国际贸易英语试题
国际贸易考试题及答案
国际贸易考试题及答案一、选择题(每题2分,共20分)1. 国际贸易中,以下哪项不是贸易术语(Incoterms)的一部分?A. FOB(Free On Board)B. CIF(Cost, Insurance and Freight)C. DDP(Delivered Duty Paid)D. EXW(Ex Works)答案:D2. 根据国际货币基金组织(IMF)的定义,以下哪项不是国际储备资产?A. 外汇储备B. 黄金储备C. 特别提款权(SDR)D. 国内债券答案:D3. 在国际贸易中,以下哪种支付方式不属于信用证支付?A. 即期信用证B. 远期信用证C. 托收D. 保函答案:C4. 世界贸易组织(WTO)的主要职能不包括以下哪项?A. 促进国际贸易自由化B. 解决成员国之间的贸易争端C. 制定国际贸易规则D. 直接参与国际贸易活动答案:D5. 以下哪个国家不是金砖国家(BRICS)的成员?A. 巴西B. 俄罗斯C. 印度D. 澳大利亚答案:D6. 贸易平衡表中,出口大于进口的情况被称为:A. 贸易顺差B. 贸易逆差C. 贸易平衡D. 贸易赤字答案:A7. 以下哪个不是国际贸易中的非关税壁垒?A. 关税B. 配额C. 进口许可证D. 出口补贴答案:A8. 国际收支平衡表中,经常账户不包括以下哪项?A. 商品贸易B. 服务贸易C. 直接投资D. 转移支付答案:C9. 以下哪个不是国际货币体系的组成部分?A. 固定汇率制B. 浮动汇率制C. 黄金储备D. 国际货币基金组织答案:C10. 国际贸易中的“最惠国待遇”原则意味着:A. 所有国家都享有相同的贸易条件B. 贸易条件只能改善,不能恶化C. 每个国家只能与一个国家签订最惠国待遇D. 最惠国待遇是无条件的答案:B二、判断题(每题1分,共10分)1. 国际贸易中的“反倾销税”是针对低价倾销行为征收的一种特殊关税。
(对)2. 世界银行的主要职能是提供贷款和技术支持,以促进成员国的经济发展。
中考英语国际贸易单选题50题
中考英语国际贸易单选题50题1. In international trade, when a country sends goods to another country, it is called ______.A. importB. exportC. tradeD. deal答案:B。
解析:import表示进口,是一个国家从其他国家买入货物;export表示出口,即一个国家将货物送往其他国家,符合本题描述,所以选B;trade是贸易的统称,比较宽泛,没有具体指出是进口还是出口;deal更多表示交易,没有明确体现货物的流向,所以不选。
2. The ______ is a tax that is charged on goods when they are brought into a country.A. profitB. costC. tariffD. price答案:C。
解析:profit是利润,指在商业活动中赚取的钱;cost 是成本,包括生产、运输等花费;tariff是关税,就是货物进入一个国家时被征收的税,符合题意,所以选C;price是价格,指商品的售价,与关税概念不同。
3. When a company wants to sell its products in a foreign market, it needs to consider the local ______.A. languageB. cultureC. currencyD. all of the above答案:D。
解析:language语言,在国外市场销售产品时,语言不通可能影响销售;culture文化,不同的文化习俗会影响消费者对产品的接受度;currency货币,货币的不同会涉及到汇率等问题,影响定价和利润,这三个因素都需要考虑,所以选D。
4. Goods that are brought into a country are known as ______.A. exportsB. importsC. productsD. items答案:B。
外贸英语试题
外贸英语试题一、选择题1. What does the acronym FOB stand for in international trade?A. Free on BoardB. For Our BenefitC. First Out the BayD. Future of Business2. Which of the following documents is NOT required in an export transaction?A. Proforma invoiceB. Commercial invoiceC. Bill of ladingD. Customs declaration3. What does the Incoterm "CIF" stand for?A. Cost, Insurance, and FreightB. Cash in FullC. Customs Import FeeD. Carrier's International Fleet4. In international trade, what does the term "L/C" refer to?A. Long-term contractB. Low-cost shippingC. Letter of creditD. Landing certificate5. What is the purpose of a Certificate of Origin?A. To prove the authenticity of the productB. To declare the value of the goodsC. To calculate the import dutiesD. To track the shipping process二、填空题1. The World Trade Organization (WTO) was established in ______.2. ______ is a method of payment in international trade that involves immediate transfer of funds.3. The United Nations Commission on International Trade Law (UNCITRAL) promotes harmonization and unification of ______.4. In export documentation, the ______ is a legal contract between the exporter and the freight carrier.5. The ______ is the party responsible for arranging and paying for the transportation of goods in a CIF transaction.三、简答题1. What are the main advantages of using Incoterms in international trade?2. Explain the role of a freight forwarder in an export transaction.3. What is the purpose of a Bill of Lading and what information does it contain?4. What are the risks associated with using open account as a payment method?5. Briefly explain the role of a customs broker in import/export procedures.四、案例分析题You work for an export company that specializes in selling electronic products to overseas markets. Your company has received an order from a customer in Germany for 1,000 units of your latest smartphone model. The customer wants the goods to be delivered to their warehouse in Hamburg, Germany. They have requested the Incoterm to be DAP (Delivered at Place).1. Explain the responsibilities of the seller and the buyer in a DAP transaction.2. What export documentation will be required for this transaction?3. Discuss any potential risks or challenges that may arise in this export transaction and suggest ways to mitigate them.结束语以上就是外贸英语试题的内容,希望能够帮助你了解和掌握相关知识。
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.()。
外贸英语试题推荐及答案
外贸英语试题推荐及答案一、选择题(每题2分,共20分)1. The term "FOB" in international trade refers to:A. Free on BoardB. Free of BoardC. Freight on BoardD. Full of Board答案:A2. What does "CIF" stand for in international trade contracts?A. Cost, Insurance, and FreightB. Cost, Insurance, and FreightingC. Cost, Insurance, FreightD. Cost, Including Freight答案:A3. The abbreviation "L/C" is commonly used for:A. Letter of CreditB. Letter of ContractC. Letter of CommitmentD. Letter of Confirmation答案:A4. In a sales contract, "D/P" stands for:A. Document against PaymentB. Direct PaymentC. Discounted PaymentD. Due Payment答案:A5. The term "T/T" in international trade transactions usually means:A. Transfer of TitleB. Transfer of TradeC. Telegraphic TransferD. Trade Transfer答案:C6. Which of the following is not a type of international trade document?A. Commercial InvoiceB. Bill of LadingC. Certificate of OriginD. Passport答案:D7. The term "EXW" in international trade is known as:A. Ex WorksB. Ex WarehouseC. Exclusive WorksD. Export Works答案:A8. "CIP" in international trade is short for:A. Carriage and Insurance Paid toB. Carriage in ProgressC. Cost, Insurance, and PaymentD. Cost, Including Payment答案:A9. What does "FCA" stand for in international trade?A. Free CarrierB. Full Container atC. Freight Carrier AgreementD. Forwarding Contract Agreement答案:A10. The term "D/A" in international trade usually refers to:A. Document against AcceptanceB. Direct AcceptanceC. Discounted AcceptanceD. Due Acceptance答案:A二、填空题(每题1分,共10分)11. The most common method of payment in international trade is ______.答案:Letter of Credit (L/C)12. When a seller offers goods "FOB", the risk passes to thebuyer when the goods pass over the ______.答案:ship's rail13. "CIF" includes the cost of the goods, ______, and insurance.答案:freight14. A ______ is a document that provides evidence of the origin of goods.答案:Certificate of Origin15. "T/T" can be used for both international and domestic payments and is quick and convenient.答案:Telegraphic Transfer16. "D/P" requires the buyer to pay for the goods before receiving the ______.答案:documents17. "EXW" means that the seller makes the goods available to the buyer at their ______.答案:place of business18. "CIP" terms require the seller to arrange for ______ and insurance.答案:carriage19. "FCA" means that the seller fulfills their obligations when the goods are handed over to the ______.答案:first carrier20. "D/A" is a method of payment where the documents are released to the buyer upon ______ of the draft.答案:acceptance三、简答题(每题5分,共30分)21. Explain the difference between "FOB" and "CIF" terms in international trade.答案:"FOB" (Free on Board) terms mean that the seller's responsibility ends when the goods are loaded onto the ship, and the buyer bears all costs and risks from that point. "CIF" (Cost, Insurance, and Freight) terms include theseller's responsibility for the cost of the goods, freight to the agreed destination, and insurance.22. What are the advantages and disadvantages of using a Letter of Credit (L/C) in international trade?答案:Advantages include security for both the buyer and seller, as payment is guaranteed by a bank. Disadvantages include additional costs for bank fees and potential delays due to the time needed for bank processing.23. Describe the process of a Documentary Collection (D/P) in international trade.答案:In a Documentary Collection, the seller's bank forwards shipping documents to the buyer's bank, which then presents them to the buyer for payment. Once payment。
高二英语国 际贸易单选题40题
高二英语国际贸易单选题40题1.International trade mainly involves the exchange of goods and services between different _____.A.countriesB.citiesC.townsD.villages答案:A。
本题主要考查国际贸易的主体。
