国际贸易实务英语课后练习答案解析

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国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

Unit oneI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph:trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论 2)比较优势理论 3)国际劳动分工 4)要素禀赋理论 5)土地密集型产品 6)劳动密集型产品 7)资本密集新产品 8)获得优势 9)天然优势 10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

国际贸易实务双语教程(第三版)课后答案解析

国际贸易实务双语教程(第三版)课后答案解析

Unit 1 A brief introduction to international tradeKeyI. Answer my questions1. International trade is business whose activities involve the crossing of national borders. It includes not only international trade and foreign manufacturing but also encompasses the growing services industry in areas such as transportation, tourism, banking, advertising, construction, retailing, wholesaling, and mass communications. It includes all business transactions that involve two or more countries. Such business relationship may be private or governmental.2. Sales expansion, resource acquisition and diversification of sales and supplies.3. To gain profit.4. To seej out foreign markets and procurement.5. There are four major forms which are the following:Merchandise exports and Imports, Service Exports and Imports, Investment and Multinational Enterprise.6. It is the account which is a summary statement of the flow of all international economic and financial transactions between one nation (eg.the United States ) and the rest of the world over some period of time, usually one year.7. Merchandise Exporting and Importing.8. Yes. There are great differences between them.1) direct investment takes place when control follows the investment. It usually means high commitment of capital, personnel, and technology abroad. It aims at gaining of foreign resources and foreign markets. Direct investment may often get higher foreignsales than exporting. And sometimes it involves two or more parties.2) While portfolio investments are not under control. And they are used primarily for financial purposes. Treasures of companies, for example, routinely more funds from one country to another to get a higher yield on short term investments.9. MNE is the abbreviation of the multinational enterprise. Its synonyms are NNC (the multinational corporation) and TNC (transnational corporation).10. Examples are travel, transport, fee, royalties, dividends and interest.11. The choice of forms is influenced by the objective being pursued and the environments in which the company must operate.12. It is limited by the number of people interested in a firm’s products and services and by customers’ capacity to make purchase.13. This is because at an early stage of international involvement these operations usually take the least commitment and least risk of a firm’s resources.14. Royalties means the payment for use of assets from abroad, such as for trademarks patens, copyrights, or other expertise under contract known as licencing agreements.Royalties are also paid franchising.15. It is a way of doing business in which one party (the franchiser) the use ofa trademark that is an essential asset for the franchisers’ business.II Match each one on the left with its correct meaning on the right1. J2.A3.E4.B5.C6.D7.I8.G9.F 10.HIII Translate the following terms and phrases into Chinese1 购买力 11经济复苏;恢复2潜在销售量 12 经济衰退3加价,涨价 13间接投资4国内市场 14有形货物5制成品 15有形进出口6边际利润 16收入及支出;岁入及岁出7市场占有率 17超额能力8贸易歧视 18贸易中间人(商);经纪人9时机选择 19全部包建的工程承包方式10经销周期 20许可证协定IV Case Study1 [Answer]:Batteries called "white elephant" exported from China were very popular in Southeast Asia, because "white elephant" was a lucky thing in Southeast Asia, but no one was interested in it in the market of Europe and the United States. The boss of the company was very strange that the quality of the battery or the price of reasons, so he asked his staff to investigate. Finally he found that is the brand "white elephant" to be blame. The brand's name translated into English was "white elephant" which meant something were no use but cumbersome in Western countries. It was really a bad translation from culture information perspective. The meaning derived from a legend. According to the legend, there was a king who hated a minister, so he gave a white elephant to the minister for punishment. The minister has to take care of the white elephant,he couldn't give it to others or kill it because it's the king gave it to him. However, the appetite of the white elephant was so great, and the minister became poorer. So it showed people in western countries would not buy the battery for the consumers have no willing to buy something useless but cumbersome.V. OpenVI.Translate the following into English1. Trade is often the ‘engine’ of growt h. However oversimplified