Natural monopoly3.Inadequate information4.Externality5.Universal access6.Schedule of commitment7.Market access8.National treatment9.Quota-type limits10.Discriminatory taxes11.Domestic regulations12.Trade barriers13.Physical proximity14.increasing returns to scale15.lock-inII. Translate the following key terms into English (15 points, 1points/term)1.综合性集聚2.专业性集聚3.中心外围结构4.劳动密集型服务5.供给模式的替代性6.保护的工具7.政府采购政策8.国内监管缺乏透明性9.许可和证书要求10. 企业特定固定成本11.固定资本形成总值12.关税等价13.非承诺部门14.市场定位效应15.承诺价值Ⅲ. Single-Choice Questions(20 points, 1 points/Question)Please write the answer here:1 2 3 4 5 6 7 8 9 10 11 12 13 Array14 15 16 17 18 19 201.The software services provided by a supplier in one country through electronic means belong to:A Cross-borderB Consumption abroadC Commercial presenceD Presence of natural persons2.Establishing right related to:A Cross-borderB Consumption abroadC Commercial presenceD Presence of natural persons3.The privatization of state monopolies without creating competition, the result may beA Lower pricesB Transfers of monopoly rentsC Improved qualityD Greater variety4.Services are highly regulated is because ofA Natural monopolyB Inadequate informationC ExternalityD Social equity5.The common feature of roads and rails for land transport, cables and satellites for communications, and pipes for sewage and energy distribution is:A Natural monopolyB Inadequate informationC ExternalityD Social equity6.The remedy of inadequate information problem in service should beA CompetitionB RegulationC Public monopoly C Privatization7.Which is more efficient the following remedies of externality problem in service?A Subsidy the poorB Entry restrictionC CompetitionD Regulation8.In which conditions can the commitments be modified or suspended?A Protect the poorB For social equityC Serious financial difficultiesD Insufficient Information9.What is the following the most probably unconditional obligations fora member?A Establish right to foreignersB Free movement of laborC Transparency obligationsD Capital account opening10.What is the following limitations quota-type limits on market accss?A Joint venture requirementsB Foreign equity ceilingsC Value of assetsD Foreign capital participation limits11.What does the following facilitate to competition in telecommunication services?A Partially privatizing the traditional monopolistB The great sunk cost.C The government regulation.D The network effects12.Services goods are seldom suffered from:A Discriminatory taxesB Trade tariffsC Domestic regulationsD Quota-type limits13.Specialization gains usually comes from:A Agglomeration effectsB Arable landC Skilled laborD Capital resources14.The gains driven by the market-niche effect can not potentiallygenerate:A Variety of productsB Scale economiesC competitive effectsD Market-expansion effects15.What does the following services have the typical networks effects?A TelecommunicationsB Hotel servicesC Restaurant servicesD Recreational services16.What does the following services have the least networks effects?A TelecommunicationsB Hotel servicesC Financial servicesD Transportation services17.The competitive advantage of a firm are mainly from:A The firm-specific fixed costsB The sunk costC The plant-level fixed costsD The variable cost18.In which account is the data of services trade displayed in BOP?The current account The capital accountThe financial account None of them19.Which one of the modes of services supply data are hard to be found inBOP?A mode 1B mode 2C mode 3D mode 420.The FDI enterprise may be:A A subsidiaryB An associate,C A branchD All of themⅣ.Questions and problems(30 points, 10points/each)1.What are the four modes of services supply? Please give examples of eachmode.Answer:2.What are the trade barriers of services trade? and please give examples to illustrate the different effects of different types of tradebarriers.Answer:3. What is the negative list or“top-down” approach in services liberalization?Answer:Ⅴ.Please select one from the following three topics to write an essay of about 200 words. (20 points)1.Please describe the international background of the establishment of Shanghai FTZ(hints: please referring to the following International Events: The TTP(Trans-Pacific Partnership), TTIP(Transatlantic Trade and Investment Partnership), TISA(Trade in Services Agreement), BIT(Bilateral Investment Treaty)).2.Please discuss the reasons and effects of China’s economic growthslow-down since 2007.3. Please describe the i mpact on China’s financial position of the foundingof the New Development Bank (NDB) and Asian Infrastructure Investment Bank(AIIB).。
国际贸易实务双语教程试卷含答案
学院学年度第二学期期末考试卷 (A)课程名称:国际贸易实务(双语)适用班级: 系别: 专业: 考试日期: 姓名: 班级: 学号:Ⅰ.Translate the following phrases into English or Chinese (本大题共15小题,每小题1分,共15分)1. Quality Tolerance2.对等样品3. Non-Delivery4.付款交单5. Cargo in Bulk6.议付行7.Advanced B/L8.多式联运9.More or Less Clause 10.皮重11.Settlement12.商业发票13.Sale by Specification 14. 支票15.Confirmed L/CII. To explain the meaning of the words or phrases below as requested (本大题共5小题,每小题3分,共15分)1、Trade Terms(please explain this phrase in English)2、品质公差3、General Average(please explain this phrase in English):4、仲裁5、逾期接受III、Judge the following statement, mark True (T) or False(F) (本大题共15小题,每小题1分,共15分)1 2 3 4 5 6 7 8 9 10 11 12 13 14 151、交易磋商中的发盘都是由卖方提出的,因此卖方是发盘人。
2、The party who incurs a force majeure event may delay the performance of the contract if this party is able to continue the contract.3、依据《2010通则》的解释,DAT是所有贸易术语中,卖方承担风险责任费用最高的术语。
国际经济与贸易全英试题
国际经济与贸易全英试题国际经济与贸易期末考(全英)时间:2⼩时班级学号姓名成绩I.Please explain the following definitions.( 3 for each, totally 15 )1. Stolper-Samuelson theorem2. internal economies3. effective tariff rate4. trade creation5.The law of comparative advantage:II. Drawing Figures without explanations. ( 5 for each, totally 20 )1.(5)The Effects of an Import Quota under Monopolist Conditions2. (5)Rybczynshi theorem3. (5)Different Tastes as a Basis For Trade(即需求偏好不同所导致的国际贸易)4.(5)D umpingIII.Briefly answering the follow question.(10 for each, totally 20. )1. (10) The concept and conditions necessary for immiserizing growth.2. (10) Describing the changes of the factor intensity during the product cycle.IV.Calculation.( totally 15 )1. ( 5 ) Assumption : US is a large country in importing steel. There is same elastisity both importing demand curve and exporting supply curve.(进⼝需求曲线和出⼝供给曲线的弹性相同)。
国际贸易原理英语期末复习题
第4 章问答题1.What are the main funcitions of B/L?选择题1.——can be freely bought and sold just like commodities.A.Railway billB.Airway billC.Shipping adviceD.Ocean bill of lading2.Freight under liner transportation——A.needs to stipulate demurrage and dispatch money between the shipper and the carrierB.does not include loading and unloading costC.consists of basic charges and additional chargesD.is collected based on gross weight of the goods3.Airway bill is NOT——A.a transport contact between the consignor and the carrierB.a document for customs clearanceC.a document for bank negotiationD.a document of title4. ——is the most commonly used transportation mode,which occupies 2/3 of international transportation.A.Railway transportationB.Maritime transportationC.Air transportationD.Parcel transportation5.In international trade, the importer often does not require——A.shipped B/LB.clean B/LC.blank B/LD.order B/L6.——can be transferred after endorsement.A.Straight B/LB.Blank B/LC.Order B/LD.through B/L7.Multi-model transport operator is responsible for——A.the first voyageB.the whole voyageC.the ocean transportD.the last voyage8.Under——charter, the ship owner only rents the charterer the boat.A.demiseB.timeC.voyageD.booking9. ——is suitable for conveying fresh, emergent and seasonal goods.A.Scheduled airlinesB.Chartered carriesC.Consolidated consignmentD.Liners10. If items marked with “AD Val.”, the freight is to be calculated on the basis——of the cargo concerned.A.weightB.price or valueC.measurementD.volume判断题1.The loading and unloading charges are included in the freight of the liners.( )2.Demurrage is the extra charge a shipper pays to datai a freight ship beyond time permitted for loading or unloading.( )3.Dispatch money is a fine imposed on the charterer for the delay in the loading and unloading of the goods.( )4.A straight B/L can be transferred through endorsement.( )5.A bill of lading is both a receipt for merchandise and an evidence of contract to deliver it as freight.( )6.Advantages of containerization include less handing of cargo, more protection against pilferage, less exposure to the elements, and reduced time of shipping.( )7.An order B/L can be transferred with or without endorsement.( )8.In international multi-modal transportation, a multi-modal transport operator will issue a combined transport document and be responsible for the safe carriage of the whole voyage.( )9.In order to clarify who will bear the loading and unloading charges in voyage charter transportation, the clause “Free in and out” is set forth in the Voyage Charter Party. This means the charter shall be responsible for both loading and unloading charges.( )10.Free in and free out means that te ship owner is responsible for both loading and unloading charges.( )计算题1.There is one consignment of 10 cartons of leather shoes. Measurement of each carton is 50*50*50 cm, and gross weight of each is 15 kg. Freight basis is W/M and the quotation is USD100 per F/T. How much is the total freight?any A is to export their goods by three 20’ FCL containers from Shanghai, China to Felixstowe, UK. The quatation is as follows:O/F rate: USD 750.00/20’B AF: USD 500.00/20’CAF: 12% on the freight rateI SPS (International ship and port facility security): USD 10.00/20’How much is the total freight?简答题1.In international cargo transportation, the most widely adopted bill of lading is——A . straight bill of ladingB . unclean bill of ladingC . bearer bill of ladingD . order bill of lading2. In DAT contracts , a reasonable order for time of shipment and time of delivery is——A . July 1 and June 1B . June 1 and July 1C . June 1 and June 1D . July 1 and July 13. A bill of lading is ——when its date of shipment is indicated earlier than the actual time of shipment.A . staleB / L B . confirmed B / LC . ante - dated B / LD . straight B / L4.A ( An ) ——represents title to the cargo .A . CTDB . air waybillC . road waybillD . bill of lading5. In the import and export business , ——can be made out to negotiable document .A . a rail waybillB . an ocean B / LC . an air waybillD . a parcel post receipt6.The bill of lading presented to the consignee or buyer or his bank after the stipulated expiry date of presentation or after the goods are due at the port of destination is a ——.A . staleB / L B . confirmed B / LC . ante - dated B / LD . straight B / L .7. A " freight to be collected " B / L is acceptable to the buyer when the contract is based on——.A.FOBB.CFRC.CIFD.CPT8. A——normally has regular scheduled departures , specified routes and comparatively fixed freight rates .A . time charterB . voyage charterC . conference linerD . non - conference liner9. An order B / L with blank endorsement is a B / L showing——A . neither the name of consignee nor the name of transferorB . neither the name of consignee nor the name of transfereeC . both the name of consignee and the name of transferorD . both the name of consignee and the name of transferee10. A ( An ) ——B / L refers to the one that is made out to a designated consignee .A . straightB . orderC . specific orderD .bearer判断题1. Liner freight has covered the loading and unloading fee.( )2. When the ship-owner speeds up his ship and arrives at the destination at an earlier date than stipulated , he can obtain dispatch money from the charterer .( )3. When the charterer fails to load or unload the goods within the stipulated period of time , he has to pay demurrage to the ship owner .( )4. Ocean bills of lading , air waybills and rail waybills are property documents presenting title to cargoes , so they are all negotiable .( )5. Bills of lading are usually made out in a full set including several originals and copies .( )6. Since straight B / L bears higher risk than the open B / L , it is rarely used in international transportation .( )7. A clean B / L is issued by the seller to the buyer to certify that the goods delivered are in apparent goods condition .( )8. In international trade practice , the time of shipment is actually the time of delivery .( )9.Sometimes when the buyer cannot determine a specific port of discharge during negotiation , he may require two or three ports to be written on the contract as optional ports ( )10. UCP 600 stipulates that partial shipment and transshipment are allowed unless it is stipulated otherwise .( )第5章简答题1.What is insurance?2.What parties are involved in insurance?3.What risks are covered by marine insurance?4. How is insurance claim lodged ?5. What documents are needed in filing a claim ?判断题1.If the insured has insured the goods against F.P.A., it means that the insurance company would cover the partial loss or damage to the cargo.( )2. If the insured has insured the goods against All Risks , the insurance company would cover the loss of the goods caused by war .( )3.According to China Insurance Clause , the general additional risks have to be insured together with W . P . A . or W . A .( )4. In the international practice , the insurance policy and the insurance certificate have the same legal effect .( )5. General extraneous risks include war risks , strikes , failure to deliver due to certain regulations .( )6. Sue and labor expenses are extraordinary costs and expenses reasonably incurred after any casualty for the purpose of avoiding or minimizing any liabilities , costs or expenses .