国际贸易主要是不同国家之间的商品和服务交换,所以答案是countries。
cities(城市)、towns(城镇)和villages(村庄)通常不是国际贸易的主要主体。
2.One of the important factors in international trade is _____.A.priceB.quantityC.qualityD.color答案:C。
在国际贸易中,质量是一个重要因素。
价格((price)、数量((quantity)和颜色((color)虽然也有影响,但质量往往是决定能否长期合作的关键。
3.International trade can bring many benefits, such as _____.A.increased productionB.lower pricesC.better quality productsD.all of the above答案:D。
国际贸易可以带来很多好处,包括增加生产、降低价格和提供更好质量的产品。
4.The term “tariff” in international trade refers to _____.A.a tax on imports or exportsB.a subsidy for exportsC.a bonus for importsD.a discount on exports答案:A。
“tariff”在国际贸易中指的是进出口关税。
补贴出口是subsidy for exports;进口奖金不是一个常见的国际贸易术语;出口折扣是discount on exports。
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。
外贸英语笔试题及答案
外贸英语笔试题及答案一、选择题(每题2分,共20分)1. The term "FOB" in international trade refers to:A. Free on BoardB. Free of BoardC. Free of CostD. Free of Charge答案:A2. What does "L/C" stand for in the context of international trade documents?A. Letter of CreditB. License to CarryC. Long-term ContractD. Local Currency答案:A3. In a sales contract, the "INCOTERMS" are used to clarify:A. The type of goodsB. The terms of paymentC. The responsibilities between buyer and sellerD. The mode of transportation答案:C4. Which of the following is NOT a type of internationalpayment method?A. Cash in advanceB. Letter of CreditC. ConsignmentD. Barter答案:C5. The abbreviation "CIF" stands for:A. Cost, Insurance, and FreightB. Cost, Insurance, and Freight to the PortC. Cost, Insurance, and Freight to the DestinationD. Cost, Insurance, and Freight excluding the Port答案:A6. When a company is "D/P", it means that the documents will be released:A. Upon paymentB. Upon arrival of the goodsC. Upon presentation of the goodsD. Upon signing of the contract答案:A7. The term "T/T" in international trade is short for:A. Trade TermsB. Transfer of TitleC. Telegraphic TransferD. Trade Transaction答案:C8. Which of the following is not a risk associated with international trade?A. Currency fluctuationB. Political instabilityC. Market demandD. Transportation delay答案:C9. The "B/L" in shipping documents refers to:A. Bill of LadingB. Bill of LoadingC. Bill of LandingD. Bill of Ledger答案:A10. The "EXW" term in international trade means that the seller is responsible for:A. Delivering the goods to the buyer's warehouseB. Preparing the goods for exportC. Delivering the goods at the seller's premisesD. Transporting the goods to the buyer's country答案:C二、填空题(每空1分,共10分)11. The most common form of payment in international trade is ________.答案:Letter of Credit12. When goods are sold "FOB", the risk passes to the buyer when the goods pass over the ________.答案:ship's rail13. The "CIP" term in international trade means that the seller covers the costs and freight necessary to bring the goods to the named ________ but the risk of loss or damage to the goods passes when the goods have been handed over to the first carrier.答案:destination14. An "L/C at sight" is payable ________.答案:immediately15. The "D/P" term stands for "Documents against Payment", which means that the documents will not be released until the ________ is made.答案:full payment16. The term "CFR" stands for "Cost and Freight" and it indicates that the seller's responsibility is to pay the costs and freight necessary to bring the goods to the port of ________.答案:destination17. The "FCA" term means that the seller has fulfilled their obligation when the goods have been delivered to the carrier or another person nominated by the ________.答案:buyer18. The "DAP" term stands for "Delivered at Place", which means that the seller has fulfilled their obligation to deliver when the goods are ready for unloading from the arriving means of transport at the named place of ________.答案:delivery19. The "FAS" term requires the seller to place the goods alongside the vessel at the named port of ________.答案:shipment20. The "DES" term means that the seller has fulfilled their obligation when the goods have been made available to the buyer, cleared for import, and placed at the disposal of the buyer at the named port of ________.答案:destination三、简答题(每题10分,共20分)21. What are the main differences between "FOB" and "CIF" terms in international trade?答案:The main differences between "FOB" (Free on Board) and "。
外贸笔试题及答案
外贸笔试题及答案一、选择题1. 以下哪个选项不是国际贸易术语(Incoterms)?A. EXWB. FOBC. CIFD. DDP答案:D2. 根据国际货币基金组织(IMF)的定义,以下哪个不是国际储备资产?A. 黄金储备B. 特别提款权(SDR)C. 外汇储备D. 股票答案:D二、填空题1. 在国际贸易中,_______是用于支付货款的一种信用工具。
答案:信用证2. 出口商在收到信用证后,应检查信用证的条款是否与_______一致。
答案:合同三、简答题1. 简述FOB和CIF两种贸易术语的主要区别。
答案:FOB(Free On Board,船上交货)是指卖方将货物交至船上,买方负责货物过船舷后的运输费用和风险。
CIF(Cost, Insuranceand Freight,成本加保险费加运费)则是指卖方负责货物运输到目的港的费用和保险费,但风险在货物过船舷时转移给买方。
2. 什么是信用证结算方式?其主要优点是什么?答案:信用证结算方式是指由银行出具的一种支付保证,承诺在满足信用证条款的情况下,向卖方支付货款。
其主要优点是为买卖双方提供了银行信用的保障,降低了交易风险。
四、案例分析题某外贸公司与外国客户签订了一份CIF合同,货物在运输途中因船只失火导致货物全损。
问:在此情况下,买方是否需要支付货款?答案:根据CIF贸易术语,卖方负责将货物运输到目的港的费用和保险费,但风险在货物过船舷时转移给买方。
因此,即使货物在运输途中全损,买方仍需支付货款。
五、论述题论述国际贸易中,如何有效防范汇率风险。
答案:有效防范汇率风险的方法包括:1. 使用固定汇率合同,锁定汇率;2. 采用货币互换协议;3. 利用远期合约进行套期保值;4. 采用多货币账户管理;5. 通过外汇期权进行风险对冲;6. 利用国际金融市场的衍生金融工具进行风险管理。
初三英语国际贸易单选题50题
初三英语国际贸易单选题50题1.International trade mainly involves the exchange of goods and services between different _____.A.countriespaniesC.peopleD.places答案:A。
本题考查国际贸易的主体。
国际贸易主要是不同国家之间的商品和服务交换,而不是公司、人或者单纯的地方。
B 选项公司在国际贸易中起到一定作用,但不是主要主体;C 选项人不是国际贸易主要涉及的主体;D 选项地方表述不准确。
2.Products that are exported to other countries are called _____.A.imported goodsB.exported goodsC.domestic goodsD.foreign goods答案:B。
本题考查国际贸易中的名词。
被出口到其他国家的产品叫做出口商品,A 选项是进口商品;C 选项是国内商品;D 选项是外国商品,但不是被出口的产品的特定称呼。
3.A company that engages in international trade is often called a(n) _____.A.local companyB.international companyC.domestic companyD.national company答案:B。
本题考查从事国际贸易的公司的称呼。
从事国际贸易的公司通常被称为国际公司。
A 选项本地公司范围太窄;C 选项国内公司不一定从事国际贸易;D 选项国家公司表述不准确。
4.The movement of goods and services across national borders is known as _____.A.domestic tradeB.international tradeC.local tradeD.regional trade答案:B。
外贸考试题及答案
外贸考试题及答案一、选择题(每题2分,共20分)1. 国际贸易中,FOB价格术语的含义是:A. 货物成本加保险费B. 货物成本加运费C. 离岸价D. 到岸价答案:C2. 以下哪个选项不是信用证支付方式的特点?A. 银行信用B. 独立性C. 无条件性D. 可转让性答案:C3. 根据《联合国国际货物销售合同公约》(CISG),以下哪项不是合同成立的必要条件?A. 要约B. 承诺C. 书面形式D. 要约和承诺答案:C二、填空题(每空1分,共10分)4. 国际贸易中,L/C是________的缩写,是一种支付保障方式。
答案:信用证5. 根据国际贸易术语解释通则(Incoterms),DDP表示________。
答案:Delivered Duty Paid(完税后交货)三、简答题(每题10分,共20分)6. 简述国际贸易中常用的几种贸易术语及其含义。
答案:- EXW(工厂交货):卖方将货物交给买方在工厂或仓库,买方负责从卖方地点提取货物并承担所有费用和风险。
- CIF(成本加保险费加运费):卖方必须承担货物运输到指定目的港的费用和风险,并为货物投保海运保险。
- DAP(目的地交货):卖方将货物运输到指定地点,并承担所有运输费用,但不负责卸货。
7. 描述信用证支付方式的操作流程。
答案:- 买方向其银行申请开立信用证。
- 银行审核后,向卖方银行发出信用证。
- 卖方收到信用证后,按照信用证条款发货。
- 卖方提交相关单据至银行,请求付款。
- 买方银行审核单据无误后,向卖方支付货款。
四、案例分析题(每题15分,共30分)8. 假设你是一家外贸公司的业务员,你的客户要求使用信用证作为支付方式。
请分析信用证支付方式对买卖双方的利弊。
答案:- 对卖方的利:确保收到货款,降低收汇风险。
- 对卖方的弊:可能面临银行费用,需要严格按照信用证条款执行。
- 对买方的利:确保货物与合同相符,降低货物风险。
- 对买方的弊:可能需要支付较高的银行费用,且在货物不符合合同时可能难以追索。
国际贸易 英文题 带详细解析