this metaphor may be, it does serve to underline the importance of foreign trade in the process of growth. A healthy expansion of exports may not always be sufficient condition for rapid and sustained growth, but a strong positive association between the two is clearly undeniable. Trade expansion contributes to economic growth in many ways. Among them are the benefits of specialization; the favorable effects of international competition on domestic economic efficiency; the increased capacity to pay for the imports required in development and more generally the stimulus to investment.2. International trade is the exchange of goods and services produced in one country for goods and services produced in another country. In addition to visible trade, which involves the import and export of goods and merchandise, there is also invisible trade, which involves the exchange of services between nations. Nations such as Greece and Norway have large maritime fleets and provide transportation service. This is a kind of invisible trade. Invisible trade can be as important to some nations as the export of raw materials or commodities is to others. In both cases, the nations earn the moneyto buy necessities.3. There exist different ways of conducting international business. Exclusive sale means the seller gives the overseas client the exclusive right of selling a particular product in a designated area within a specified period of time. In this kind of business transaction, the product is bought by the exclusive seller and therefore he should sell the product by himself, assuming sole responsibilities for his profit and loss. Exclusive sale is different from agency where only commission is involved. And difference exists between general contract and exclusive sales because the exclusive seller enjoys exclusive right in a particular area.4. There is no country in the world that can produce all the products it needs. Thus countries join in international division of labor for effective production and reproduction. Sometimes a country can buy goods and services from abroad on a barter basis. Barter means doing business by exchanging goods of one sort for goods of another sort without using money. Barter trade itself is not enough to meat a country’s imp ort needs. But as a form of international trade, it is still attractive in developing countries where foreign exchange is in short supply and inflow of foreign funds is far from sufficient to meet their obligations in external trade.Unit 2 General Procedures of Export and Import TransactionI. Answer the following questions(Omited)II. Filling the blanks with the suitable words in the text:1.meeting/satisfying;2.agent, foreign/overseas;mission;4.own;5.setting;6.patent;7.profits;8.outlets;9.joint, venture; 10.subsidiaryIII. J udge the following statement, mark True (T) or False(F)1F 2. T 3. F 4. F 5.F 6.F 7.T 8.F 9.F 10. TIV. Explain the meaning of the words or phrases below as requested1. Offer: An offer is a proposal made by sellers to buyers in order to enter into the contract.2. Withdrawal: It means an offer by the offerer has been withdrawn before it is reached to the offeree in order to prevent its entry into force.3. Enquiry: An enquiry is a request for business information, such as price lists, catalogue, samples, and details of the goods or trade terms. It can be made either by the importer or the exporter.4. Acceptance: Acceptance is a statement made by other conduct of the offerees indicating unconditional consent to an offer.5. Shipping agent: Shipping agent(船代)is a ship owner's representative whose job is to find the ships to carry.V. Compose a letter of enquiry with the following particulars:KeysMessrs. Arthur Grey & Son,19 Cheapside,London, E.C.2Dear Sirs,We have obtained your name and address from China Council for Promotion of InternationalTrade and learned that you are one of the leading exporters of Ice Box in your district.We are now interested in 100 sets of the said article and should be pleased if you would let us know whether you can supply us with the quantity and quality we desire. Please quote us your best price on CIF Guangzhou basis. When offering, please state clearly terms of payment, time of delivery, packing conditions together with illustrated catalogue for our consideration.We are looking forward to your early reply.Yours faithfully,VI. Please make your offer according to the following particulars:KeyDear Sirs,Thank you for your letter of 5th May. We are glad to learn of the inquiries you have had from your customers for our raincoats. Our "D.D." range is particularly suitable for warm climates, and during the past years we have supplied this range to dealers in several tropical