( )7. Generally speaking , the insured will cover the goods for 1 0 0 % of the invoice value against certain risk .( )8. The With average is written on a warehouse - to - warehouse basis .( )9. The actual total loss takes place when the cargo or ship insured against the perils of sea is totally destroyed .( )10. Fortuitous accidents refer to earthquakes , volcanic eruptions , tsunami , floods and heavy weather , etc .( )案例分析题1. A Chinese exporter signed an FOB contract with an American company and a CIF contract with a Korean company . All the cargoes were covered for marine cargo insurance . Unfortunately , the goods were damaged in the transit from the factory to the port of departure .Question :Under this circumstance , which party should obtain insurance and which party should bear the loss ?2 . A ship started on its voyage after loading , but in the course of the journey a fire broke out during transit in Hold A , which had been loaded with stationary and tea . The caption ordered his crew to pour water on the fire . It was found out , after the fire was extinguished , that part of the stationery had been burned , the remainder and all the tea had been soaked through .Questions :( 1 ) What were the natures of the respective losses ?( 2 ) What risks would you have covered if you had wanted to be compensated for the losses ?3.A Chinese company exported 6 0 0 cases of tableware on CIF basis . The export company covered the insurance on the goods against FPA for 1 1 0 % of the CIF value . Before the goods were loaded on the ship , 2 0 cases were off the hook and fell into the sea .Questions :( 1 ) Do you think the insurance company should undertake to compensate for the loss ?( 2 ) If this transaction was concluded on FOB or CFR basis , should the insurance company compensate for the loss ? Why or why not ?选择题1. If the CIF price of a product is USD 1 0 0 per set , freight charge USD 1 0 per set , insurance premium USD 1 0 per set , the FOB price should beA . USD 1 1 0 / setB . USD 9 0 / setC . USD 8 0 / set D . USD 1 2 0 / set2.If the CIF price of a product is USD 1 0 0 per set , commission rate 2 % , the commission payment based on CIF price should beA . USD 1 . 6 0 / setB . USD 1 . 6 3 / setC . USD 2 . 0 0 / set D . USD 2 . 0 4 / set3 . Which one of the following prices is correctly expressed ?A . CNY 3 . 5 0 CIF Hong KongB . USD 3 . 5 0 per piece CIFC . RMB 3 . 5 0 per piece CIFC LondonD . USD 3 . 5 0 per piece CIFC 2 London4 . The standard form of a price consists of the following items EXCEPTA . currencyB . port or place of destinationC . unitD . amount5 . If we import commodities from Germany , what kind of currency we ' d better choose to make the payment ?A . Hard currency , which exchange rate is stable and would increase continuously .B . Weak currency , which exchange rate is unstable and would decrease continuously .C . A third country ' s currency that the two parties didn ' t agree to use .D . Currency that can ' t convert freely .计算题1 . A company exports commodity X to Canada . The total amount is USD 3 8 5 0 0 CIF Vancouver , including USD 1 7 0 0 of freight and USD2 1 7 of insurance premium . If the total purchase price(including VAT 1 7 % ) is RMB 2 4 5 7 0 0 , the rate of expense standard is 5 % and the rate of export tax rebate is 1 4 % , what is the foreign exchange cost of export products ? ( Rate of foreign exchange : USD 1 . 0 0 =RMB 6 . 5 0 )2 . The price quoted by a Shanghai exporter was " USD 1 2 0 0 per M / T CFR Liverpool " . The buyer requested a revised FOB price including 2 % commission . The freight for Shanghai to Liverpool was USD 2 0 0 per M / T . To keep the export revenue constant , what would be FOB 2 % price ?3 . A company offered to sell goods at " USD 2 0 0 0 per M / T CIF Toronto with all risks for 11 0 % of the value " . The importer requested a revised quota for FOB Ningbo . The freight for Ningbo to Toronto was USD 5 0 per M / T , and the premium rate was 1 % . To get the same export revenue , what FOB price should be the exporter offer ?1 . What are the differences between the commercial bill and the banker ' s bill ?2 . Who are the involved parties in a bill of exchange ? Why is the drawer the main debtor ( before the acceptance of the draft ) ?3 . Which one is the payer in the involved parties in B / E , promissory note and check ?4 . What is the title of the B / E ? How many ways are there for the title of the B / E ?5 . What is the endorsement of the B / E ? How many types are there for the endorsement ?第8章简答题1. What are the differences between the commercial bill and the banker ' s bill?2. Who are the involved parties in a bill of exchange? Why is the drawer the main debtor (before the acceptance of the draft)?3. Which one is the payer in the involved parties in B / E, promissory note and check?4. What is the title of the B / E? How many ways are there for the title of the B / E?5. What is the endorsement of the B / E? How many types are there for the endorsement?6. What are basic parties and their roles of a collection?7. Please compare the different terms of releasing documents and explains their advantages and disadvantages.8. What are the risks of documentary collection?9. Please list the methods of financing under collection.1 0. What is the property of the collection? How is it used in the international trade?1 1. What are the differences between D / P after 3 0 days sight and D / A after 3 0 days sight?判断题1. Remittance refers to the transfer of funds from one party to another among different countries through banks.()2. Mail transfer can be replaced in the time of telecommunication developed rapidly.()3. Under the serial payment method, the instruction to credit a beneficiary account is sent together with the instruction to debit sender ' s account.()4. The serial payment method cannot, however, delay the payment between different time zones.()5. A collection on the basis of commercial credit is usually processed through banks acting as the intermediary.()6. Banks have responsibility to examine the documents thoroughly.()7. The collecting bank handles the collection business according to the collection instruction.()8. In receipt of dishonor advice, the remitting bank must give appropriate instructions as to the further handling by the collecting bank.()。
国际贸易英语试题
国际贸易英语试题姓名:成绩:I .Translate the following terms: 15%1. From English into Chinese:(1) PNTR(2) Irrevocable Letter of Credit(3) Blank Endorsement(4) General Average(5) FAQ(6) DES(7) Franchise(8) FPA(9) Bill of Exchange(10) Auction2. From Chinese into English(1)世界银行(2)电子商务(3)托运人(4)进口许可证(5)国际商会II.Choose the best answer for each of the following question (25%)1. Contracts must be renewed one week _______ their expiration.A onB againstC the moment ofD before2. The commodities you offered are _________ line with the business scope of our clients.A outsideB out ofC outD without3. We are arranging for n inspection tour of _________ the material was processed.A placeB the placeC whereD there4. We are reconsidering those trade terms _______ might be adverse to the interest of our principals.A whatB thatC whenD where5. Information indicates that some similar goods of Indian origin have been sold here _______ about 30% lower than yours.A with a levelB at somethingC at quotationD with a figure6. As we are ________ of these goods, please expedite shipment after receiving our L/C.A in badly needB badly in needC urgent in needD in urgently need7. We give you on the attached sheet full details regarding packing and marking, which must be strictly ________.A observedB abide byC submittedD seen8. We ______ to allow you a special discount if you increase your order to 5000 pairs.A have preparedB are prepareC are preparedD were prepared9. The importance of delivery on time ______ overstressed, because failure to receive goods or services will cause serious inconvenience to the end-users.A canB beC cannot beD could be11. We wish to stress that shipment must be made within the prescribed time limit, as a further _______ will not be considered by our end - users.A prolongB protractC extensionD expansion12. With computer users linked to the Internet growing _____ every year, business is trying to cash in on the worldwide network.A at millionB with a millionC with one millionD by millions13. We regret having to remind you that 30% of the freight is still ______.A ownedB owningC outstandingD understanding16. It should be _______ if you could immediately ______ what quantity you can supply us at present.A thankful, adviseB appreciate, adviseC appreciated, adviseD appreciating, inform17. We thank you for your e-mail of November 25 _______ your purchase of 10 M/T wild rice.A confirmB confirmingC to confirmD confirmed18 Subject to satisfactory arrangements ______ terms and conditions, we should be pleased to act as your sole agent.A asB as perC as ifD as to19. Our usual terms of payment are ____ L/C and we hope they will be satisfactory ____ you.A by, forB by, toC for, toD for, with20. That helps to explain ______ businesses are setting up Net sites even though profits aren't yet very big.A thatB the reason forC whyD why that21. We find that there is no stipulation of transshipment _____ in the relative L/C.A allowingB which allowsC which allowedD being allowed22. After unpacking the case we found that the goods did not ______ with the original sample.A matchB come upC agreeD measure23. If the first shipment ______, we guarantee that we will send you many repeat orders.A will prove satisfactoryB proves satisfactoryC turns out a satisfactionD turns out to be satisfied24. It is necessary that an arbitration clause _______ in the contract.A will be includedB must be includedC be includedD has been included25. Please see that your written confirmation _____ by the end of this month; otherwise we will be free from the obligation for his offer.A reaches usB will reach usC reach usD reached usIII. Translate the following into an English letter in a proper form (20%)写信人:新路华贸易有限公司,地址:中国上海,兴达路999 号金星大厦(Golden Star Mansion )33层收信人:James Brown & Sons, 由日用品部(Daily Articles Dept )办理地址:#304- 310 Jalan Street, Toronto, Canada日期:2000 年6月30日内容:感谢你6月15日的来函的样品。
国际贸易英语期末复习题
国际贸易英语期末复习题Chapter 1 International Economics is Different Multiple Choice Questions1. Sovereign nations:a. Are subject to laws passed by the United Nations.b. Must be concerned with the interests of foreigners whendeveloping economic policy.c. O ften ignore the interests of foreigners.d. Must coordinate their monetary policy with the WorldBank.ANSWER: C2. Outsourcing of services to foreign countries:a. Cost the U.S. economy an estimated 5 million jobs by2005.b. Mainly impacts workers in business services such as dataentry and software development.c. Is a serious concern for workers in high-wagemanufacturing industries.d. Will have a serious negative impact on all service sectorjobs in the United States.ANSWER: B3. Globalization:a. Is the process of intensifying the connections betweennational economies through international trade, foreign directinvestments by multinational firms, and international financialinvestments.b. Has been proven to worsen working conditions andincrease poverty in poor countries.c. Requires governments to weaken labor andenvironmental regulations in order to remain competitive.d. Is coordinated by the International Labor Organization toensure respect for the four core labor standards.ANSWER: A4. The long-run solution to eliminating child labor is to:a. Boycott companies whose products are produced usingchild labor.b. Impose trade sanctions against countries that violate childlabor standards.c. Stimulate economic growth and rising incomes in poorcountries.d. There is no long-run solution as demand for cheap laborwill always exist.ANSWER: C5. In early 2002, the national moneys of 12 European countriesdisappeared. They were replaced by one new money, the euro. Thebenefits to those countries included all of the following EXCEPT:a. It is convenient –there is no need to change moneywhen crossing national borders.b. It is less risky –there is no need to worry about thechanging value of one country’s money relative to another country’s money.c. It is economical – travel and trade are made easier due toa decrease in transaction costs.d. It strengthens domestic policy –using an internationalmoney gives a country’s Cent ral Bank a greater ability to influence national prices, production, and jobs.ANSWER: D6. The Chinese government’s intervention in the foreign exchangemarket - buying U.S. dollars and selling yuan – had the effect of:a. Weakening the U.S dollar and increasing the U.S. tradedeficit with China.b. Strengthening the U.S dollar and increasing the U.S. tradedeficit with China.c. Strengthening the yuan and increasing the U.S. tradedeficit with China.d. Strengthening the yuan and decreasing the U.S. tradedeficit with China.ANSWER: B7. On July 21st, 2005, the Chinese government changed the valueof the yuan from 8.28 yuan per U.S. dollar to 8.11 yuan per U.S. dollar.This implies a __________ dollar and a __________ yuan.a. Weaker; weakerb. Weaker; strongerc. Stronger; strongerd. Stronger; weakerANSWER: B8. Since the early 2000s, a variety of services has been subject tooutsourcing in the United States EXCEPT for:a. Data entry.b. Telephone call centers.c. Software development.d. Haircuts.ANSWER: D9. Since the late nineties, to keep the exchange rate of the yuan tothe U.S. dollar fixed, the Chinese government:a. Has been trying to hold predominantly euros and Britishpounds as foreign assets.b. Has been buying dollars and selling Y uan.c. Has been trying not to sell its domestic currency (Yuan).d. Has been keeping a trade deficit with many countriesincluding Australia, Russia, Japan, andBrazil.ANSWER: B10. The exchange rate policy of a ―crawling peg‖ adopted by theChinese government since 2005 means that the government:a. Allowed small daily changes which over time resulted ina slow, tightly controlled trend.b. Vehemently defended the yuan by selling U.S. dollars.c. Held a balanced portfolio of assets including a variety offoreign currencies.d. Tried to unwind the trade surplus with the U.S.ANSWER: A11. Outsourcing is the process of:a. Shifting business activities abroad.b. Allowing foreign workers on temporary visas.c. Eliminating business activities that require foreign labor.d. Paying foreign workers lower wages compared todomestic workers.ANSWER: A12. In recent years, the European Union:a. Attempted a geographic expansion to include Turkey.b. Adopted a formal constitution in which was decided thatall countries should pay their debt in their own currencies.c. Made progress on the formation of a monetary union,and on an expansion of the European Union, but could not adopt a formal constitution due to the negative vote of France in2005.d. Made significant progress on the formation of a monetaryunion, a formal constitution, and on accepting some eastern European countries as members.ANSWER: CTrue/False Questions13. Child labor virtually vanishes in a developing economy whenincome per capita reaches about $8,400.ANSWER: TRUE14. It has been estimated that worldwide approximately 100 millionchildren under the age of 15 work full-time and at least that number work part-time.ANSWER: TRUE15. While Britain, Denmark, and Sweden do not use the euro, theEuropean Central Bank makes monetary policy for the entire EU. ANSWER: FALSE16. While there are many countries interested in joining the EU, it isunlikely that the EU will be enlarged because there seems little desireon the part of member countries to have a larger union. ANSWER: FALSE17. The World Trade Organization, the International Monetary Fund,the United Nations, and the World Bank control the international economy by imposing binding rules that control international trade and exchange markets.ANSWER: FALSE18. The four core labor standards agreed upon in the InternationalLabor Organization were that all countries should: respect collective bargaining, ban forced labor, ban child labor, and ban discrimination in the workplace.ANSWER: TRUE19. Labor may be internationally mobile, but capital and land do notmigrate from one country to another.ANSWER: FALSE20. Politicians do not erect barriers to trade with other countriesbecause they are also concerned with the well-being of foreigners. ANSWER: FALSE21. Firms are always trying to lower the costs they incur in theirproduction activities, and that is the main reason for them to shift jobs abroad.ANSWER: TRUE22. India and China are among the main providers ofoutsourcingservices.ANSWER: TRUE23. Turkey is scheduled to join the European Union in 2009. ANSWER: FALSE24. Each country has to abide by the decisions of the InternationalMonetary Fund and the World Bank because they are the only recognized international organizations who manage the global economy.ANSWER: FALSEEssay Questions25. One of the basic requirements for a country to join the EuropeanUnion is the capacity and willingness to adopt and to implement EU rules and standards. Why would a country agree to make changes to its national laws and regulations to conform to outside requirements?POSSIBLE RESPONSE: It is true that being a member of the European Union comes at a cost: every member has in some respect to cede national sovereignty and to abide by the laws and regulations of the European Union. However, for these countries there are benefits to being members of this Union that significantly exceed this cost.First, these rules and regulations are not imposed by a third party, butdesigned by the members of theUnion themselves. So, each country has the opportunity, to a greater or lesser extent, to take part in the design of these laws and regulations.Second, giving up national sovereignty might be popular incountries where national policies have been disastrous. This is particularly true for countries which did not have a well controlled monetary policy and oversupplied their own currencies until inflation made these national currencies nearly worthless. These countries might indeed be gaining by ceding their monetary sovereignty to the European Central Bank.Finally, even though each member is subjected to the same rules and regulations, each country is gaining because all other members abide by those laws and policies. Probably most importantly, this ensures a free trade among members, and free movement of factors of production (labor and capital). This openness gives a chance for a greater economic prosperity for all members of the Union.26. , , Discuss the economic consequences of outsourcing or offshoring ofservices, and explain who is gaining and who is losing from the process of outsourcing. Why is outsourcing such a debatable issue?POSSIBLE RESPONSE: Outsourcing is the process of shifting economic activities abroad. This process is triggered by the desire of firms to lower the cost of labor in the production process. Overall, it isbelieved that outsourcing, similarly to international trade, promotes global economic efficiency. It helps firms lower their cost of production, and allows them to bring goods to the final consumer at lower prices. The main fear from outsourcing comes from workers in occupations that are subject to outsourcing: call centers, data entry, and software development.Chapter 3 Why Everybody Trades: Comparative Advantage Multiple Choice Questions1Based on mercantilist thinking, governmentsshould:Subsidize and encourage imports.1Subsidize and encourage exports.1Allow for free trade unencumbered by governmentregulations and restrictions.1Both (a) and (b).ANSWER: B1The author of the Wealth of Nations was:David Ricardo.1Paul Samuelson.1Adam Smith.1Karl Marx.ANSWER: C1When Adam Smith presented his theory of absoluteadvantage, he thought that all value was measured in terms ofthe amount of __________ used in the production of the good. 1Land1Labor1Capital1MoneyANSWER: B1Labor productivity is:The number of units of output that a worker can produce in one hour.1The total number of units that all workers in a firm produce in one day.1The number of hours it takes a worker to produce one unit of output.1The total number of hours it takes all the workers in a firm to produce a day’s output.ANSWER: A1Which of the following is NOT true about mercantilism?Under mercantilism, exports were encouraged and imports were discouraged.1Mercantilists believe d that one country’s gains from trade came at the expense of another country or countries’ well being. 1Domestic producers were often hurt by mercantilism.1Mercantilism focused on the accumulation of gold and silverbullion.ANSWER: C1If Britain’s labor productivity in the production of umbrellas is greater than the rest of the world’s labor productivity in umbrellas, we would say that Britain has a(n) __________ in the production of umbrellas.1Comparative advantage1Absolute advantage1Opportunity cost1SuperiorityANSWER: B1In the two-country, two-good model, which of the following is true?I. As a result of trade, at least one country is better off and thatcountry’s gain does not reduce the economic welfare of the other country.II. Both countries can gain from trade by dividing the benefits of the enhanced global production.a. Ib. IIc. Both I and IId. Neither I nor IIANSWER: CTable 3.1In the United Kingdom In the Rest of the WorldProductivityUmbrellas per laborhour1.00 0.50Units of corn perlabor hour0.20 0.701Refer to Table 3.1. The number of labor hours to make 1umbrella in the United Kingdom is:0.5.1 1.1 1.43.1 2.ANSWER: B1Refer to Table 3.1. The number of labor hours to produce 1 unit of corn in the Rest of the World is:0.5.1 1.1 1.43.1 2.ANSWER: C1Refer to Table 3.1. Given the productivity information inTable 3.1, the Rest of the World has an absolute advantage in the production of __________ and the United Kingdom has an absolute advantage in the production of __________.Umbrellas; corn1Corn; umbrellas1Corn; neither good1Neither good; umbrellasANSWER: B1Refer to Table 3.1. If the United Kingdom shifts 1 hour of labor from the production of corn to the production of umbrellas and the Rest of the World shifts 1 hour of labor from the production of umbrellas to the production of corn, total world production of corn will __________ by __________ units and total world production of umbrellas will __________ by __________.Increase; 1; decrease; 11Increase; 1.43; increase 11Increase; 0.5; increase; 0.51Decrease; 0.5; increase; 0.7ANSWER: C1The theory of comparative advantage was first presented by:Adam Smith.1Karl Marx.1David Ricardo.1Eli Heckscher.ANSWER: C1If a country exports the good that it can produce at a low opportunity cost and imports those goods that it would otherwise produce at a high opportunity cost, we say that such trade is based upon:Absolute advantage.1Arbitrage.1Labor productivity differences.1Comparative advantage.ANSWER: DTable 3.2In the United Kingdom In the Rest of the WorldLabor hours to make:1 umbrella 3.00 2.001 unit of corn 1.00 0.251Refer to Table 3.2. The United Kingdom has an absoluteadvantage in the production of __________ and the Rest of the World has an absolute advantage in the production of__________.Neither good; corn1Neither good; both goods1Both goods; neither goods1Corn; umbrellasANSWER: B1Refer to Table 3.2. The United Kingdom has a comparative advantage in the production of __________ and the Rest of the World has a comparative advantage in the production of __________.Neither good; corn1Neither good; both goods1Umbrellas; corn1Corn; umbrellasANSWER: C1Refer to Table 3.2. The opportunity cost of producing a unit of corn in the United Kingdom is __________ umbrellas and the opportunity cost of producing a unit of corn in the Rest of the World is __________ umbrellas.1/8; 1/311/3; 1/813; 818; 3ANSWER: B1Refer to Table 3.2. The opportunity cost of producing an umbrella in the United Kingdom is __________ units of corn and the opportunity cost of producing an umbrella in the Rest of the World is __________ units of corn.1/8; 1/311/3; 1/813; 818; 3ANSWER: C1Refer to Table 3.2. Once trade is opened, we can anticipate that the international price of umbrellas will lie between __________ and __________.1/3 of a unit of corn; 3 units of corn18 units of corn; 3 units of corn11/8 of a unit of corn; 1/3 of a unit of corn18 units of corn; 1/8 of a unit of cornANSWER: B1Refer to Table 3.2. Once trade is open, we can anticipate that the international price of corn will lie between __________ and __________.1/3 of an umbrella; 3 umbrellas18 umbrellas; 3 umbrellas11/8 of an umbrella; 1/3 of an umbrella18 umbrellas; 1/8 of an umbrellaANSWER: CTable 3.3In the United Kingdom In the Rest of the WorldProductivityUmbrellas per laborhour6 1Units of corn perlabor hour4 31Refer to Table 3.3. The United Kingdom has an absoluteadvantage in the production of __________ and the Rest of the World has an absolute advantage in the production of__________.Both goods; neither good1Neither good; both goods1Umbrellas; corn1Corn; umbrellasANSWER: A1Refer to Table 3.3. The United Kingdom has a comparative advantage in the production of __________ and the Rest of the World has a comparative advantage in the production of__________.Both goods; neither good1Neither good; both goods1Umbrellas; corn1Corn; umbrellasANSWER: C1Refer to Table 3.3. The opportunity cost of producing a unit of corn in the United Kingdom is __________ umbrellas and the opportunity cost of producing a unit of corn in the Rest of the World is __________ umbrellas.2/3; 313; 2/313/2; 1/311/3; 3/2ANSWER: C1Refer to Table 3.3. The opportunity cost of producing an umbrella in the United Kingdom is __________ units of corn and the opportunity cost of producing an umbrella in the Rest of the World is __________ units of corn.2/3; 313; 2/313/2; 1/311/3; 3/2ANSWER: A1Refer to Table 3.3. Once trade is opened, we can anticipatethat the international price of umbrellas will lie between __________ and __________.2/3 of a unit of corn; 3 units of corn 13/2 units of corn; 2/3 of a unit of corn。
国贸英语试题及答案