Tutorial 2: Questions for Topic 2 of Part I BSuggested AnswersChapter 3 Page 126:Questions: 1, 2,5 & 9Problems: 1, 3, 4 & 5Questions1. a. What are the five basic mechanisms for establishing exchange rates?A NSWER.The five basic mechanisms for establishing exchange rates are free float, managed float, target-zone arrangement, fixed-rate system, and the current hybrid system.b. How does each work?A NSWER.In a free float, exchange rates are determined by the interaction of currency supplies and demands. Under a system of managed floating, governments intervene actively in the foreign exchange market to smooth out exchange rate fluctuations in order to reduce the economic uncertainty associated with a free float. Under a target-zone arrangement, countries adjust their national economic policies to maintain their exchange rates within a specific margin around agreed-upon, fixed central exchange rates. Under a fixed-rate system, such as the Bretton Woods system, governments are committed to maintaining target exchange rates. Each central bank actively buys or sells its currency in the foreign exchange market whenever its exchange rate threatens to deviate from its stated par value by more than an agreed-on percentage. Currently, the international monetary system is a hybrid system, with major currencies floating on a managed basis, some currencies freely floating, and other currencies moving in and out of various types of pegged exchange rate relationships.c. What costs and benefits are associated with each mechanism?A NSWER.Benefits of a Floating Rate System. At the time floating rates were adopted in 1973, proponents said that the new system would reduce economic volatility and facilitate free trade. In particular, floating exchange rates would offset international differences in inflation rates so that trade, wages, employment, and output would not have to adjust. High-inflation countries would see their currencies depreciate, allowing their firms to stay competitive without having to cut wages or employment. At the same time, currency appreciation would not place firms in low-inflation countries at a competitive disadvantage. Real exchange rates would stabilize, even if permitted to float in principle, because the underlying conditions affecting trade and the relative productivity of capital would change only gradually; and if countries would coordinate their monetary policies to achieve a convergence of inflation rates, then nominal exchange rates would also stabilize. Another benefit is that–as Milton Friedman points out–with a floating exchange rate, there never has been a foreign exchange crisis. The reason is simple: The floating rate absorbs the pressures that would otherwise build up in countries that try to peg the exchange rate while simultaneously pursuing an independent monetary policy. Forexample, the Asian currency crisis did not spill over to Australia and New Zealand because the latter countries had floating exchange rates. A floating rate system can also act as a shock absorber to cushion real economic shocks that change the equilibrium exchange rate.Costs of a Floating Rate System. Many economists point to excessive volatility as a major cost of a floating rate system. The experience to date is that the dollar's ups and downs have had little to do with actual inflation and a lot to do with expectations of future government policies and economic conditions. Put another way, real exchange rate volatility has increased, not decreased, since floating began. This instability reflects, in part, nonmonetary (or real) shocks to the world economy, such as changing oil prices and shifting competitiveness among countries, but these real shocks were not obviously greater during the 1980s than they were in earlier periods. Instead, uncertainty over future government policies has increased.Benefits of a Managed Float. The potential benefit of a managed float is that governments can reduce the volatility associated with a freely floating exchange rate.Costs of a Managed Float.The costs of a managed float stem from the demonstrated inability of governments to recognize the difference between a temporary exchange rate disequilibrium and a permanent one. By trying to manage exchange rates when a permanent shift in the equilibrium exchange rate has occurred, governments run the risk of creating an exchange rate crisis and wasting reserves.Benefits of a Target Zone Arrangement. The experience with the European Monetary System is that the target zone arrangement in effect forced convergence of monetary policy to that of the country–Germany–with the most disciplined anti-inflation policy and led to low inflation.Costs of a Target Zone Arrangement.Maintaining a genuinely stable target zone arrangement requires the political will to direct fiscal and monetary policies at that goal and not at purely national ones. This turns out to be difficult for countries to achieve. In the case of the European Monetary System, the result was periodic currency crises. Another cost of this system is that fundamental changes in the equilibrium exchange rate cannot get reflected in actual exchange rate changes without a currency crisis occurring.Benefits of a Fixed Rate System. A permanently fixed exchange rate system–such as that achieved by a currency board, dollarization, or monetary union–results in currency stability and the absence of currency crises. In a system such as existed under Bretton Woods, where there is a commitment to a fixed exchange rate system, but no mechanism to bind that commitment, you will have more monetary discipline than in a freely floating system and hence lower inflation than might otherwise be the case.Costs of a Fixed Rate System. In a permanently fixed system, the exchange rate cannot cushion the effects of real economic shocks, such as devaluation of a major competitor’s currency. Instead, prices must adjust. Given the lack of flexibility of many prices–because of government regulations or union restrictions–the result of these economic shocks can be higher unemployment and less economic growth. In a system such as Bretton Woods, the result of changes in the equilibrium exchange rate willlikely be currency crises and eventual devaluation or revaluation.Benefits of a Hybrid System. The current system gives countries the option to select the system that best meets their needs. However, all too often, the decision is based on political rather than economic calculations.Costs of a Hybrid System. The costs of a hybrid system, such as the one currently in place, is that there is no constraint on the choices that governments can make. The resulting choices can be good ones or bad ones.d. Have exchange rate movements under the current system of managed floating been excessive?Explain.A NSWER.Excessive movements would indicate that there are profits to be earned by betting against the market. In effect, if currency fluctuations are excessive they would exhibit the phenomenon of overshooting (i.e., currency rates would overreact to economic events and then return to equilibrium). There is no evidence that one could profit by betting that rate movements are excessive.2. Find a recent example of a nation's foreign exchange market intervention and note what thegovernment's justification was. Does this justification make economic sense?A NSWER.Finding an example of foreign exchange market intervention by a government should be pretty easy to do. The trick will be to find a coherent statement of what the government's justification was. Most of these justifications make little or no economic sense.5. The experiences of fixed exchange-rate systems and target-zone arrangements have not beenentirely satisfactory.a. What lessons can economists draw from the breakdown of the Bretton Woods system?A NSWER.Adjusting monetary growth rates is the principal way to stabilize exchange rates. For example, raising the value of the dollar relative to the yen requires tightening U.S. monetary policy relative to Japanese monetary policy. The experience of Bretton Woods and similar experiments demonstrates that conscious and explicit coordination of monetary policies among sovereign authorities is difficult. The problem stems from the inability of sovereign authorities to coordinate their monetary growth rates. An agreement to stabilize the dollar at, say, 150 yen would be relatively easy if it did not entail interdependent monetary policies, robbing the Federal Reserve, or the Bank of Japan, or both, of important degrees of monetary freedom.Both Japan and the United States have their own targets for growth and inflation and their own independent assessment of the macroeconomic policies required to attain those targets. Except by coincidence, independent policies and preferences will not mesh at a stable exchange rate. Given clashing preferences, the