countries, from many of whom we have already had repeated orders. This range is popular not only because it is light in weight, but also because the material used has been specially treated to prevent excessive condensation on the inside surface.For the quantities you mention we are pleased to quote as follows:"D.D." Raincoats100 men's medium @ US$14.50 US$ 1,450100 men's small 14.0 1,400100 women's medium 13.2 1,320100 women's small 12.7 1,270US$ 5,440Payment: by irrevocable L/C at sightShipment: Shipment will be effected within three or four weeks after receiving the L/C.This offer is subject to our final confirmation. We feel you may be interested in our other products and enclose some pamphlets for your reference.We are awaiting your early orders.Yours sincerely,VII. Write a counter-offer according to the following particulars:Keys:Dear Sirs,We thank you for your quotation May 10 for 1,000 sets of Hair IceBox. We find your price as well as delivery date satisfactory, however, we would give our suggestions of an alternation of your payment terms.Our past purchase of other household electrical appliances from you has been paidas a rule by confirmed, irrevocable letter of credit at sight. On the basis, it has indeed cost us a great deal. From the moment to open credit till the time our buyers pay us, the tie-up of our funds lasts about four months. Under the present circumstances, this question is particular taxing owing to the tight money condition and unprecedentedly high bank interests.In view of our long business relations and our amicable cooperation prospects, we suggest that you accept either “cash against documents on arrival of goods” or “drawing on us at 60 day’s sight”.Your first priority to the consideration of the above request and an early favorable reply will be highly appreciated.Yours sincerely,VIII. Translate the followings into English1). Economic activity began with the cavemen, who was economically self-sufficient. He did his own hunting, found his own shelter, and provided for his own needs. As primitive populations grew and developed, the principle of division of labor evolved. One person was more able to perform some activity than another, and therefore each person concentrated on what he did best. While one hunted, another fished. The hunter then traded his surplus to the fisherman, and each benefited from the variety of diet.In today’s complex economic world, neither individuals nor nations are self-sufficient nations are self-sufficient. Nations have utilized different economic resources; people have developed different skills. This is the foundation of international trade and economic activities.Foreign trade, the exchange of goods between nations, takes place for many reasons. The first, as mentioned above, is that no nation has all of the commodities than it needs. Raw materials are scattered around the world. Large deposits of copper are mined in Peru and Zaire, diamonds are mined in South Africa, and petroleum is recovered in Middle East. Countries that do not have these resources within their own boundaries must buy from countries that export them.Foreign trade also occurs because a country often does not have enough of a particular item to meet its needs. Although the United States is a major producer of sugar, it consumes more than it can produce internally and thus must import sugar.Third, one nation can sell some items at a lower cost than other countries. Japan has been able to export large quantities of radios and television sets because it can produce them more efficiently than other countries. It is cheaper for the United States to buy these from Japan than to produce them domestically.Finally, foreign trade takes place because of innovation or style. Even though the United States produces more automobiles than any other country, it still imports large quantities of autos from Germany, Japan and Sweden, primarily because there is a market for them in the United States.2). The different kinds of trade nations engaged in are varied and complex, a mixture of visible and invisible trade. Most nations are more dependent on exports than on any other activity. The earnings from exports pay for the imports that they need and want.A nation’s balance of payment is a record of these complex transactions. By reflecting all of these transactions in monetary terms , a nation is able to combine the income it receives, for example, from exports, tourists expenditures, and immigrantremittances. This combined incomes is then spent on such items as manufactured goods from other countries, travel for its citizens to other countries, and the hiring of construction engineers.IX. Case Study[Answer]:A 公司与B公司的第一封信函可视为发盘,在该发盘中A公司对包装做出了要求。