国贸英语试题及答案一、选择题(每题2分,共20分)1. What is the most common mode of payment in international trade?A. Cash on deliveryB. Letter of CreditC. ConsignmentD. Open account2. The term "FOB" in international trade stands for:A. Free on BoardB. Freight on BoardC. Free of ChargeD. Full Container Load3. Which of the following is not a type of international trade agreement?A. Bilateral agreementB. Multilateral agreementC. Unilateral agreementD. All of the above are types of agreements4. What does the abbreviation "CIF" represent in trade terms?A. Cost, Insurance, FreightB. Cost, Insurance, and FreightC. Cost, Insurance, FreeD. Cost, Insurance, and Free5. The process of negotiating the terms of a trade deal is known as:A. Trade negotiationB. Trade arbitrationC. Trade mediationD. Trade settlement6. Which of the following is a risk associated with international trade?A. Currency fluctuationB. Market saturationC. Product obsolescenceD. All of the above7. The term "Tariff" refers to:A. A tax on imported or exported goodsB. A list of goods for tradeC. A method of paymentD. A trade agreement8. What is the primary purpose of a Letter of Credit (L/C)?A. To guarantee payment to the sellerB. To provide insurance for the goodsC. To facilitate the shipment of goodsD. To negotiate trade terms9. The "Incoterms" are a set of international commercial terms that:A. Define the responsibilities of exporters and importersB. Determine the value of goodsC. Set the prices of goodsD. Regulate the quality of goods10. Which of the following is not a form of international trade finance?A. FactoringB. ForfaitingC. HedgingD. All of the above are forms of trade finance答案:1. B2. A3. C4. A5. A6. A7. A8. A9. A 10. C二、填空题(每空1分,共10分)1. The term "EXW" in international trade means the buyer takes over the goods at the seller's ________.2. The International Chamber of Commerce (ICC) is responsible for publishing the ________.3. When a country imposes a high tariff on imported goods, it is known as a ________.4. The payment term "D/P" stands for "Documents against________."5. A "countertrade" involves a transaction where goods are exchanged for other goods or services, rather than for________.6. The risk of non-payment by the buyer is typically covered by ________.7. The "CPT" term in Incoterms means "Carriage Paid To," where the seller pays for the transport of goods up to the________.8. The "DDP" term in Incoterms stands for "Delivered Duty Paid," which means the seller is responsible for all costsand risks until the goods are delivered to the ________.9. The "FCA" term in Incoterms stands for "Free Carrier," where the risk is transferred to the buyer when the goods are handed over to the ________.10. A "forward contract" is a financial instrument used to hedge against the risk of ________.答案:1. premises2. Incoterms3. protectionism4. Payment5. cash6. credit insurance7. destination8. buyer's premises9. carrier 10. currency fluctuation三、简答题(每题5分,共20分)1. Explain the difference between "CIF" and "CIP" in international trade terms.2. What are the advantages and disadvantages of using aLetter of Credit in international trade?3. Describe the process of a typical international trade transaction from the seller's perspective.4. What is meant by "trade finance" and why is it importantin international trade?答案:1. CIF (Cost, Insurance, and Freight) is a term where the seller covers the cost of the goods, insurance, and freight to the port of destination. CIP (Carriage and Insurance Paid to) is similar but only requires the seller to pay for the carriage and insurance to the destination, not the full freight cost.2. Advantages of using a。
国际贸易英文习题(含答案)
国际贸易英文习题(含答案)国际经济学模拟习题(3)一、True or F al se (10*1’=10’)1. Trad e i s a zero-su m activi t y; i f one country gain s, the oth er must lose.2. A nation maxi mi zes satisfaction b y reachin g th e highest possibl e indi fference curve, and inthe absence o f t rad e will p roduce where it s productio n possibili ties sch edule is tangent to an indifference curve.3. Th e factor endo wment s mod el predict s th at int ernational trad e will t end to equali ze theprices o f trade-abl e good s amon g nations, but to in crease the wage gap b et weencapit al-abundant and labo r-abundant nations.4. A tax o f 10 percent on i mport s o f sho es would be an exampl e o f a sp eci fi c tari ff.5. An i mport quot a wi ll not rai se the do mesti c pri ce o f the produ ct as would a t ari ff, becau seit is not a t ax on i mport s.6. In bal anc e-o f-payment s account, a t ran saction resulting in receipt o f a p ayment is recordedas a credit, wh ereas a tran saction resul ting in a p ayment to other n ations is recorded as adebit.7. Becau se they do not in clude an exchan ge o f goods or servi ces, unil at er al transfers do notappear on a n ation's b al ance o f payment s account.8. David Hu me was one of th e fi rst econo mi sts to provide an al yti cal support fo r mercan tili sttrad e polici es.9. A nat ion would be mo st li kel y to find it s trad e balan cei mp rovin g aft er a curren cydepreci ation i f th at nation’s d emand fo r i mport s and forei gn d emand fo r i ts expo rts was ver y inelasti c.10. A nation with n eith er a bal ance o f p ayment s surplus nor a bal ance o f p ayments defici t i s saidto be in int ernal bal ance.二、choi ces(15*3’=45’)1. The law o f co mp arati ve advant agea). was rati fied b y th e Wo rld Trad e Organizationb). explains ho w all countries can ben efit when each specializes in producin g it ems in wh ich i t hasthe great est relati ve effi ci encyc). explain s ho w onl y the mo st effi ci ent nations can benefi t fro m traded). is used to evalu at e a country’s mi lit ary stren gth2. The theory o f absolut e advant age was developed b ya. the Mercantili stsb. David Hu mec. Ad am S mithd. David Ricardo3. David Ricardo developed the pr inciple o f co mparative advantage sho win g th ata. a nation must b e th e least-cost produ cer o f a good in order to export th at it emb. no nation could have an absolut e ad vantage in all goodsc. in a t wo-country exampl e, onl y one nation can have a co mp arati v e ad vantaged. even a nat ion that has lower producti vit y in all goo dscan ben efi t b y export ing the it em in whichit is rel ati vel y l ess inefficient4. An indi fferen ce curvea. sho ws th at most p eople reall y are indifferent abou t intern ational tradeb. sho ws th e demand preferences o f con su mersc. refl ects th e rel ati ve co sts o f product ion within a n ationd. indicat es ho w mu ch l ab or a country h as5. To maxi mize it s sati sfaction, a nation will ensure that it s t erms-o f-trad e lin ea. is tan gent to its produ ct ion possibiliti es fronti er at one point (production po int) and also to th ehighest att ainabl e indi fference cu rve at another poin t (consu mption point)b. is t angent to it s product ion possibilit ies fronti er and intersects an indi fferen ce curvec. int ersects its p roduction possibili ties frontier and is t angent to an indi fferen ce curved. intersect s it s productio n possibilit ies fronti er at one point and an indi fference curve at anotherpoint6. Facto r-p rice equali zatio n predicts th at with int ern ational trad ea. the price o f a n ation’s abundant factor will rise an d that o f it s scarce factor will fallb. the pri ce o f a n ation’s abundant factor will fall an d that o f it s scarce factor will risec. the prices o f a nation’s abundant and scarce factors both will rised. the pri ces o f a nat ion’s abundant and scarce factorsboth will fall7. The effecti ve rat e o f p rotect iona. distingui shes bet ween t ari ffs th at are effecti ve an d those th at are ineffecti veb. is the mini mu m level at which a t ari ff b eco mes effecti v e in li mitin g i mportsc. sho ws th e increase in value-added for do mestic production that a parti cular tari ff st ructuremakes po ssibl e, in p ercent age t ermsd. sho ws ho w effecti ve a t ari ff is in rai sin g revenu e8. The institut ional frame wo rk developed in 1947 to pro mote trade lib erali zati on is kno wn asa. the GATTb. the WTOc. the IMFd. The World Ban k9. Developing n ationsa. have very li mited invol vement in int ern ational tradeb. trad e mo stl y with each otherc. rel y heavil y on export s of pri mary pr oducts to ind ustri al nationsd. rel y h eavil y on exports of manu factured product s10. A custo ms union i s uni que in that ita. has no tari ffs on trade among memb er n ationsb. has no t ari ffs on trade among memb er n ations and a co mmon set o f t ari ffs on i mpo rt s fro mnon-membersc. has no tari ffs on trade among memb er n ations, a co mmon set o f tari ffs on i mports fro mnon-members, and free mo bilit y o f factors o f product ionsuch as labor and capit al amon g membersd. allo ws unrest ricted l abo r i mmi gration fro m non-memb er n ations11. A n ation's b al ance o f p ayments st at ementa. is a record o f th at n atio n's assets abro ad and it s li abiliti es to those fro m oth er nationsb. is an accounting adjust ment pro cess en surin g that a nation's exports will be equal to its i mpor tsc. does not includ e transactions o f forei gn citi zen s o r co mp ani es l iving o r operatin g wi thin thatnation d. i s a record of th e econo mic t ran sactio ns bet ween resid ents o f th at nation and the rest o f th e world, usual l y for a p eriod o f one year.12. Since b alan ce-o f-p ayments accountin g is a doubl e-entry accounting syst em, an export o f U.S.wh eat to M exico p aid for b y a d eposit to the U.S. exporters account in a M exican ban k would b e recorded on the U.S. b al ance o f payment s asa. a credit fo r merch andi se exports and a credit to sh ort-term finan ci al flo wsb. a credit for merch andise export s and a deb it to sh ort-term finan ci al flo ws.c. a credit fo r merch andise exports and a d ebit to uni lat eral transfersd. a credit for merch andise export s and a deb it to o ffi ci al set tlements13. The fo rei gn-exchan ge marketa. is locat ed in New Yorkb. is a market in Chi cago for the int ern ational trading o f co mmoditi es such as wh eat or copper.c. is a mechani sm fo r individual s and insti tutions to exch ange one nation al or regional cu rren cy o rdebt inst ru ment for those of oth er n ations or region s.d. is open fro m 9:00 a.m. t o 3:00 p.m. New Yo rk ti me, Monday throu gh Frid ay.14. Market fund ament als t hat mi ght be exp ected to i nflu ence exchan ge rat e mo vements in clude all o fthe follo wing factors excepta. di fferences in real in co me gro wth rat es b et ween countriesb. differences in real interest rates bet ween countriesc. sp ecul ati ve opinion abo ut futu re exch ange rat esd. chan ges in p ercei ved profit abili t y o f econo mi c in ve st ment s b et ween t wo countries15. If in fl ation is high er i n Mexico th an in the Unit ed States, th e law o f on e price would predict thata. t rad e bet ween M exi co and th e Unit ed States would declin eb. the dollar pri ce o f au tos purchased in Mexi co would be hi gher th an the dollar pri ce ofco mp arable autos purchased in the Unit ed Statesc. the p eso would appreci ate relati ve to th e dollar b y an amount equal in p ercen tage t erms to thedifference bet ween th e t wo infl ation rat esd. the peso would depreci ate rel at ive to the dollar b y an amount equal in percen tage t erms to thedifference bet ween th e t wo infl ation rat es三、Questi ons(45’, answer these questi ons i n Chi nese)1. Assu me that l abor i s th e onl y factor used in production, and that the cost s o f producing b utt er and cloth are gi ven by the t abl e belo w.(8’)Cost in labor-hours to produce Home Foreign1 unit of butter 1/8 11 unit of cloth 1/4 1/2(1) Express the pri ce o f bu tter rel ati ve to th e pri ce o f cloth in t erms o f l abor content for Ho me and Forei gn in the ab sen ce o f t rade.(2) Wh at do these relati ve prices reveal about each country’s co mparati ve advantage?(3) Wh at do these rel ati ve prices su ggest about the wo rld pri ce o f butt er rel at ive to cloth th at wi ll exist on ce these countri es trad e wi th each oth er?(4) If the world price st abilizes at 1 wi th trad e, what are the gain s b y the Ho me country achieved through trade with th e Forei gn country?2. Expl ain th e i mmi seri zi ng gro wth and li st the case fori mmiserizin g gro wth to be occur. (8’)3. Expl ain the ex cha n ge rate o vershootin g theory (8’)4. Suppose that the no min al interest rate on 3-month Treasury bill s is 8 percent in the United Stat esand 6 percent in th e Unit ed Kingdo m, and the rat e o f infl ation i s 10 percent in the Unit ed Stat es and 4 percent in th e Unit ed Kingdo m.(9’)(1) Wh at i s the real interest rat e in each nation?(2) In whi ch direction wou ld intern ational invest men t flo w in response to these real int erest rates?(3) Wh at i mpact would these in vest ment flo ws h ave on the dollar’s exch ange value?5. Wh at effects do es labor mi gration have on th e country o f i mmi gration? Th e country o f emi gration?Th e world as a whole?(12’)国际经济学模拟习题(3)参考答案一、判断题(每题1分,共10分)╳√ ╳╳╳√ ╳╳╳╳二、选择题(每题3分,共45分)bcdba acacb dbccd三、简答题(共45分)1、(1) 封闭条件下,本国可以用一半的生产一单位布的劳动时间生产一单位黄油。
《国际贸易实务》期末考试试卷(英文版)(doc7页)