only alternatives to the "chaos" of floating are:(1) One side persuades the other to change its policies;(2) One side subordinates its policies to those of the other; or(3) Both sides subordinate their monetary policies to an external mechanism, such as a goldstandard.Absent (3), "international monetary reform" is the search for new ways to implement (1) or (2), or some combination. We saw that Bretton Woods collapsed because the subordination it entailed was intolerable to the United State. That is, the United States refused to follow economic policies that would maintain the value of gold at $35 an ounce. The basic lesson from Bretton Woods, therefore, is that stabilizing exchange rates requires dependence and subordination, not the freedom for everybody to do their own thing. But instead of changing policies to stay with the Bretton Woods system, the major countries simply dropped the system.b. What lessons can economists draw from the exchange rate experiences of the European MonetarySystem?A NSWER.Exchange rate stability requires that monetary policies be coordinated and geared towards maintaining exchange rate parities. The slow progress of the European community with respect to the EMS and policy coordination exemplifies the difficulties of achieving agreements on the many facets of economic policymaking. Implementing target zones on a wider scale would be all the more difficult. Differences in preferences, policy objectives, and economic structures account in part for these difficulties. More fundamentally, however, coordination of macroeconomic policies will not necessarily benefit all participant countries equally, and those that benefit the most may not be willing to compensate those that benefit least. In the EMS, Germany is less inflation-prone than the other members and is reluctant to cooperate at the risk of increasing its inflation rate.Another lesson is that in target-zone arrangements such as the EMS, a disproportionately large share of the adjustment burden will fall on the "weak" currency countries. Countries with appreciating currencies, trade surpluses, and increasing reserves are less prone to adjust than countries with depreciating currencies, trade deficits, or reserve losses. The convergence of inflation rates among the EMS countries supports this view. An equal sharing of the adjustment burden implies that inflation rates among member nations would converge to the average rate.Germany, however, has maintained a domestic monetary target of low or zero inflation, and often has refused to alter domestic monetary policy because of exchange rate considerations. Because of Germany's economic importance, the other member countries have had to adjust their domestic policies or their exchange rates to remain competitive in international markets. As a result, inflation rates have tended to converge toward Germany's lower rate.9. Comment on the following statement: "With monetary union, the era of protection for Europeanfirms and workers has come to an end."A NSWER. As explained in the answer to the previous question, wage flexibility is a substitute, albeit an imperfect one, for exchange rate flexibility. If exchange rates can no longer adjust in response todomestic imbalances, then wages need to become more flexible to avoid an increase in the already high rate of European unemployment. But labor market institutions in Europe tend to impede such flexibility. Their very purpose is to protect those currently working from the pressure of the unemployed. Nobody loses his or her job, or is obliged to accept a wage cut, even though there is a large pool of unemployed who would be willing to work at a lower wage. Job protection schemes, minimum wages, and generous unemployment benefits make it possible for unions to negotiate wage increases that are largely independent of the state of the labor market. Market flexibility is also critical for adapting to economic shocks without the aid of exchange rate changes. If a country has high unemployment because of low demand for its products, it is essential in a monetary union for firms to be able to shift resources rapidly toward products with greater demand. But throughout Europe, state subsidies, costly regulations, insufficient competition, government monopolies, and barriers to entry slow the pace of adjustment. Monetary union will force governments and society to confront the prospect that maintaining the current generous social welfare state will force a substantial increase in their already high level of unemployment, but--because of the strict Maestricht fiscal criteria–without the possibility of more state aid to mitigate the suffering.Problems1. During the currency crisis of September 1992, the Bank of England borrowed DM 33 billion fromthe Bundesbank when a pound was worth DM 2.78 or $1.912. It sold these DM in the foreign exchange market for pounds in a futile attempt to prevent a devaluation of the pound. It repaid these DM at the post-crisis rate of DM 2.50:£1. By then, the dollar:pound exchange rate was $1.782:£1.a. By what percentage had the pound sterling devalued in the interim against the Deutsche mark?Against the dollar?A NSWER. During this period, the pound depreciated by 10.1% against the poundand by 6.8% against the dollarb. What was the cost of intervention to the Bank of England in pounds? In dollars?A NSWER.The Bank of England borrowed DM 33 billion and must repay DM 33 billion. When it borrowed these DM, the DM was worth £0.3597, valuing the loan at £11.87 billion (DM 33 billion x 0.3597). After devaluation, the DM was worth £0.4000. Hence, the Bank of England's cost of repayingthe DM loan was £13.20 billion (DM 33 billion x 0.4), a rise of £1.33 billion. Thus, the cost to the Bank of England of this DM borrowing and intervention was £1.33 billion.In dollar terms, intervention cost the Bank of England $825 million. This estimate is based on the difference of $0.025 between the DM's initial value of $0.6878 (1.912/2.78) and its ending value of $0.7128 (1/2.50) times the DM 33 billion borrowed and spent defending the pound. Specifically, the cost calculation is $0.025 x 33,000,000,000 = $825 million.3. A Dutch company exporting to France has FF 3 million due in 90 days. Suppose that the currentexchange rate is FF 1 = Dfl 0.3291.a. Under the exchange rate mechanism, and assuming central rates of FF 6.45863/ECU and Dfl2.16979/ECU, what is the central cross-exchange rate between the two currencies?A NSWER.Given central rates of DFl 2.16979:ECU and FF 6.45863:ECU for the Dutch guilder and French franc, respectively, the central cross rate between the two currencies is DFl 1 = FF 2.97662 (6.45863/2.16979). Equivalently, FF 1 = DFl 0.335952 (2.16979/6.45863).b. Based on the answer to part a, what is the most the Dutch company could lose on its French francreceivable, assuming that France and the Netherlands stick to the ERM with a 15% band on either side of their central cross rate?A NSWER.At worst, the French franc can fall by 15% relative to its central guilder cross rate, to a cross-exchange rate of FF 1 = DFl 0.285559 (0.335952 x 0.85). Since the current exchange rate is FF 1 = DFl 0.3291, the most the Dutch company can lose on its FF 3 million receivable is 3,000,000 x (0.3291 - 0.285559) = DFl 130,622.c. Redo part b, assuming the band was narrowed to 2.25%.A NSWER. If the band were narrowed to 2.25%, then the minimum value for the French franc would be DFl 0.328393 and the maximum loss that the Dutch company could sustain would be 3,000,000 x (0.3291 - 0.328393) = DFl 2,121.d. Redo part b, assuming you know nothing about the current cross-exchange rate.A NSWER. Knowing nothing about the current cross-exchange rate, the worst that could happen is that the cross rate would be at its upper bound of DFl 0.386345 (0.335952 x 1.15) and it falls to its lower bound of 0.285559 (established in the answer to part b). In this case, the maximum possible loss is 3,000,000 x (0.386345 - 0. 