国际贸易实务英文版第二版课后习题答案解析

国际贸易实务英文版第二版课后习题答案解析

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

国际贸易实务英文版课后练习参考答案 (2)

国际贸易实务英文版课后练习参考答案 (2)

练习参考答案Chapter 1流动性过剩excess liquidity自给自足self-sufficient经济资源economic resources直接投资direct investment国际收支balance of payments易货交易barter6.Investment is used primarily as financial means for a company to earn more money on its money withrelative safety.Ⅴ1.International trade,is the fair and deliberate exchange of goods and /or services across national boundaries.It concerns trade operations of both import and export and includes the purchase and sale ofboth visible and invisible goods.2.In today’s complex economic world,neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons.As to the economic reasons,no nation has all of the economic resouces (land,labor and capital)that it needs to develop its economy and culture,and no country enjoys a particular item sufficient enough to meet its needs.As for the preferencereasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they needto do business with each other to make use of resources more efficiently and effectively.3.In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balanceof trade and balance of payments.4.FDI,the abbreviation form Foreign Direct Investment,means buying of permanentproperty and business in foreign nations.It occurs when acquisition of equity interest in a foreign company is made.The great significance of FDI for China might be that:FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure,national supporting industry,key projects,etc.“Buy local”rules 本地采购原则Ⅱ1.Protectionism means the deliberate use or encouragement of restrictions on imports to enable relativelyinefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。

国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

U n i t o n e I. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph: trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论2)比较优势理论3)国际劳动分工4)要素禀赋理论5)土地密集型产品6)劳动密集型产品7)资本密集新产品8)获得优势9)天然优势10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

国际贸易实务课后练习答案英文版

国际贸易实务课后练习答案英文版

What contents shoul d a contract embody?Sell er's and buyer's name.The name of commodity and unit price.Terms of d elivery.Payment terms.Delivery date.Insurance.Claim clause.Arbitration clause。

Force majeure clause.mImport license.mAmendments and suppl ements.Supersed e contract.Retirement right.Place of signing.Plain language.Different date formats.Units of measurement.Currency.Interpretation or translation.Signing of the contract.ually terms of trad e are stipulated in the trad e contract and cl early indicateboth parties responsibilities.√2.Claim and arbitration clause must be includ ed in the written contract.×3.Once signed, I need amendments and suppl ements to the present contractcoul d not be accepted.╳4. A firm offer must indicate that once it has been an conditionally Accept bythe offered within its validity,The offer is binding on both parties.√5.Written form of contract has a l ot of advantages in disputes. Resolving soevery contract shoul d be conducted in writing.×6.In most cases both the buyer and the seller will experience many runs of offerand counter offer before. Concluding a contract.√7.According to cIsgI offer, if it is irrevocabl e, may not be withdrawn if thewithdrawal reaches the offeree being or at the same time as the offer.×8.According to crsg,There are firm offer and non firm offer.×9. A firm offer should includ e at l east three specific conditions, name ofcommodity, quality of commodity and price of commodity.√10.The content of the offer can be ind efinite.×11.In reality.the quantity of goods shipped must be exactly the same with thatstipulated in the contract.×12.In terms of systems of ways and measures. China ad opts us system due to isbeing wid ely applied in the international trad e.×13.Packing can only serve as a form of protection.×14.Graceful night is often stipulated in the contract to indicate that the way ofthe lies valued products is cal culated by Gross weight.√15.The more or l ess cl ouds means that the quantity d elivered can be more or l esswithin certain extent.√Yes, the articl es had great changes in price at the time when d elivery is mad e. The sail or may stipulate that settlement for this part is based on the market price at the time. When the goods I shipped on board the vessel.错。

(完整版)国际贸易实务英文版第二版课后习题答案

(完整版)国际贸易实务英文版第二版课后习题答案

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

国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

UnitoneI.FindinthetexttheEnglishequivalentsforthefollowing:protectionismdomesticmarketinterferencedirectinvestmentrestrictionbefirstvoicedbydominatemercantilismconsumeoutflowofcurrencycurrencyportfolioinvestmentII.FillintheblankswithproperEnglishterms:1)Merchandiseexports2)Serviceexportsandimports3)Merchandiseimports4)Internationaltrade5)Directinvestment(FDI)6)PortfolioinvestmentIII.Chooseasuitablewordforeachoftheblanksinthefollowingparagraph:trade;liberalization;facilitate;competition;increasinglyV.(P10)TranslatethefollowingparagraphintoChinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和效劳的价值小于出口货物和效劳的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和效劳,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.GivetheChineseequivalentsforthefollowingEnglishterms:1)绝对优势理论2〕比拟优势理论3〕国际劳动分工4〕要素禀赋理论5〕土地密集型产品6〕劳动密集型产品7〕资本密集新产品8〕获得优势9〕天然优势10〕文化要素差异II.(p18-19)TranslatethefollowingsentencesintoChineseaccordingtothepatterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