《国际贸易实务》期末考试试卷(英文版)(doc7页)《国际贸易实务》期末考试试卷(英文版)(doc 7页)广东外语外贸大学国际经济贸易学院《国际贸易实务》2009-2010学年第一学期期末考试试卷(A卷)考核对象:‘4+0’国贸084班‘4+0’国贸085班考试时间:2小时班级:_______ 学号:________ 姓名:_________ 成绩:________Ⅰ. Put T for true or F for false in the brackets at the end of each statement. ( 15% )1.()According to INCOTERMS 2000, if the seller exportsceramics using CIF term, he must insure the goodsagainst All Risks plus Risk of Clash and Breakage.2.()According to INCOTERMS 2000, under CIF Liner TermsHamburg, the buyer must pay the discharging fees inthe port of destination.3.()International customs and practice is the internationalstandard which is of some guiding significance tointernational business men. So all the internationalbusiness men should abide by the internationalcustoms and practice.4.()When the charterer fails to load or unload the goods withinthe stipulated period of time, he has to pay demurrageto the ship-owner.5.()In order to avoid complications, we should try our best touse much more kinds of methods to stipulate thequality of the goods.6.()According to CISG, if the package of the goods is not inacordance with the terms and conditions of the contract,the buyer could lo dge claims, but he couldn’t reject thegoods.7.()According to CISG, if the seller delivers a quantity of goodsgreater than that provided for in the contract, the buyermay take delivery or refuse to take delivery of all thequantity (including the excess quantity and thecontracted quantity).8.()A chinese company exports 1500 bags of cement using CIFterm in the contract and has insured the goods againstF.P.A. before shipment. However five bags fall intowater when loading in the port of shipment. Becausethe five bags have not been on board yet, the insurancecompany is not responsible for the loss of the five bags.9.()According to UCP 600, if there isn’t any other stipulation,the transshipment is allowed.10.()The cl ause of “ CIF London, New York or Tokyo, atbuyer’s option” is reasonable and we could agree whenexporting goods.11.()According to UCP 600, the L/C is independent of theunderlying transactions.12.()According to CISG, the offeror can withdraw his offer, buthe can not revoke it no matter what happened.13.()The colletcing bank should promise to get the moneyfrom the buyer under Collection.14.()According to UCP 600, the beneficiary should present fullset clean on board B/Ls if the L/C requires B/Ls with nospecial terms and conditions.15.()Under Collection, the payer of the draft should be thebuyer’s bank.Ⅱ. Please choose the best answer from the following choices of each question. ( 20% )1. An exporter in Guangzhou has agreed to sell goods to acompany in New York. The exporter is responsible for arrangingtransport but not insurance. Which of the following shipping terms is correct? ( )A. CIF New YorkB. FOB New YorkC. CFR New YorkD. FOB Guangzhou2. According to UCP 600, if there is no special description aboutthe form of the L/C in it, then this L/C is ( )A. irrevocable and non-transferableB. revocable andtransferableC. irrevocable and transferableD. revocable and non-transferable3. Which term means the minimum cost coverage by the seller?( )A. EXWB. FCAC. FASD.FOB4. According to CISG, when sale by sample and there are not anyother detailed stipulations in contract, the goods delivered bythe seller should be ( )A. About same as the sampleB. same as the sampleC. different a little from sampleD. A, B, C are all right.5. A B/L acts as ( )A. a receipt of goods by the carrierB. an evidence of the contract of carriageC. a document of title for the goodsD. A, B, C are all right.6. Under D/A, the draft must be ( )A. sight draftB. time draftC. banker’s draftD. clean draft7. According to CISG, the offer can be submitted ( )A. in written formB. orallyC. in written form or be sent orally8. The shipping Mark usually doesn’t contain ( )A. the code name of shipper or consigneeB. number of packagesC. name of destinationD. chemical characteristics9. In the following payment terms, ( ) is the safest term to theseller.A. sight payment L/CB. D/P at sightC. Payment at 30 days after delivery of goodsD. Cash with order10. In the following statements about loading and dischargingcharges in charter party, ( ) is correct.A. F.I. means the shipper should unload the goods by himself.B. F.O. means the shipper should load the goods by himself.C. The time charter party shouldn’t stipulate terms about these charges.D. The ship-owner isn’t responsible for these charges in tramp shipping.Ⅲ. Calculation ( 25% )1. A Company in Guangzhou quotes its exporting price, USD950Per Metric Ton FOB Guangzhou, to a German company. But theGerman company requires the exporter to offer CIF Hamburg price ( with the goods insured W.P.A. plus War Risk). If thefreight from Guangzhou to Hamburg is USD180 Per Metric Ton,the insured amount is 110% of CIF value and the premium rateis 1.3% of W.P.A. plus War Risk.(1) Please calculate how much this exporting companyshould offer CIF Hamburg price per Metric Ton with thesame profit. ( 10% )(2) If the German company requires the exporter to offerCIFC5% Hamburg price ( with the goods insured W.P.A.plus War Risk). Please calculate how much this exportingcompany should offer CIFC5% Hamburg price per MetricTon with the same profit. ( 5% )2. A company in Shanghai exports some garments to a foreigncompany. the total exporting amount is USD 70000 FOBShanghai. If the domestic purchasing price of these garments is450000 RMB. The domestic total charges (including all kinds ofdomestic fees and taxes) are 40000 RMB. And the export tax rebate is 3000 RMB. And the exchange rate is USD1:RMB7.Please calculate the rate of profit or loss of this exporttransaction. ( 10% )Ⅳ. Fill in the contract form in English with the following particulars (40%)卖方:中国粮油食品公司买方:温哥华加拿大食品公司合同号码:88-SC-3商品名称:长城牌草莓酱 (strawberry jam)规格:340克听装in cans。
贸易英语考试题及答案
贸易英语考试题及答案一、选择题(每题2分,共20分)1. The term "FOB" in international trade refers to:A. Free on BoardB. Freight on BoardC. Factory or BoatD. Full of Benefits答案:A2. What does "CIF" stand for in trade terms?A. Cost, Insurance, and FreightB. Cost, Insurance, and FreightingC. Cost, Insurance, FreightD. Cost, Insurance, and Free答案:A3. The abbreviation "L/C" commonly used in trade documents is:A. Letter of CreditB. Loan CertificateC. License CertificateD. Legal Certificate答案:A4. Which of the following is NOT a type of trade agreement?A. FranchiseB. Joint VentureC. Exclusive DistributionD. Fixed Deposit答案:D5. The term "D/P" in trade finance refers to:A. Document against PaymentB. Direct PaymentC. Deferred PaymentD. Discounted Payment答案:A6. What is the meaning of "T/T" in international trade?A. Transfer of TitleB. Trade TermsC. Telegraphic TransferD. Total Transport答案:C7. The "B/L" in shipping is known as:A. Bill of LadingB. Bill of LoadingC. Bill of LandingD. Bill of Loading Terms答案:A8. "EXW" in trade terms means:A. Ex WorksB. Exclusive WorksC. Export WorksD. Extended Warranty答案:A9. In trade, "CFR" stands for:A. Cost and FreightB. Cost for RepairC. Cost for RepaymentD. Cost for Replacement答案:A10. The term "D/A" in trade finance is:A. Document against AcceptanceB. Direct against AcceptanceC. Deferred against AcceptanceD. Discount against Acceptance答案:A二、填空题(每空1分,共10分)11. The international trade term "DDP" stands for ________.答案:Delivered Duty Paid12. When a company says it offers "DAP", it means the goods are delivered at place, ________.答案:at the seller's risk13. A "B/O" in shipping documents refers to a ________.答案:Bill of Origin14. The term "EU" in international trade refers to the________.答案:European Union15. The abbreviation "FCA" stands for Free Carrier, which isa term used in ________.答案:Incoterms16. When a seller offers "FAS", it means the goods are free alongside ship at the ________.答案:port of shipment17. "CIP" stands for Carriage and Insurance Paid to, and it is a term used in ________.答案:international trade18. A "P/O" in trade documents is a reference to a ________.答案:Purchase Order19. The term "GSP" refers to the Generalized System of________.答案:Preferences20. "MOQ" stands for Minimum Order Quantity, which is important in ________.答案:order negotiations三、简答题(每题5分,共30分)21. Explain the difference between "FOB" and "CIF" in international trade terms.答案:FOB (Free on Board) means that the seller's responsibility and risk end once the goods are loaded onto the ship, while the buyer is responsible for the freight and insurance from that point. CIF (Cost, Insurance, and Freight) includes the seller's responsibility for the cost, insurance, and freight of the goods to the port of destination.22. What is the purpose of a Letter of Credit (L/C) in international trade?答案:A Letter of Credit (L/C) is a financial instrument used in international trade to provide a secure payment mechanism. It guarantees the seller that they will receive payment as long as the terms and conditions of the L/C are met, thus reducing the risk of non-payment.23. Describe the role of a Bill of Lading (B/L) in shipping.答案:A Bill of Lading (B/L) serves as a receipt of shipment, a contract of carriage, and a document of title. It provides evidence that the goods have been received。
国际经贸期末考试题及答案
国际经贸期末考试题及答案一、选择题(每题2分,共20分)1. 国际贸易中,最常用的贸易术语是:A. FOB(离岸价)B. CIF(成本加保险费加运费)C. DDP(完税后交货)D. EXW(工厂交货)答案:B2. 以下哪个不是世界贸易组织(WTO)的基本原则?A. 非歧视原则B. 透明度原则C. 自由贸易原则D. 保护主义原则答案:D3. 根据国际货币基金组织(IMF)的定义,国际收支平衡表中的经常账户不包括以下哪项?A. 商品贸易B. 服务贸易C. 投资收益D. 直接投资答案:D4. 在国际投资中,跨国公司通常通过以下哪种方式进行?A. 直接投资B. 间接投资C. 股票投资D. 债券投资答案:A5. 以下哪个不是国际经济合作的主要形式?A. 贸易合作B. 技术合作C. 军事合作D. 资本合作答案:C...(此处省略其他选择题)二、简答题(每题10分,共30分)1. 简述国际分工的概念及其对国际贸易的影响。
答案:国际分工是指不同国家和地区根据其资源禀赋、技术优势和生产成本等因素,在国际市场上进行专业化生产和交换的经济活动。
国际分工促进了国际贸易的发展,因为它使得各国能够专注于其具有比较优势的产品生产,从而提高生产效率,降低成本,并通过贸易满足国内需求,实现资源的最优配置。
2. 解释什么是“贸易壁垒”,并列举几种常见的贸易壁垒。
答案:贸易壁垒是指一国为了保护本国产业和市场,对外国商品和服务进入本国市场设置的限制和障碍。
常见的贸易壁垒包括关税壁垒(如高关税)、非关税壁垒(如配额限制、进口许可证制度)、技术壁垒(如产品标准和质量认证)、卫生与植物卫生措施(SPS)以及反倾销和反补贴措施等。
3. 什么是“区域经济一体化”?请简述其对成员国经济的影响。
答案:区域经济一体化是指一组国家之间通过签订协议,逐步消除贸易壁垒,实现商品、服务、资本和劳动力自由流动的经济合作过程。
区域经济一体化对成员国经济的影响包括:促进了成员国之间的贸易增长,增强了经济规模效应;提高了资源配置效率,降低了生产成本;有助于成员国企业拓展市场,增强竞争力;但同时也可能带来对外部市场依赖度增加和内部经济不平衡等问题。
商务英语期末试题及答案
商务英语期末试题及答案一、选择题(每题2分,共20分)1. What is the most common method of payment in international trade?A. CashB. Letter of CreditC. ConsignmentD. Barter答案:B2. Which of the following is not a function of a sales contract?A. To define the terms of the saleB. To serve as a legal documentC. To increase the sales volumeD. To specify the rights and obligations of the parties答案:C3. In business negotiations, what is the purpose of making a counteroffer?A. To reject the initial offerB. To show interest in the dealC. To indicate a willingness to compromiseD. To end the negotiation答案:C4. What is the meaning of "FOB" in international trade terms?A. Free On BoardB. Freight On BoardC. Full OverloadD. Forward Operating Base答案:A5. Which of the following is a benefit of using a franchise business model?A. Complete control over the businessB. Reduced risk due to established brand recognitionC. The ability to set your own pricesD. No need to follow the franchisor's business system答案:B6. What is the primary role of a business plan?A. To secure financingB. To provide a detailed roadmap for the businessC. To advertise the businessD. To serve as a legal document for the business答案:B7. In the context of business, what does ROI stand for?A. Return on InvestmentB. Risk of InvestmentC. Rate of InterestD. Revenue of Income答案:A8. What is the main difference between a sole proprietorship and a partnership?A. The number of ownersB. The type of business activitiesC. The legal structureD. The level of liability答案:A9. Which of the following is an example of a tangible asset?A. A brand nameB. A patentC. A piece of machineryD. A customer database答案:C10. What is the term used to describe the process of exchanging goods or services for other goods or services without using money?A. BarterB. TradeC. ExchangeD. Commerce答案:A二、填空题(每空1分,共10分)1. The term "B2B" stands for __________, which refers to business transactions between two businesses.答案:Business to Business2. In a business context, "SWOT" analysis stands for Strengths, Weaknesses, Opportunities, and __________.答案:Threats3. The process of evaluating a potential investment's profitability is known as __________ analysis.答案:Financial4. A __________ is a document that outlines the terms and conditions of a sale between a buyer and a seller.答案:Invoice5. The concept of "just-in-time" (JIT) inventory managementis often associated with the __________ production system.答案:Lean6. When a company's net income is divided by its total assets, the result is the __________ ratio.答案:Return on Assets (ROA)7. The __________ is the process of identifying and understanding the needs and wants of a target market.答案:Market Research8. A __________ is a type of contract where the ownership of goods is transferred to the buyer upon payment.答案:Sales Contract9. The term "due diligence" refers to the process of__________ before making a business decision.答案:Careful investigation10. In marketing, "4Ps" stands for Product, Price, Place, and __________.答案:Promotion三、简答题(每题10分,共20分)1. Explain the concept of "Net Present Value" (NPV) and its importance in investment decisions.答案:Net Present Value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. It is used to analyze the profitability of an investment or project. NPV is important because it provides a method to compare the value of different investments, taking into account the time value of money. A positive NPV indicates that the investment is expected to generate more cash than the cost, making it a potentially profitable opportunity.2. Describe the role of a "Board of Directors" in a company.答案:A Board of Directors is a group of。
外贸英语期末考试试题
外贸英语期末考试试题### 外贸英语期末考试试题一、选择题(每题2分,共20分)1. The term "FOB" in international trade refers to:A. Free on BoardB. Free of BoardC. Freight on BoardD. Full of Board2. Which of the following is not a payment term in international trade?A. DAPB. EXWC. DDPD. COD (Cash on Delivery)3. The abbreviation "L/C" stands for:A. Letter of CreditB. Logistics CenterC. Loading CertificateD. Long-term Contract4. In a sales contract, "INCOTERMS" refers to:A. International Commercial TermsB. International Contract TermsC. International Communication TermsD. International Customs Terms5. The "B/L" in international trade documents is:A. Bill of LadingB. Bill of LandingC. Bill of LoadingD. Bill of Ledger二、填空题(每空1分,共20分)6. The standard international trade terms are published by the ________.7. When a seller quotes a price "CIF," it means the price includes ________ and insurance.8. A "proforma invoice" is a preliminary invoice that includes details of the goods, quantities, prices, and________.9. The term "D/P" in international trade refers to "documents against payment," where the documents are released once the ________ is received.10. An "open account" is a trade transaction where the goods are shipped before payment is ________.三、简答题(每题10分,共30分)11. Explain the difference between "CIF" and "CFR" terms in international trade.12. What are the key components of a Letter of Credit (L/C) and why are they important?13. Describe the process of negotiating a sales contract in international trade.四、案例分析题(共30分)14. [Case Study] A Chinese exporter has agreed to sell 10,000 units of a product to a foreign buyer under DAP terms. The buyer has requested to pay via a Letter of Credit (L/C). The exporter is concerned about the risks involved with this transaction. Discuss the following:- What are the risks associated with DAP terms for the exporter?- How can a Letter of Credit mitigate these risks?- What steps should the exporter take to ensure a smooth transaction?五、作文题(共30分)15. Write an essay on the importance of cultural awareness in international business negotiations. Discuss how understanding cultural differences can lead to more successful outcomes in trade agreements.注意:- 请在规定时间内完成所有题目。