285559) = DFl 302,357.4. Panama adopted the U.S. dollar as its official paper money in 1904. There is currently about $400million to $500 million in U.S. dollars circulating in Panama. If interest rates on U.S. Treasury securities are 7%, what is the value of the seigniorage that Panama is forgoing by using the U.S.dollar instead of its own-issue money?A NSWER. Instead of using U.S. dollars as its currency in circulation, the Panamanian government could substitute its own currency and invest the $400 million to $500 million in U.S. Treasury securities. This policy would earn the Panamanian government $28 million to $35 million annually at the current 7% interest rate. Thus, the Panamanian government is foregoing seigniorage worth $28 million to $35 million annually. The present value of this seigniorage equals the amount of U.S. dollars in circulation, or $400 million ($28 million/.07) to $500 million ($35 million/.07).5. By some estimates, $185 billion to $260 billion in currency is held outside the United States.a. What is the value to the United States of the seigniorage associated with these overseas dollars ?Assume that dollar interest rates are about 6%.A NSWER. The annual value of seigniorage equals the foregone interest on the currency held outside the United States. Based on the numbers presented in the question, this annual value varies between $11.1 billion (0.06 x $185 billion) and $15.6 billion (0.06 x $260 billion). If this money stays overseas permanently, then the value of seigniorage is just equal to the amount of dollars held outside the United States, or $185 billion to $260 billion. In other words, the United States receives goods and services worth this amount of money from foreigners and paid for them with pieces of green paper that are never redeemed for U.S. goods and services.b. Who in the United States realizes this seigniorage?A NSWER. The U.S. government realizes this seigniorage. Who in the United States benefits from this seigniorage is an issue in political economy and depends what the government does with the money: cuts taxes, spends it (which raises the further question of on whom), uses it to reduce the deficit, etc.。
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 before 2. The commodities you offered are _________ line with the business scope of our clients.A outsideB out ofC outD without 3. We are arranging for n inspection tour of _________ the material was processed.A placeB the placeC whereD there 4. We are reconsidering those trade terms _______ might be adverse to the interest of our principals.A whatB thatC whenD where 5. 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 figure 6. 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 need 7. We give you on the attached sheet full details regarding packing and marking, which must be strictly ________.A observedB abide byC submittedD seen 8. We ______ to allow you a special discount if you increase your order to 5000 pairs.A have preparedB are prepareC are preparedD were prepared 9. 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 be 11. 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 expansion 12. 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 millions 13. We regret having to remind you that 30% of the freight is still ______.A ownedB owningC outstandingD understanding 16. It should be _______ if you could immediately ______ what quantity you can supply us at present.A thankful, adviseB appreciate, adviseC appreciated, adviseD appreciating, inform 17. We thank you for your e-mail of November 25 _______ your purchase of 10 M/T wild rice.A confirmB confirmingC to confirmD confirmed 18 Subject to satisfactory arrangements ______ terms and conditions, we should be pleased to act as your sole agent.A asB as perC as ifD as to 19. Our usual terms of payment are ____ L/C and we hope they will be satisfactory ____ you.A by, forB by, toC for, toD for, with 20. 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 that 21. We find that there is no stipulation of transshipment _____ in the relative L/C.A allowingB which allowsC which allowedD being allowed 22. After unpacking the case we found that the goods did not ______ with the original sample.A matchB come upC agreeD measure 23. 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 satisfied 24. It is necessary that an arbitration clause _______ in the contract.A will be includedB must be includedC be includedD has been included 25. 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。
国际贸易英语试题及答案
国际贸易英语试题及答案一、选择题(每题2分,共20分)1. What is the most common mode of international trade?A. BarterB. Cash on deliveryC. Letters of creditD. Countertrade2. Which of the following is not a type of documentary credit?A. Sight L/CB. Usance L/CC. Standby L/CD. Promissory note3. What does "FOB" stand for in international trade terms?A. Free on BoardB. Free of BoardC. Freight on BoardD. Freight or Board4. In a letter of credit transaction, who is responsible for the payment to the seller?A. The buyerB. The sellerC. The issuing bankD. The advising bank5. What is the meaning of "CIF" in international trade?A. Cost, Insurance, and FreightB. Cost, Insurance, and Freight to the PortC. Cost, Insurance, and Freight to the DestinationD. Cost, Insurance, and Freight to the Seller6. Which of the following is not a risk associated with international trade?A. Currency fluctuationB. Political instabilityC. Market demandD. Transportation delays7. What is the role of an export license in international trade?A. To authorize the export of goodsB. To guarantee the quality of goodsC. To provide insurance for the goodsD. To ensure the goods are not counterfeit8. What does "GSP" stand for?A. Generalized System of PreferencesB. Global System of PreferencesC. Government Sponsored ProgramD. Governmental Support Plan9. Which of the following is not a form of international trade agreement?A. Bilateral agreementB. Multilateral agreementC. Unilateral agreementD. Regional trade agreement10. What is the purpose of a bill of lading in international trade?A. To confirm the receipt of goodsB. To serve as a contract of carriageC. To provide insurance for the goodsD. To authorize the payment of goods二、填空题(每题1分,共10分)11. The term "DAP" in international trade refers to _________ (Delivered at Place).12. An _________ (International Chamber of Commerce) provides rules for international trade.13. The _________ (World Trade Organization) regulates international trade.14. A _________ (Letter of Credit) is a written commitment bya bank to pay a specified amount to the seller.15. The _________ (International Monetary Fund) provides financial assistance to member countries.16. The term "EXW" stands for _________ (Ex Works).17. The _________ (United Nations Conference on Trade and Development) promotes international trade.18. A _________ (Commercial Invoice) is a document issued by the seller to the buyer.19. The _________ (Harmonized Commodity Description and Coding System) is used for classifying goods for customs purposes.20. An _________ (Import License) is required to import certain types of goods into a country.三、简答题(每题5分,共30分)21. Explain the difference between a documentary collection and a documentary credit.22. What are the benefits of using a letter of credit in international trade?23. Describe the process of a typical international trade transaction involving a letter of credit.24. What are the main factors to consider when negotiating the terms of an international sales contract?四、案例分析题(每题15分,共30分)25. A company in China has agreed to sell goods to a buyer in the United States. The terms of the sale are FOB Shanghai. What are the responsibilities of the seller and the buyer under these terms?26. A buyer in Germany has received a shipment of goods froma seller in India. Upon inspection, the buyer finds that the goods are damaged. The terms of the sale were CIF Hamburg. What are the buyer's options and what should be the seller's response?五、论述题(每题10分,共10分)27. Discuss the impact of globalization on international trade and how it has changed the way businesses operate internationally.答案:一、选择题1-5 CADCA6-10 DABCA二、填空题11. Delivered at Place12. International Chamber of Commerce13. World Trade Organization14. Letter of Credit15. International Monetary Fund16. Ex Works17. United Nations Conference on Trade and Development18. Commercial Invoice19. Harmonized Commodity Description and Coding System20. Import License三、简答题21. A documentary collection involves the collection of payment for goods shipped, usually through a bank, while a documentary credit is a commitment by a bank to。