英文版国际贸易实务2-7答案---精品管理资料

英文版国际贸易实务2-7答案---精品管理资料

国际贸易实务(英文版) International Trade Practice周瑞琪王小欧徐月芳编著Chapter twoIV. Short questions1. Who pays for loading for shipment under FOB?答:Seller.2. Who pays for unloading under CIF?答:Buyer。

3. Compare and contrast FOB,CFR and CIF?答:Similarities: a。

Seller's risk will be transferred to the buyer when the goods passthe ship's rail. b。

Seller is responsible for export customs formalities while buyer is responsible for import customs formalities. c. Buyer is responsible for unloading the goods at the port of destination. d. All three terms can only be used for waterway transportation. Differences:a. FOB requires the buyer to arrange and pay for the ocean transportation; CFR requires the seller to arrange and pay for the ocean transportation; CIF requires t he seller to arrange and pay for the ocean transportation and insurance against the buyer’s risk.4. What are the two types of trade terms concerning the transfer of risks?答:Shipment contract terms vs。

国际贸易实务双语教程(第三版)课后答案解析

国际贸易实务双语教程(第三版)课后答案解析

Unit 1 A brief introduction to international tradeKeyI. Answer my questions1. International trade is business whose activities involve the crossing of national borders. It includes not only international trade and foreign manufacturing but also encompasses the growing services industry in areas such as transportation, tourism, banking, advertising, construction, retailing, wholesaling, and mass communications. It includes all business transactions that involve two or more countries. Such business relationship may be private or governmental.2. Sales expansion, resource acquisition and diversification of sales and supplies.3. To gain profit.4. To seej out foreign markets and procurement.5. There are four major forms which are the following:Merchandise exports and Imports, Service Exports and Imports, Investment and Multinational Enterprise.6. It is the account which is a summary statement of the flow of all international economic and financial transactions between one nation (eg.the United States ) and the rest of the world over some period of time, usually one year.7. Merchandise Exporting and Importing.8. Yes. There are great differences between them.1) direct investment takes place when control follows the investment. It usually means high commitment of capital, personnel, and technology abroad. It aims at gaining of foreign resources and foreign markets. Direct investment may often get higher foreign sales than exporting. And sometimes it involves two or more parties.2) While portfolio investments are not under control. And they are used primarily for financialpurposes. Treasures of companies, for example, routinely more funds from one country to another to geta higher yield on short term investments.9. MNE is the abbreviation of the multinational enterprise. Its synonyms are NNC (the multinational corporation) and TNC (transnational corporation).10. Examples are travel, transport, fee, royalties, dividends and interest.11. The choice of forms is influenced by the objective being pursued and the environments in which the company must operate.12. It is limited by the number of people interested in a firm’s products and services and by customers’ capacity to make purchase.13. This is because at an early stage of international involvement these operations usually take the least commitment and least risk of a firm’s resources.14. Royalties means the payment for use of assets from abroad, such as for trademarks patens, copyrights, or other expertise under contract known as licencing agreements.Royalties are also paid franchising.15. It is a way of doing business in which one party (the franchiser) the use of a trademark that is an essential asset for the franchisers’ business.II Match each one on the left with its correct meaning on the right1. J2.A3.E4.B5.C6.D7.I8.G9.F 10.HIII Translate the following terms and phrases into Chinese1 购买力11经济复苏;恢复2潜在销售量12 经济衰退3加价,涨价13间接投资4国内市场14有形货物5制成品15有形进出口6边际利润16收入及支出;岁入及岁出7市场占有率17超额能力8贸易歧视18贸易中间人(商);经纪人9时机选择19全部包建的工程承包方式10经销周期20许可证协定IV Case Study1 [Answer]:Batteries called "white elephant" exported from China were very popular in Southeast Asia, because "white elephant" was a lucky thing in Southeast Asia, but no one was interested in it in the market of Europe and the United States. The boss of the company was very strange that the quality of the battery or the price of reasons, so he asked his staff to investigate. Finally he found that is the brand "white elephant" to be blame. The brand's name translated into English was "white elephant" which meant something were no use but cumbersome in Western countries. It was really a bad translation from culture information perspective. The meaning derived from a legend. According to the legend, there was a king who hated a minister, so he gave a white elephant to the minister for punishment. The minister has to