2020-2021大学《国际贸易学》(双语)期末课程考试试卷B(含答案)
第 1 页 共 4 页2020-2021《国际贸易学》(双语)期末课程考试试卷B本试卷适用于试卷所需时间120分钟。
闭卷考试,总分100分。
考试日期: 题号 一 二 三 四 五 总分 分数 评卷人一、单项选择题:(共25小题,每小题1分,共25分)1. Which of the following is NOT true about mercantilism?A. Under mercantilism, exports were encouraged and imports were discouraged.B. Mercantilists believed that one country’s gains from trade came at the expense of another country or countries’ well being.C. Domestic producers were often hurt by mercantilism.D. Mercantilism focused on the accumulation of gold and silver bullion.2. When a nation requires fewer resources than another nation to produce a product, the nation is said to have a(n):A. Absolute advantage in the production of the productB. Comparative advantage in the production of the productC. Lower marginal rate of transformation for the productD. Lower opportunity cost of producing the product3. If a country exports the good that it can produce at a low opportunity cost and imports those goods that it would otherwise produce at a high opportunity cost, we say that such trade is based upon:A. Absolute advantageB. ArbitrageC. Labor productivity differencesD. Comparative advantage4. When a nation is in autarky and maximizes its living standard, its consumption and production points are:A. Above the production possibilities frontierB. Along the production possibilities frontierC. Beneath the production possibilities frontierD. Any of the above5. The theory that predicts that trade occurs because of differences in the availability of factor inputs across countries and the differences in the proportions in which the factor inputs are used in producing different products is called: A. The Stolper-Samuelson theory. B. Comparative advantage C. The Heckscher-Ohlin theory D. Absolute advantage6. Given the assumptions of the Heckscher-Ohlin model, the opening of trade in a land-abundant country will cause the domestic price of wheat to: A. Fall B. RiseC. Be unaffectedD. At first rise but then fall back to its original level 7. When a large country imposes an import quota:A. World prices rise.B. World prices fall.C. Domestic prices fall.D. Domestic production falls.8. The Stolper-Samuelson theorem states that given certain assumptions and conditions:A. The real return to the factor used intensively in the import-competing industry will rise in the long-run.B. The real return to the factor used intensively in the export industry will fall in the long-run.C. The real return to the factor used in the rising price industry will rise in the long-run.D. The real return to the factor used intensively in the export industry will rise in the long-run.9. Referring to Figure 2.1, the relative cost of steel in terms of aluminum is: A. 4.0 tons B. 2.0 tons C. 0.5 tons D. 0.25 tons 10. According to the factor-price-equalization theorem, free trade equalizes:A. Product prices as well as the prices of individual factors of production between two countries.B. Product prices between two countries but not the prices of individual factors of production.院系: 专业班级: 姓名: 学号:装 订 线第 2 页 共 4 页C. Product prices between two countries and factor prices within each country but not between countries.D. Product prices and factor prices within each country but not between countries. 11. Assume that Country A, in the absence of trade, finds itself relatively abundant in labor and relatively scarce in land. The Heckscher-Ohlin theory reasons that with free trade, the internal distribution of national income in Country A will change in favor of:A. LaborB. LandC. Both labor and landD. Neither labor nor land 12. A rise in the price of imports or a fall in the price of exports will:A. Expand the production possibilities frontierB. Improve the terms of tradeC. Contract the production possibilities frontierD. Worsen the terms of trade 13. Which of the following would least likely apply to the product life cycle theory? A. Calculators and computers B. Coal and crude oil C. Home movie cameras D. Office machinery14. When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was exporting relatively labor-intensive goods and importing relatively capital-intensive goods. This finding:A. Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant.B. Contradicted the Heckscher-Ohlin theory as the United States was relatively labor-abundant.C. Was never duplicated by other studies and has thus been labeled a paradox.D. Fit the predictions of the Heckscher-Ohlin theory concerning the trading patterns of a capital-abundant country.15. The author of the Wealth of Nations was:A. David RicardoB. Paul SamuelsonC. Adam SmithD. Karl Marx16. Which of the following is the formula for a product’s intra -industry trade (IIT) share?A. 1 – |X - M |B. 1 - (X + M)C. 1 – [ |X - M | / (X + M)]D. 1 – [ |X + M | / (X - M)]17. Suppose that there are only two types of traded commodities: industrial products and primary products. Which of the following changes in global market conditions would be necessary in order for countries that export primary products to experience “immiserizing growth”?A. The global price of industrial products would have to rise.B. The global price of primary goods would have to fall relative to the global price of industrial goods.C. The supply of primary products would have to rise.D. The supply of industrial goods would have to fall.18. When company X doubled its output, it found that its cost per unit had fallen by 10%. We can therefore conclude:A. It enjoys external scale economies.B. It enjoys internal scale economies.C. Demand for its product is elastic.D. It has a comparative advantage in production.19. The United States and Canada produce trees using labor and land. Initially, Canada has fewer workers per acre than the United States. The countries share the same technology. Consider the effects of allowing labor to move freely between the two countries. Then the wage in Canada will _________.A. fallB. riseC. remains unchangedD. A or C.20. If a small country imposes a tariff on imported motorcycles, the world price of motorcycles will __________ and the domestic price of motorcycles will __________. A. Rise; rise B. Fall; rise C. Stay constant; rise D. Stay constant; fall 21. A non-tariff barrier operates by: A. Limiting the quantity of importsB. Increasing the cost of getting imports to market.C. Creating uncertainty about the conditions under which imports will be permitted.D. All of the above.22. When the value of a nation's exports exceeds the value of its imports, the nation is said to haveA. Trade dependencyB. Trade surplusC. Trade deficitD. Trade debit 23. With respect to forms of "regional economic integration": A. a "customs union" is more integrated than a "common market" B. a "free trade area" is more integrated than an "economic union" C. a common market is the most complete form of integrationD. customs unions do not permit free flow of factors of production across member country borders24. One of the reasons that protectionists and government officials may favor using a quota instead of a tariff is:A. Quotas generate more revenue for the government than do tariffs.B. A quota ensures that the quantity of imports is strictly limited.C. Quotas create less market distortions than do tariffs.院系: 专业班级: 姓名: 学号:装 订 线第 3 页 共 4 页D. Quotas give less power to politicians than do tariffs.25. In the last completed round of trade negotiation (the Uruguay Round), an agreement regarding the services trade was achieved. This agreement is _____________.A. GATTB. WTOC. GATSD. CATS二、判断题(T/F ):(共10小题,每小题1分,共10分)1. Adam Smith’s theory of absolute advantage relied on the labor theory of value.2. In the two-country, two-good model, both countries can gain from trade as long as their relative advantages and disadvantages in producing different goods are different.3. While China’s exports are consistent with the predictions of the Heckscher -Ohlin theory, her imports are not.4. The value of foreign trade is the total amount of a nation’s foreign trade, i.e. the total amount of import and export (of goods) within a certain period. Then the value of international trade is the total value of foreign trade of all countries throughout the world.5. Net trade for a product is the value of the difference between exports and imports for that product.6. It is possible for a large country to be better off, worse off, or no better off/no worse off as a result of a tariff being imposed.7. More price supports and subsidies are provided to agriculture worldwide than any other sector of the economy.8. Strategic trade policy is a government policy whereby a subsidy is provided in order to help the domestic firm win a trade battle in an oligopolistic market. 9. FDI outflows have a positive impact on workers in the home country.10. Buyer’s cre dit refers to the credit provided by the buyer’s bank for promoting import of foreign products.三、计算分析题(共2小题,每小题10分,共20分)1. The equation for the demand curve for writing paper in Belgium is Q D =350-(P/2) or P=700-2Q D . The equation for the supply curve for writing paper in Belgium is Q S =-200+5P or P=40+(Q S /5).a. What are the equilibrium price and quantity if there is no international trade?b. What are the equilibrium quantities for Belgium if the nation can trade freely with the rest of the world at a price of 120?c. What is the effect of the shift from no trade to free trade on Belgium consumer surplus? On Belgium producer surplus? What is the net national gain or loss for Belgium?2. Suppose that under free trade a final commodity F has a price of $ 20 and the price of the only input A to commodity F is $ 10. Now consider the following four situations where protective tariffs exist.(a) Suppose that the tariff rate on the final good F is 20%, and no tariff rate on input A. (b) Suppose that the tariff rates on both the final good F and the input A are both 20%. (c) Suppose that the tariff rate on the final good F and the input A is 20% and 30% respectively.(d) Suppose that the tariff rate on the final good F and the input A is 20% and 60% respectively.(1) Calculate the ERP for the domestic industry producing good F. (2) Interpret the meaning of this calculated ERP.四、简答题(共4小题,每小题8分,共32分)1. What is intra-industry trade? Is intra-industry trade consistent with the predictions of the Heckscher-Ohlin theory? Clearly explain why it is or is not consistent with Heckscher-Ohlin.2. What is the economic definition of dumping? If the importing country suspects dumping, what action can be taken?3. What is GSP? What are its principles?4. What factors should be considered in determining whether a firm should sell to foreign buyers by exporting from its home country or by setting up local production in the foreign country to produce the products that are sold to foreign consumers? When identifying these factors, clearly explain how and why they push the decision toward one or the other of the two available choices.五、论述题(共1小题,共13分)1. “Trade blocs are good for economic well-being and countries should try to join them.” Do you agree or disagree? Why? In your answer, discuss the role of trade creation and trade diversion. What other gains may arise in a country that chooses to join a trade bloc?系: 专业班级: 姓名: 学号:装 订 线2020-2021《国际贸易学》(双语)期末课程考试试卷B答案1. a. With no international trade, equilibrium requires Q D=Q S. Setting the two equations equal to each other, we can find the equilibrium price with no trade: 350-(P/2)= -200+5P. The equilibrium no-trade price is P=100. Using one of the equations, we find that the no-trade quantity is 300. (3分)b. At a price of 120, Belgium’s quantity demanded is 290, and its quantity supplied is 400. With free trade Belgium exports 110 units. (3分)c. Belgian consumer surplus declines. With no trade it is a larger triangle below the demand curve and above the 100 price line. With free trade it is a smaller triangle below the demand curve and above the 120 price line. Belgian producer surplus increases. With no trade it is smaller triangle above the supply curve and below the 100 price line. With free trade it is a larger triangle above the supply curve and below the 120 price line. The net national gain from trade is the difference between the gain of producer surplus and the loss of consumer surplus. This gain is a triangle whose base is the quantity trade (110) and whose height is the change in price (120-100=20) so the total gain is 1100.(4分)2. (1) According to the formula ERP=[(t-a i t i)/(1-a i)]×100%, or ERP=[(V’-V)/V]×100%, we can get the following answers: (a) If the tariff rate on the final good F is 20%, and no tariff rate on input A, we have ERP=40%.(2分)(b) If the tariff rates on both the final good F and the input A are both 20%, we have ERP=20%.(2分)(c) If the tariff rate on the final good F and the input A is 20% and 30% respectively, we have ERP=10%.(2分)(d) If the tariff rate on the final good F and the input A is 20% and 60% respectively, we have ERP=-20%(2分)(2) If t>t i, ERP>t; If t=t i, ERP=t; If t<t i, ERP<t; If t i becomes extremely high, ERP will become negative.(2分)四、简答题(共4小题,每小题8分,共32分)1. Intra industry trade is a trade in which a country both exports and imports the same or a very similar product. Intra-industry trade is not generally consistent with the Heckscher-Ohlin theory. (2分)The Heckscher-Ohlin theory predicts that countries will export goods that extensively use their abundant resources and will import goods that extensively use their scarce resource. (2分)The Heckscher-Ohlin theory is suited to explain trade between developing and industrialized countries because they differ in their endowments of production resources. (2分)The Heckscher-Ohlin theory fails to explain why we observe so much trade among industrialized countries: 70% of the exports of industrialized countries go to other industrialized countries.