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。
国际贸易实务英文版练习题
SUPERB AIM (HONG KONG) LTD.WESTERN DISTRICT BILLS CENTER128 BONHAM STRAND E. H.KI.C.ISAACS & CO.,LTD.3840 BANK STREET,BALTIMORE, MARYLAND 21224,U.S.A.Dear Smith,We are very pleased to receive your inquiry of May 15th and enclose our illustrated catalogue and price list giving the details you ask for. Also by separate post we are sending you some samples and feel confident that when you have examined them you will agree that the goods are both excellent in quality and reasonable in price.On regular purchase in quantities of not less than 300 dozen of individual items we would allow you a discount of 2%. As to the payment terms, we do business on the basis of L/C.We invite your attention to our other products, details of which you will find in the catalogue, and look forward to receiving your first order.Your sincerelySUPERB AIM (HONG KONG) LTD.We thank you for your enquiry of September 10th and enclose our quotation for wall paper.1.We have made a good selection of patterns and sent them to you today by separate post.2.Their fine quality, attractive designs and the reasonable prices at which we offer them will convinceyou that these materials are really of good value.3.There is a heavy demand for our supplies from house furnishers in various districts and regions, whichwe are finding difficult to meet, but provided that we receive your order within the next ten days, we will make you a firm offer for delivery by the middle of December at the prices quoted.4.On orders for one hundred rolls or more we allow a special discount of 2%.5.We require payment by L/C to reach us one month before the time of shipment.6.We look forward to receiving your order.1.We should like to invite your Corporation to attend the 1997 International Fair which will be held from April 29 to May 4 at the above address. Full details on the Fair will be sent in a week. We look forward to hearing from you soon, and hope that you will be able to attend.2.Thank you for your letter informing us of Mr. Green’s visit during June 2-7. Unfortunately, Mr. Ed, our manager, is now in Cairo and will not be back until the second half of June. He would, however, be pleased to see Mr. Green any time after his return.We look forward to hearing from you.3.We are much concerned that your sales in recent months have fallen considerably. At first we thought this might be due to a slack market, but on looking into the matter more closely, we find that the general trend of trade during this period has been upwards.It is possible that you are facing difficulties of which we are not aware. If so, we would like to know what we can do to help. We, therefore, look forward to receiving from you a detailed report on the situation and suggestions as to how we may help in restoring our sales to their former level.4.Thank your for your letter of the 16th of this month. We shall be glad to enter into business relations with your company.In compliance with your request, we are sending you, under separate cover, our latest catalogue and price list covering our export range. Payment should be made by irrevocable and confirmed letter of credit. Should you wish to place an order, please telex or fax us.5.Thank you very much for your invitation to attend the 1997 International Fair. As we are going to open a repair shop in your city at that time, we are sorry that we shall not be able to come.We hope to see you on some future occasion.6.We would like to inform you that we act on a sole agency basis for a number of manufacturers. We specialize in finished cotton goods for the Middle Eastern market. Our activities cover all types of household linen. Until now, we have been working with your textiles department and our collaboration has proved to be mutually beneficial.Please refer to them for any information regarding our company. We are very interested in an exclusive arrangement with your factory for the promotion of your products in Bahrain. We look forward to your early reply.7.In reply to your letter of 21st November, We have pleasure in enclosing a detailed quotation for bathroom showers.Besides those advertised in the newspaper, our illustrated catalogue also enclosed shows various types of bathroom fittings and the sizes available. Most types can be supplied from stock. 45-60 days should be allowed for delivery of those marked with an asterisk.Building contractors in Hong Kong and Taiwan have found our equipment easy to install and attractive in appearance. Naturally all parts are replaceable, and our quotation includes prices of spare parts. We can allow a 2% discount on all orders of US$6,000 in value, and a 3%on orders exceeding US$20,000.Any orders you place with us will be processed promptly.8.I am a senior at the Department of Computer Science,Southeast University,expecting to graduate in July this year.I am writing to inquire about the possibility of being enrolled in your university as a graduate student of September,1994.In the past three years,I have majored in Computer Science.Presently,I am doing my graduation project.Enclosed is the transcript of all the subjects which I have so far completed at my university.I received an excellent score in the College English Test Band-Six(CET-6)sponsored by the Educational Commission of China and therefore my knowledge of English is adequate for me to continue my studies in the U.S.A.Please send me information on admission to your university.As I have no relatives in the U.S.A.,I would also like to know about the procedures for applying for financial aid.Thank you very much.I look forward to hearing from you soon.9.Thank you for your letter of March 20 inviting our corporation to participate in the 1997 International Fair. We are very pleased to accept and will plan to display our electrical appliances as we did in previous years.Mr. Li will be in your city from April 2 to 7 to make specific arrangements and would very much appreciate your assistance.10.Thank you for your fax of 17 January. We are extremely sorry to learn that an error was made in carton 13 of the above order.The missing 9,000 ball pens were sent this morning by Cathay Airways and the documents have already been forwarded you.We greatly regret the inconvenience caused by this and the previous two errors and offer ore sincere apologies. We can assure you that every effect will be made to ensure that similar errors do not occur again.11.We thank you for your fax of September 27, together with your orders G.697 and G.698. G.697 has been added to your Christmas order and G.698 is being made ready for immediate dispatch. We regret that we are still unable to supply "Luxury" champagne glasses, but we are sending you "Bliss", the alternative marked on your order.We were very gratified to learn of the success you are having with our glassware , and we shall be pleased to discuss your request for more favorable terms. When our representative, Mr. Zhao, calls on you in the new year, he will make you an offer which we feel sure will meet with your approval.We send you our warmest congratulations on your increased business with us and look forward to further increases to our mutual benefit.12.This is to confirm your telex of 16 January 2004, asking us to make you firm offers for rice and soybeans CFR Singapore.We telexed you this morning offering you 300 metric tons of polished rice at A$2,400 per metric ton, CFR Singapore,for shipment during March/April 2004. This offer is firm,subject to the receipt of your reply before 10 February 2004.Please note that we have quoted our most favorable price and are unable to entertain any counter offer. With regard to soybeans, we advise you that the few lots we have at present are under offer elsewhere. If,however, you were to make us a suitable offer, there is a possibility of our supplying them. As you know,of late, it has been a heavy demand for these commodities and this has resulted in increased prices. You may,however,take advantage of the strengthening market if you send an immediate reply.