take care of the white elephant, he couldn't give it to others or kill it because it's the king gave it to him. However, the appetite of the white elephant was so great, and the minister became poorer. So it showed people in western countries would not buy the battery for the consumers have no willing to buy something useless but cumbersome.V. OpenVI.Translate the following into English1. Trade is often the ‘engine’ of growt h. However oversimplified this metaphor may be, it does serve to underline the importance of foreign trade in the process of growth. A healthy expansion of exports may not always be sufficient condition for rapid and sustained growth, but a strong positive association between the two is clearly undeniable. Trade expansion contributes to economic growth in many ways. Among them are the benefits of specialization; the favorable effects of international competition on domestic economic efficiency; the increased capacity to pay for the imports required in development and more generally the stimulus to investment.2. International trade is the exchange of goods and services produced in one country for goods and services produced in another country. In addition to visible trade, which involves the import and export of goods and merchandise, there is also invisible trade, which involves the exchange of services between nations. Nations such as Greece and Norway have large maritime fleets and provide transportation service. This is a kind of invisible trade. Invisible trade can be as important to some nations as the export of raw materials or commodities is to others. In both cases, the nations earn the money to buy necessities.3. There exist different ways of conducting international business. Exclusive sale means the seller gives the overseas client the exclusive right of selling a particular product in a designated area within a specified period of time. In this kind of business transaction, the product is bought by the exclusive seller and therefore he should sell the product by himself, assuming sole responsibilities for his profit and loss. Exclusive sale is different from agency where only commission is involved. And difference exists between general contract and exclusive sales because the exclusive seller enjoys exclusive right in a particular area.4. There is no country in the world that can produce all the products it needs. Thus countries join in international division of labor for effective production and reproduction. Sometimes a country can buy goods and services from abroad on a barter basis. Barter means doing business by exchanging goods of one sort for goods of another sort without using money. Barter trade itself is not enough to meat a country’s imp ort needs. But as a form of international trade, it is still attractive in developing countries where foreign exchange is in short supply and inflow of foreign funds is far from sufficient to meet their obligations in external trade.Unit 2 General Procedures of Export and Import TransactionI. Answer the following questions(Omited)II. Filling the blanks with the suitable words in the text:1.meeting/satisfying;2.agent, foreign/overseas;mission;4.own;5.setting;6.patent;7.profits;8.outlets; 9.joint, venture; 10.subsidiaryIII. J udge the following statement, mark True (T) or False(F)1F 2. T 3. F 4. F 5.F 6.F 7.T 8.F 9.F 10. TIV. Explain the meaning of the words or phrases below as requested1. Offer: An offer is a proposal made by sellers to buyers in order to enter into the contract.2. Withdrawal: It means an offer by the offerer has been withdrawn before it is reached to the offeree in order to prevent its entry into force.3. Enquiry: An enquiry is a request for business information, such as price lists, catalogue, samples, and details of the goods or trade terms. It can be made either by the importer or the exporter.4. Acceptance: Acceptance is a statement made by other conduct of the offerees indicating unconditional consent toan offer.5. Shipping agent: Shipping agent(船代)is a ship owner's representative whose job is to find the ships to carry.V. Compose a letter of enquiry with the following particulars:KeysMessrs. Arthur Grey & Son,19 Cheapside,London, E.C.2Dear Sirs,We have obtained your name and address from China Council for Promotion of International Trade and learned that you are one of the leading exporters of Ice Box in your district.We are now interested in 100 sets of the said article and should be pleased if you would let us know whether you can supply us with the quantity and quality we desire. Please quote us your best price on CIF Guangzhou basis. When offering, please state clearly terms of payment, time of delivery, packing conditions together with illustrated catalogue for our consideration.We are looking forward to your early reply.Yours faithfully,KeyDear Sirs,Thank you for your letter of 5th May. We are glad to learn of the