(2分)2. Dumping is selling exports at a price below the normal value (or fair market value). (2分)There are two definitions of normal value. The traditional definition of normal value is the price charged in the home market. Dumping in this case means international price discrimination. (2分)The second definition of normal value is the average cost of production. Under this second definition dumping is selling goods abroad at a price below average production cost. (2分)If a country can show foreign producers dump into their market and injury results, the country can impose antidumping measures. (2分)3. GSP: is a system currently in place where a large number of DCs permit duty-free entry of a selected list of products if those products are imported from particular LDCs. (2分)(1) Generalized: Industrialized countries give this treatment to all the manufactured or semi-manufactured goods of LDCs.(2分)(2) Non-discriminatory: Industrialized countries give this treatment to all LDCs, without exception.(2分)(3) Non reciprocal: The LDCs do not reciprocate; they needn’t grant goods from developed nations similar special treatment. (2分)4. When transport costs and trade barriers are low, the MNE can use FDI to reduce total costs by locating different stages of overall production in different countries. For example design and development can be located in the home country while other stages of production can be located according to the country’s cost advantage. (4分)FDI and exports can sometimes be complements or substitutes depending on whether the foreign affiliates undertake the same kind of production as the parent firm. When transport costs and trade barriers are high, the choice would tilt toward FDI. Most studies, however, conclude that FDI is complementary to international trade as parts of the product line must be imported. (4分)五、论述题(共1小题,共13分)1. POSSIBLE RESPONSE: In general, the formation of trade blocs does not always lead to an improvement of economic welfare worldwide, or even within the country. (2分)On the one hand, the formation of trade blocs seems to imply a removal of trade barriers and thus a step toward free trade (trade creation). This is beneficial to consumers in the country as it leads to lower consumer prices, higher trade volumes, and higher consumer surplus. (3分)On the other hand, the formation of trade blocs might lead to shifting of imports to less efficient foreign producers who gain an advantage over more efficient producers in countries that are not members of the trade bloc. (2分)This shifting of imports is called trade diversion and creates a welfare loss for the member country. Whether or not a country gains from joining a trade bloc depends on the benefits from trade creation, the losses from trade diversion, and the possible gains from an array of other effects that may be difficult to quantify. Let us discuss in more detail these additional possible sources of benefits. (3分)First, an increase in competition can reduce prices. If before the formation of the bloc firms in the different countries had monopoly power in each national market, when national markets are joined in a bloc-wide market, firms must compete with each other. Prices are likely to move closer to marginal costs. (2分)Second, an increase in competition can lower costs of production. The increased level of competition increases the pressure on firms to implement new technologies and minimize costs. (2分)Third, firms can lower costs by expanding their scale of production. Before the formation of a bloc, each firm may have been limited to serving only its national market. If scale economies are substantial, the expansion of the firm in the bloc-wide market will lower its cost of production. (2分)第 4 页共4 页。
2020-2021大学《国际贸易学》(双语)期末课程考试试卷A(含答案)
2020-2021《国际贸易学》(双语)期末课程考试试卷A本试卷适用于。
试卷所需时间120分钟。
一、单项选择题:(共25小题,每小题1分,共25分)1. Which of the following says that any dollar of gain or loss will be equally valued, regardless of who experiences it?A.Consumer surplusB.Producer surplusC.ArbitrageD.One-dollar, one-vote metric2. Consider a typical two-country model. In the exporting country, consumers will be ______ and producers will be______ with the opening of international trade. A. Happy; happy B. Unhappy; happy C. Unhappy; unhappy D. Happy; unhappy3. The author of the Wealth of Nations was:A. David RicardoB. Paul SamuelsonC. Adam SmithD. Karl Marx4. The theory of comparative advantage was first presented by: A. Adam Smith B. Karl MarxC. David RicardoD. Eli Heckscher5. The theory that predicts that trade occurs because of differences in the availability of factor inputs across countries and the differences in the proportions in which the factor inputs are used in producing different products is called:A. The Stolper-Samuelson theoryB. The Heckscher-Ohlin theoryC. Comparative advantageD. Absolute advantage6. The Stolper-Samuelson theorem would predict that trade between the United States, a capital-abundant country, and Mexico, a labor-abundant country, should lead to:A. Higher wages in both countriesB. Lower wages in both countriesC. Higher wages in MexicoD. Lower wages in Mexico7. If the domestic country is labor abundant, which of the following groups will gain in the short-run, but lose in the long-run? A. Domestic landowners in the farming sectorB. Domestic landowners in the cloth-making sectorC. Foreign landowners in the farming sectorD. Foreign workers in the cloth-making sector 8. Immiserizing growth effect can occur when:A. A large country experiences a growth in the production of its export-oriented goods.B. There is a decline in the research and development investments in a large country.C. The terms of trade of a small country decline.D. The import-competing goods are overproduced in a large country.9. Which of the following is the value of the difference between exports and imports for a product? tradeB.Intra-industry tradeC.Product differentiationD.Returns to scale 10. China is a net importer of:A. Shoes and other footwearB. Scientific equipmentC. ToysD. Clothing and accessories11. The clustering of some industries, such as banking and finance in New York City and high-technology computer production in Silicon Valley, can be explained by: A. External scale economies. B. Monopolistic competition. C. Intra-industry trade. D. The demand for variety. 12. If a small country imposes a tariff on imported motorcycles, the world price of motorcycles will _____ and the domestic price of motorcycles will _____. A. Rise; rise B. Fall; riseC. Stay constant; riseD. Stay constant; fall13. If a country with monopsony (买方垄断) power imposes a tariff on imported farm equipment, the world price of farm equipment will: A. Fall B. Rise院系: 专业班级: 姓名: 学号:装 订 线C. Be unaffectedD. Become equal to the domestic price of farm equipment. 14. A nontariff barrier operates by: A. Limiting the quantity of imports.B. Increasing the cost of getting imports to market.C. Creating uncertainty about the conditions under which imports will be permitted.D. All of the above.15. One of the reasons that protectionists and government officials may favor using a quota instead of a tariff is:A. Quotas generate more revenue for the government than do tariffs.B. A quota ensures that the quantity of imports is strictly limited.C. Quotas create less market distortions than do tariffs.D. Quotas give less power to politicians than do tariffs.16. Which of the following subsidies is prohibited under WTO rules? A. Subsidies to research and development.B. Subsidies to assist disadvantaged regions within the exporting country.C. Subsidies that are used to assist firms in meeting environmental regulations.D. Subsidies that are used to encourage firms to export more.17. Which of the following allows member countries to import from other member countries freely, but imposes trade barriers against imports from outside countries? A. A trade embargo B. A trade bloc C. The most favored nation principle D. Trade creation 18. Which of the following features does a customs union have? I. Free trade among the members. II. Common external tariffs.III. Free movement of factors of production. IV. Harmonization of all economic policies.A. IB. I and IIC. I, II, and IIID. I, II, III, and IV19. Which of the following is a free-trade area that includes the United States, Mexico, and Canada?A. NAFTAB. MERCOSURC. EUD. ASEAN 20. When a large country imposes an import quota:A. World prices rise.B. World prices fall.C. Domestic prices fall.D. Domestic production falls.21. Which of the following countries provides government supports to its farmers? A. The United States B. JapanC. The European UnionD. All of the above22. Which of the following states that any trade concession given to any foreign country must be given to all other countries having the same status? A.A trade embargo B.A trade bloc C.The most favored nation principle D.Trade creation23. China’s policies towards FDI _____ inv estments that bring in advanced technology, _____investments that use old technologies and_____ investments in traditional Chinese crafts.A. Encourage; encourage; prohibitB. Discourage; encourage; encourageC. Encourage; discourage; prohibitD. Discourage; discourage; encourage24. ______ is the movement of people from one country to another country in which they plan to reside for some noticeable period of time.A. Domestic tradeB. International tradeC. Internal migrationD. International migration25. Which of the following has overseen the global rules of government policy toward international trade since 1995?A. World Trade OrganizationB. General Agreement on Tariffs and TradeC. International Monetary FundD. World Bank二、判断题(共10小题,每小题1分,共10分)1. The value of foreign trade is the total amount of a nation’s foreign trade, i.e. the total amount of import and export (of goods) within a certain period. Then the value of international trade is the total value of foreign trade of all countries throughout the world.2. While international trade will benefit both the importing and exporting country in a two-country world, the gains from trade in the exporting country will usually be greater than the gains from trade in the importing country.3. Free trade is a zero-sum activity. That is, one county always gains and the other always loses from free trade.: 专业班级: 姓名: 学号:装 订 线4. Mercantilists believe that when one country benefited from international trade it was at the expense of another country or countries.5. In the two-country, two-good model, both countries can gain from trade as long as their relative advantages and disadvantages in producing different goods are different.6. Factor-price equalization theory predicts that the price of labor and land within a country will equalize.7. In the short-run after trade opens, wages and land rents can be expected to rise in the expanding sector.8. It is possible for a large country to be better off, worse off, or no better off/no worse off as a result of a tariff being imposed.9. The use of a trade restriction by one country can cause other countries to retaliate, and may lead to a trade war in which all countries use high import barriers.10. Antidumping duties increase economic well-being in the United States by protecting import-competing firms.三、计算分析题(共2小题,每小题10分,共20分)(1) For each product for Japan, calculate the IIT share.(2) Japan is an importer of large civilian aircraft. What economic theory or concept best explain s this aspect of Japan’s trade?2. Suppose that $80 of imported wool (input) goes into the domestic production of a suit(final commodity). Suppose also that the free trade price of the suit is $100, but thenation imposes a 10% nominal tariff on each imported suit. The price of suits to domestic consumers would be $110.(a) Suppose that no tariff is imposed on the imported wool. (b) Suppose that the tariff rate on the imported wool is 10%. (c) Suppose that the tariff rate on the imported wool is 12%. (d) Suppose that the tariff rate on the imported wool is 20%. (1) Calculate the ERP for the domestic suits industry. (2) Interpret the meaning of this calculated ERP.四、简答题(共4小题,每小题8分,共32分)1. “According to Ricardo’s analysis, a country exports any good whose production requires fewer labor hours per unit than the labor hours per unit needed to produce the good in the foreign country. That is, the country exports any good in which its labor productivity is higher than the labor productivity for this good in the foreign country.” Do you agree or disagree? Why?2. A free-trade equilibrium exists in which the United States exports machinery and imports clothing from the rest of the world. The goods are produced with two factors: capital and labor. The trade pattern is the one predicted by the H-O theory. An increase now occurs in the U.S. endowment of capital, its abundant factor.a. What is the effect on the shape and position of the U.S. production-possibility curve?b. What is the effect on the actual production quantities in the United States if the product price ratio is unchanged? Explain.3. What are the two official definitions of dumping? Under the Anti-Dumping Agreement, under what circumstances, WTO Members can impose anti-dumping measures?4. How are trade creation and trade diversion defined, and what roles do they play in the world gains and losses from a trade bloc?五、论述题(共1小题,共13分)1. A country currently prohibits any FDI into the country. Its government is considering liberalizing this policy. You have been hired as a consultant to a group of foreign firms that wants to see the policy loosed. They ask you to prepare a report on the major arguments for why the country should liberalize the policy. What will your report say?