计算题1.中国大连粮油进出口公司对英出口罐头一万箱,每箱体积49cm*32cm*19cm。
基础英语(国贸)试卷含答案
基础英语(国贸)试卷含答案一、单选题(共49题,共98分)1.No discount will be granted_you place an order for more than1000dozen.A.ifB.unlessC.whetherD.but forABCD正确答案:B2.When_the contract,please include the arbitration clause.A.draftB.draftingC.to draftD.draftedABCD正确答案:B3.We have received news_that the wool market on your side is showing signs of recovery.A.to an effectB.to this effectC.to that effectD.to the effectABCD正确答案:A4.Please open your L/C immediately to facilitate_.A.our shipping arrangementB.for shipmentC.to arrange shipment to arrange shipmentABCD正确答案:A5._an order for100pieces or more,we allow a special discount of5%for payment by L/C.A.AtB.InC.OnD.FromABCD正确答案:C6.If you can improve your price by3%,we shall be prepared to_for5,000metric tons.A.book with you an orderB.book your orderC.be in the marketD.place a order with youABCD正确答案:B7.We suggest that you_our representative in Beijing for your requirements.A.will contactB.contactingC.contact withD.contactABCD正确答案:D8._crowded orders.we have sold out all the goods scheduled for shipment within this year.A.As a result ofB.In result ofC.With the result ofD.As result ofABCD正确答案:A9.Under no circumstances,_goods on their own account.A.the middlemen will buyB.will the middlemen buyC.the middlemen would buyD.will buy the middlemenABCD正确答案:B10.This agreement shall be cancelled in case the second party fails to sell the agreed quantity within six months.A.up toB.toC.atD.withABCD正确答案:A11.The goods under L/C No.1234left here_.A.in a good conditionB.in good conditionsC.in good conditionD.in the good conditionABCD正确答案:C12.Please see that such an_does not occur again.A.mistakeB.negligenceC.oversightD.carelessnessABCD正确答案:C13.Our clients asked us to bring down our prices because they consider them_.A.on the high sideB.out of line withC.are running highD.are running highABCD正确答案:A14.In case you can make a reduction_5%_your price,we may strike the deal with you.A.of,ofB.by,byC.of,inD.for,forABCD正确答案:C15.If business had been carried out to our satisfaction,we_to renew the Agency Agreement.A.had agreedB.already agreedC.shall agreeD.should have agreedABCD正确答案:D16._appreciating your order,we must point out that our prices have already been cut to a minimum.A.HowB.WhileC.Since we areD.AnywayABCD正确答案:B17.We could manage to arrange the shipment in August,subject to your L/C_us not later than July15.A.reachesB.being reachedC.reachingD.reachABCD正确答案:C18.We are sorry to find that the damage_the goods was caused by heavy rain during transportation.A.onB.forC.aboutD.toABCD正确答案:D19.Not until this morning_your L/C.We can_make shipment as stipulated in the contract.A.we receive,notB.we have received,neverC.did we receive,hardlyD.had we received,certainlyABCD正确答案:C20._we would like to assist you,we do not think there is room for a reduction in our price.A.EvenB.AsC.MuchD.Much asABCD正确答案:D21.According to UCP600,the confirming bank must negotiate and/or honor()A.if the issuing bank agrees to negotiate and/or honorB..if the applicant agrees to negotiate and/or honorC.if it has received a complying presentation from the presenterD.if the beneficiary has shipped the stipulated goods on timeABCD正确答案:C22.Under documentary collection,the draft must be()A.sight draftB.time draftC.banker’s draftD.banker’s draftABCD正确答案:D23.According to CISG,the international business person can()before the offer reaches the offeree.A.withdraw his/her offerB.revoke his/her offerC.withdraw his/her contractD.revoke his/her contractABCD正确答案:A24.According to UCP600,under L/C,the payer of the draft is().A.the buyerB.the advising bankC.the negotiating bankD..the issuing bankABCD正确答案:D25.If the CIF value in a international contract is USD9000000,and there isn’t any special terms and conditions about insurance,then according to INCOTERMS2000,the seller could insure the goods for().D9000000against FPAD10000000against WPAD9000000against WPAD9900000against TPNDABCD正确答案:B26.According to CISG,the acceptance can be submitted()A.in written formB.orallyC.in written form or be sent orallyABC正确答案:C27.In the following payment terms,()is the safest term to the seller.A.Payment against documents,at30days after sightB.Payment by T/T,at30days after arrival of goodsC.Payment against documents,at30days from the date of B/LD.Payment by acceptance L/C,at30days after sightABCD正确答案:D28.Under CFR contract,the goods are damaged during marine transport and the buyer suffers losses estimated at USD1000due to natural calamity,USD800due to fortuitous accidents,and USD2 000due to extraneous risks.If the buyer has insured the goods for USD1000000against WPA before shiment,then the insurer should pay()compensation to the buyer.D3800D1800D3000D2800ABCD正确答案:B29.In the following statements about loading and discharging charges 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.ABCD正确答案:C30.Counter sample is made by()which can help avoid disputes over the quality of goods in the future transaction.A.the buyerB.the sellerC.the carrierD.the offererABCD正确答案:B31.The more or less clause is a clause that stipulates that().A.the quantity delivered can be more or less within5percent.B.the quantity delivered can be more or less within10percentC.the quantity delivered can be more or less within3percentD.the quantity delivered can be more or less within certain extentABCD正确答案:D32.Sales by description and illustration is applicable to()most.A.wheatB.medical apparatusC.mineral oreD.ordinary stainless steel cupABCD正确答案:B33.Neutral packing is adopted to().A.prevent corrosion by acids or alkaliB.break tariff and non-tariff barriers of exporting countriesC.break tariff and non-tariff barriers of importing countriesD.A,B and C are all rightABCD正确答案:C34.Merchant vessels can be divided into liners and tramps,and to the owner of cargo,()proved to be a more convenient means of international cargo distribution.A.linersB..trampsC.none of themABC正确答案:A35._____is suggested that he his homework.A.It;finishedB.It;finishC.That;finishD.That;finishedABCD正确答案:B36.It was not until the beginning of the meeting_____he realized_____I told him was the only possible way to deal with the problem.A.that;whatB.what;thatC.when;whatD.when;thatABCD正确答案:A37.The population of China is larger than______of the United States.A.thisB.thatC.theseD.thoseABCD正确答案:B38.You may send me an e-mail or just give me a call.will do.A.NeitherB.EachC.AnyD.EitherABCD正确答案:D39.Christmas is___special holiday when____whole family are supposed to get together.A.the,theB.a,aC.the,aD.a,theABCD正确答案:D40.The accident was____his careless driving.A.due toB.becauseC.because ofD.Both A and CABCD正确答案:D41.After living there for one year,they have________there.A.accustomed to workingB.accustomed to workC.been accustomed to workingD.been accustomed to workABCD正确答案:C42.He lost his way in the forest,but he managed to get through it______.pletelyB.eventuallyC.quicklyD.automaticallyABCD正确答案:B43.