专业班级: 姓名: 学号:装 订 线2020-2021《国际贸易学》(双语)期末课程考试试卷A 答案二、判断题:(共10小题,每小题1分,共10分)三、计算分析题(共2小题,每小题10分,共20分)1. (1) Here is the calculation for perfumes: M X IIT --=||1=016.0|2422|1=--(2) The theory based on substantial scale economies, for the world, two firms produce large civilian aircraft. Boeing produces most of its aircraft in the U.S., and Airbus in Europe. It would be very difficult for a Japanese firm to achieve sufficient scale if it tried to enter into aircraft production. With no local production, Japan imports large civilian aircraft. (3分)2. (1) According to the formula ERP=[(t-a i t i )/(1-a i )]×100%, or ERP=[(V’-V)/V]×100%, we can get the following answers:(a) If t i =0%, we have ERP=50%(2分);(b) If t i =10%, we have ERP=10% (2分);(c) If t i =12%, we have ERP=2%(2分);(d) If t i =20%, we have ERP=-30%(2分)(2) ①If t>t i , ERP>t; ②If t=t i , ERP=t; ③If t<t i , ERP<t ; ④If t i becomes extremely high, then ERP will become negative. (2分)四、简答题(共4小题,每小题8分,共32分)1. Disagree. This statement describes absolute advantage. It would imply that a country that has a higher labor productivity in all goods would export all goods and import nothing.(2分)Ricardo instead showed that mutually beneficial trade is based on comparative advantage —trading according to maximum relative advantage.(3分)The country will export those goods whose relative labor productivity (relative to the other country and relative to other goods) is high, and import those other goods whose relative labor productivity is low.(3分)2. a. The entire U.S. production-possibilities curve shifts out, with the outward shift relatively larger for t he good that is intensive in capital. If the U.S. trade pattern follows the Heckscher-Ohlin theory, then this good is machinery. Growth is biased toward machinery production. (4分)b. According to the Rybczynski theory, the quantity produced of machinery increases and the quantity produced of clothing decreases if the product price ratio is unchanged. The extra capital is employed in producing more machinery, and the machinery industry must also employ some extra labor to use with the extra capital. The extra labor is drawn from the clothing industry, so clothing production declines. (4分)3. One definition of dumping is selling an export at a price lower than the price charged to domestic buyers of the product within the exporting country. This definition emphasizes international price discrimination.(2分)The second definition is selling an export at a price that is lower than the full average cost of the product plus a reasonable profit margin.(2分)(1) Dumping is occurring;(1分) (2) The domestic industry producing the like product is suffering material injury or threat of material injury.(2分) (3) There is a causal link between the two.(1分)4. (1) Trade creation is the increase in total imports resulting from the formation of a trade bloc. Trade creation occurs because importing from the partner country lowers the price in the importing country, so that some high-cost domestic production is replaced by lower-priced imports from the partner, and because the lower price increased the total quantity demanded in the importing country. (2分)Trade diversion is the replacement of imports from lower-cost suppliers outside the trade bloc with higher-cost imports from the partner. It occurs because the outside suppliers remain hindered by tariffs, while there is no tariff on imports from the partner. (2分)(2) Trade creation creates a gain for the importing country and the world. Trade diversion creates a loss for the importing country and the world.(2分)The importing country and the world gain from the trade bloc if trade creation gains exceed trade diversion losses. (2分)五、论述题(共1小题,共13分)1. Key points that should be included in the report.(1) FDI brings new technologies into the country.(1分)(2) FDI brings new managerial practices into the country.(1分)(3) FDI brings marketing capabilities into the country. These can be used to better meet the needs of the local market. They may be particularly important in expanding the country’s exports by improving the international marketing of products produced by the multinational firms that begin production in the country.(3分)(4) FDI brings financial capital into the country, and expands the country’s ability to invest in domestic production capabilities.(2分)(5) The local affiliates of the multinationals raise labor skills by training local workers.(1分)(6) Technological spillover benefits accrue to the country as it hosts FDI, because some of themultinationals’ technology, managerial practices, and marketing capabilities spread to local firms as they learn about and imitate the multinational’s intangible assets. Taken together, these first six items serve to increas e the country’s supply-side capabilities for producing (and selling) goods and services.(3分)(7) In addition, the country’s government can gain tax revenues by taxing the profits of the local affiliates established by the foreign multinationals.(2分)。
考外贸英语试题及答案
考外贸英语试题及答案一、选择题(每题2分,共40分)1. Which of the following is NOT a common mode of international trade?A) CountertradeB) BarterC) E-commerceD) Direct mail2. The term "FOB" in international trade stands for:A) Free on BoardB) Freight on BoardC) Full on BoardD) Final on Board3. If a company is "D/P" in a trade transaction, it means:A) Delivery paidB) Documents against paymentC) Discount payableD) Direct payment4. The abbreviation "L/C" refers to:A) Letter of CreditB) License of CreditC) Limit of CreditD) Loan of Credit5. What is the meaning of "CIF" in international trade terms?A) Cost, Insurance, and FreightB) Cost, Insurance, and Freight paidC) Cost, Insurance, and Freight to be paidD) Cost, Insurance, and Freight received6. In which of the following situations would a company NOT typically use a Letter of Credit?A) When the buyer and seller are in different countriesB) When the buyer wants to ensure the quality of the goodsC) When the seller wants to guarantee paymentD) When the buyer and seller have a long-standing relationship7. The term "EXW" stands for:A) Ex WorksB) Exclusive WorksC) Exchange WorksD) Export Works8. Which of the following is NOT a type of insurance that might be required in international trade?A) Marine insuranceB) Cargo insuranceC) Life insuranceD) All risks insurance9. The abbreviation "CFR" stands for:A) Cost and FreightB) Cost, Freight, and InsuranceC) Contract for ResaleD) Certificate of Free Resale10. What does "T/T" mean in the context of international trade transactions?A) Transfer of TitleB) Telegraphic TransferC) Total TradeD) Trade Treaty11. The term "D/A" in trade transactions refers to:A) Documents against AcceptanceB) Direct AccessC) Discounted AmountD) Domestic Area12. Which of the following is NOT a reason for using a countertrade agreement?A) To balance trade deficitsB) To access new marketsC) To avoid currency exchange ratesD) To reduce shipping costs13. The term "FCA" stands for:A) Free CarrierB) Full Container AllocationC) Final Contract AgreementD) Forwarding Contract Agreement14. In international trade, "BOP" refers to:A) Balance of PaymentsB) Bureau of PersonnelC) Board of ProtectionD) Business Operations Plan15. Which of the following is a common method of payment in international trade?A) Cash on deliveryB) Credit cardC) Personal checkD) All of the above16. The abbreviation "CIP" stands for:A) Carriage and Insurance PaidB) Cost, Insurance, and PaymentC) Contracted Insurance PlanD) Comprehensive Insurance Policy17. What is the meaning of "DDP" in international trade terms?A) Delivered Duty PaidB) Domestic Delivery PaidC) Direct Delivery PriceD) Discounted Delivery Price18. Which of the following is NOT a benefit of using a Letter of Credit in international trade?A) It guarantees paymentB) It reduces the risk for the sellerC) It provides flexibility in payment termsD) It ensures the quality of the goods19. The term "FAS" stands for:A) Free Alongside ShipB) Full and SecureC) Final Accounting StatementD) Forwarding and Shipping20. In which of the following situations would a company NOT typically use a countertrade agreement?A) When there are trade restrictionsB) When there is a need to balance tradeC) When the buyer has excess inventoryD) When the seller wants to avoid currency exchange二、填空题(每题1分,共10分)21. The term "CPT" stands for ________.22. When a company uses "D/P" in a trade transaction, it means that the documents will be released upon ________.23. The abbreviation "L/C" at sight refers to a Letter of Credit that is payable ________.24. The term "CIF" includes the cost of the goods, insurance, and ________ to the named port.25. The term "EXW" means that the seller makes the goods available to the buyer at the seller's premises, and the buyer bears all ________.26. The term "D/A。
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《国际服务贸易》(全英语)试卷I . Tran slate the followi ng in to Chin ese (15 poin ts, 1 poin t/term)I. Public mon opolies2. Natural mon opoly3.ln adequate in formatio n4. Externality5. U ni versal access6.Schedule of commitme nt7. Market access8. Nati onal treatme nt9. Quota-type limits10. Discrim in atory taxes".Domestic regulations12. Trade barriers13. Physical proximity14.i ncreas ing returns to scale15.lock- in3. 中心外围结构4. 劳动密集型服务key terms in to En glish (15 poi nts, 11.综合性集聚II. Tran slate the followi ngpoi nts/term)2. 专业性集聚5. 供给模式的替代性6•保护的工具7. 政府采购政策8. 国内监管缺乏透明性9. 许可和证书要求10. 企业特定固定成本11. 固定资本形成总值12. 关税等价13 •非承诺部门14. 市场定位效应15. 承诺价值川.Single-Choice Questions(20 points, 1 points/Question)Please write the answer here:14 15 16 1 7 18 19 2 01. The software services provided by a supplier in one country through electro nic means bel ong to:A Cross-borderB Con sumptio n abroadC Commercial prese neeD Prese nee of n atural pers ons2. Establish ing right related to:A Cross-borderB Con sumptio n abroadC Commercial prese neeD Prese nee of n atural pers onsof state monopolies without creating competition, the3.The privatizationresult may beA Lower pricesB Tran sfers of mon opoly ren tsC Improved qualityD Greater variety4.Services are highly regulated is because ofA Natural mono polyB In adequate in formatio nC ExternalityD Social equity5.The common feature of roads and rails for land transport, cables and satellites for communications, and pipes for sewage and energy distribution is:A Natural monopolyB Inadequate informationC ExternalityD Social equity6. The remedy of inadequate information problem in service should beA CompetitionB RegulationC Public monopoly C Privatization7. Which is more efficient the following remedies of externality problem in service?A Subsidy the poorB Entry restrictionC CompetitionD Regulation8.In which conditions can the commitments be modified or suspended?A Protect the poorB For social equityC Serious financial difficultiesD Insufficient Information9.What is the following the most probably unconditional obligations for a member?A Establish right to foreignersB Free movement of laborC Transparency obligationsD Capital account opening10.What is the following limitations quota-type limits on market accss?A Joint venture requirementsB Foreign equity ceilingsC Value of assetsD Foreign capital participation limits11. What does the following facilitate to competition in telecommunication services?A Partially privatizing the traditional monopolistB The great sunk cost.C The government regulation.D The network effects12.Services goods are seldom suffered from:A Discriminatory taxesB Trade tariffsC Domestic regulationsD Quota-type limits13.Specialization gains usually comes from:A Agglomeration effectsB Arable landC Skilled laborD Capital resources14.The gains driven by the market-niche effect can not potentially generate:A Variety of productsB Scale economiesC competitive effectsD Market-expansion effects15.What does the following services have the typical networks effects?A TelecommunicationsB Hotel servicesC Restaurant servicesD Recreational services16. What does the following services have the least networks effects?A TelecommunicationsB Hotel servicesC Financial servicesD Transportation services17. The competitive advantage of a firm are mainly from:A The firm-specific fixed costsB The sunk costC The plant-level fixed costsD The variable cost18.In which account is the data of services trade displayed in BOP?The current account The capital accountThe financial account None of them19.Which one of the modes of services supply data are hard to be found in BOP?A mode 1B mode 2C mode 3D mode 420.The FDI enterprise may be:A A subsidiaryB An associate,C A branchD All of themIV .Questions and problems©。
points, 10points/each)1. What are the four modesof services supply? Please give examples of each mode. Answer:2. What are the trade barriers of services trade? and please give examples to illustrate the different effects of different types of trade barriers.Answer:V .Please select one from the followingthree topics to write an essay of about200 words. (20 points ) 1. Please describe the international background of the establishment ofShanghai FTZ(hints: please referring to the following International Events: The TTP(Trans-Pacific Partnership), TTIP(Transatlantic Trade andInvestment Partnership), TISA(Trade in Services Agreement), BIT(Bilateral Investment Treaty)).2. Please discuss the reasons and effects of China's economic growthslow-down since 2007. 3. Please describe the i mpact on China 's financial position of the foundingof the New Development Bank (NDB) and Asian Infrastructure Investment Bank(AIIB).3. What is the negative list orliberalization?Answer: top-down ” approach in services。