----I_____to go for a walk.---But I_____going shopping.A.would like;feel likeB.feel like;feel likeC.feel like;would likeD.would like;would likeABCD正确答案:A44.With my money______,I went back home.A.ran out ofB.ran outC.running out ofD.running outABCD正确答案:D45.Tom kept quiet about the accident________lose his job.A.so not as toB.so as not toC.so as to notABCD正确答案:B46.Along with the letter was his promise_____he would visit me this coming Christmas.A.whichB.whatC.thatD.whetherABCD正确答案:C47.He’s got himself into a dangerous situation he is likely to be accused of meeting someone.A.whereB.whichC.whileD.whyABCD正确答案:A48.The students in the class were_____four groups before they started the game.A.divided intoB.separated intoC.divided fromD.separated fromABCD49.Only then______the importance of my health.A.I had realizedB.had I realizedC.I realizedD.did I realizeABCD正确答案:D二、判断题(共1题,共2分)50.According to INCOTERMS2000,under FOB contract,the buyerhas no obligation to contract for insurance and pay the insurance premium.正确错误正确答案:正确。
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 resultin g 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 ce i 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 ds can 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 factors both 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 ion such 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 b y the t abl e belo w.(8’)(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 for i mmiserizin g gro wth to be occur. (8’)3. Expl ain the ex chan 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。
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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。
特告知,我方客户对你样品的试用结果非常满意,但现在仍有些犹豫。
经与同类货物作仔细比较,我们发现你方报价有点高。
当前的洗发精(Shampoo)市场充斥着各种各样的品牌,象Rejoice, Pond's 等优质产品很容易买到。
而且这些品牌都已得到我地市场的认可。
就洗发精而言,很多消费者不愿接受新产品。
你方产品作为新品牌,最大的卖点将是它的护发(hair care)功能;质量上虽然已经达到客户要求,但要想在我地市场打开销路,必须还要具备价格优势,否则是很难与一些老牌产品竞争的。
鉴于此,我方客户建议将原报价减10%。
请考虑并作及时答复。
IV Fill in the contract form with information gathered from the following correspondences (15%)(1)Outgoing LetterBeijing, November 5, 1000Dear Sirs,Thank you for your enquiry of October 30 for Women's Nylon Garments. In compliance with your request, we have enclosed a price list and an illustrated brochure. Although we still have certain amount of stock we can hardly keep them for a long time because of the heavy demand. Samples will be sent on request. We are looking forward to our early reply. Yours faithfully,Beijing Garments Imp/Exp. Corporation(2)Incoming LetterDear sirs,Many thanks for your quotation of November 5 and the samples of Women's Nylon Garments. We are satisfied with the quality and pleased to enclose our Order NO. 333 for 3 sizes mentioned in your latest catalogue. We note that you can supply these items from stock and hope you will send them before December 31. Our company will reserve the right to cancel this order or reject the goods for any late arrival. For your reference, we with to effect payment by D/P 60 days. Please kindly let us have your confirmation. ORDERNO. 333Beijing Garments Imp/Exp. Corp.Beijing, ChinaPlease supply the following items:Quantity (Doz) Item Size Unit Price (Per doz) CIF London15 Women's Nylon Garments Small US$75.0016 ditto Medium US$110.0014 ditto Large US$150.00London Trading Co. Ltd.(3)Outgoing LetterDear Sirs,We've received your letter of November 13 and your Order No. 333. Much to our regret, we can hardly accept your order at the prices you bid since the prices of raw materials have increased recently. We're afraid the best we can do is as follows:Commodity Unit Price (Per doz) CIF London Size Quantity(doz)Woman`s Nylon Garments USD80.00 Small 15Woman`s Nylon Garments USD120.00 Medium 16Woman`s Nylon Garments USD160.00 Large 14As to payment terms, we usually require letters of credit. However, in view of our long and pleasant relations, we will accept D/P 60 days this time. But it must be clearly understood that, in so doing, we are not establishing a precedent. We hope you will accept our prices and give us a reply an soon as possible.Yours faithfully,(4)Incoming LetterDear Sirs,Your letter of November 20,1999 has been received. As we are anxious to finalize this transaction, we have been exerting ourselves to persuade our clients to accept your prices. Eventually, they have decided to accept. We are glad to have been able to conclude the business with you and await your sales confirmation.Yours faithfully,(5)Outgoing LetterDear Sirs,We're glad that your clients have accepted our prices, which are narrowly calculated. These goods will be packed in boxes of half dozen each and 10 dozen to a carton, and shipped in December from China port to London with transshipment and partial shipments allowed. Insurance is to be covered by us against ALL Risks and War Risk for 100% of the invoice value. Enclosed is our Sales Contract No.116 signed in Beijing on 28th November, 1999 in duplicate, a copy of which please sign and return.Yours faithfully,CONTRACTNo.______________SELLERS:BUYERS:This Contract is made by and between the Buyers and the Sellers, whereby the Buyers agree to buy and the Sellers agree to sell the under - mentioned commodity according to the terms and conditions stipulated below: Commodity Size Quantity (doz) Price per doz CIF London AmountTotal Value:Packing:Shipping Mark:Insurance:Time of Shipment:Port of Shipment:Port of Destination:Terms of Payment:Done and signed in on this day ofV. Write a letter in English asking for amendments to the following letter of credit by checking it with the given contract terms: (10%) Copenhagen BankDate: 4 January, 2000To: Bank of China, BeijingWe hereby open our Irrevocable Letter of Credit NO.112235 in favor of China Trading Corporation for account of Copenhagen Import Company up to an amount of GBP1,455,00 (Say Pounds Sterling One Thousand Four Hundred And Fifty - five Only) for 100% of the invoice value relative to the shipment of:150 metric tons of Writing Paper Type 501 at GBP97 per m/t CIF Copenhagen as per your S/C No. PO5476 from Copenhagen to China port. Drafts to be drawn at sight on our bank and accompanied by the following documents marked "X": (X)Commercial Invoice in triplicate(X) Bill of Lading in triplicate made out to our order quoting L/C No. 112235, marked FREIGHT COLLECT……(X) One original Marine Insurance Policy or Certificate for All Risks and War Risk, covering 110% of the invoice value, with claims payable in Copenhagen in the currency of draft(s) Partial shipments and transshipment are prohibited.Shipment must be effected not later than 31 March, 2000.This L/C is valid at our counter until 15 April 2000.附:PO5476号合同主要条款:卖方:中国贸易公司买方:哥本哈根进口公司商品名称:写字纸规格:501型数量:150公吨单价:CIF哥本哈根每公吨97英镑总值:14,550英镑装运期:2000年3月31日前自中国港口至哥本哈根保险:由卖方按发票金额的110%保一切险和战争险支付:不可撤销的即期信用证,于装运前1个月一到卖方,并于上述装运期后15天内在中国议付有效VI.Translate the following passages: (15%)1. From English into Chinese (5%)Discount means that sellers offer buyers a certain percentage of reduction on the original price. When competition in the market is fierce, discount will help to improve sellers' competitiveness. There are different kinds of discount, for example, quantity discount, seasonal discount and exceptional discount. The specific amount or percentage of discount varies in different situations. The percentage of discount can be clearly written down in a contract if the seller and the buyer have reached an agreement.The amount of discount is usually deducted from the buyers' payment.2. From Chinese into English: (10%)1)国际市场营销是重要的,因为世界已变成了一个全球化的场所,国际营销每日都在我们身旁发生,对我们的生活产生着深刻的影响。