inquiries you have had from your customers for our raincoats. Our "D.D." range is particularly suitable for warm climates, and during the past years we have supplied this range to dealers in several tropical countries, from many of whom we have already had repeated orders. This range is popular not only because it is light in weight, but also because the material used has been specially treated to prevent excessive condensation on the inside surface.For the quantities you mention we are pleased to quote as follows:"D.D." Raincoats100 men's medium @ US$14.50 US$ 1,450100 men's small 14.0 1,400100 women's medium 13.2 1,320100 women's small 12.7 1,270US$ 5,440Payment: by irrevocable L/C at sightShipment: Shipment will be effected within three or four weeks after receiving the L/C.This offer is subject to our final confirmation. We feel you may be interested in our other products and enclose some pamphlets for your reference.We are awaiting your early orders.Yours sincerely,Keys:Dear Sirs,We thank you for your quotation May 10 for 1,000 sets of Hair IceBox. We find your price as well as delivery date satisfactory, however, we would give our suggestions of an alternation of your payment terms.Our past purchase of other household electrical appliances from you has been paid as a rule by confirmed, irrevocable letter of credit at sight. On the basis, it has indeed cost us a great deal. From the moment to open credit till the time our buyers pay us, the tie-up of our funds lasts about four months. Under the present circumstances, this question is particular taxing owing to the tight money condition and unprecedentedly high bank interests.In view of our long business relations and our amicable cooperation prospects, we suggest that you accept either “cash against documents on arrival of goods” or “drawing on us at 60 day’s sight”.Your first priority to the consideration of the above request and an early favorable reply will be highly appreciated.Yours sincerely,VIII. Translate the followings into English1). Economic activity began with the cavemen, who was economically self-sufficient. He did his own hunting, found his own shelter, and provided for his own needs. As primitive populations grew and developed, the principle of division of labor evolved. One person was more able to perform some activity than another, and therefore each person concentrated on what he did best. While one hunted, another fished. The hunter then traded his surplus to the fisherman, and each benefited from the variety of diet.In today’s complex economic world, neither individuals nor nations are self-sufficient nations are self-sufficient. Nations have utilized different economic resources; people have developed different skills. This is the foundation of international trade and economic activities.Foreign trade, the exchange of goods between nations, takes place for many reasons. The first, as mentioned above, is that no nation has all of the commodities than it needs. Raw materials are scattered around the world. Large deposits of copper are mined in Peru and Zaire, diamonds are mined in South Africa, and petroleum is recovered in Middle East. Countries that do not have these resources within their own boundaries must buy from countries that export them.Foreign trade also occurs because a country often does not have enough of a particular item to meet its needs. Although the United States is a major producer of sugar, it consumes more than it can produce internally and thus must import sugar.Third, one nation can sell some items at a lower cost than other countries. Japan has been able to export large quantities of radios and television sets because it can produce them more efficiently than other countries. It is cheaper for the United States to buy these from Japan than to produce them domestically.Finally, foreign trade takes place because of innovation or style. Even though the United States produces more automobiles than any other country, it still imports large quantities of autos from Germany, Japan and Sweden, primarily because there is a market for them in the United States.2). The different kinds of trade nations engaged in are varied and complex, a mixture of visible and invisible trade. Most nations are more dependent on exports than on any other activity. The earnings from exports pay for the imports that they need and want. A nation’s balance of payment is a record of these complex transactions. By reflecting all of these transactions in monetary terms , a nation is able to combine the income it receives, for example, from exports, tourists expenditures, and immigrantremittances. This combined incomes is then spent on such items as manufactured goods from other countries, travel for its citizens to other countries, and the hiring of construction engineers.IX. Case Study[Answer]:A 公司与B公司的第一封信函可视为发盘,在该发盘中A公司对包装做出了要求。

国际贸易实务课后练习答案英文版

国际贸易实务课后练习答案英文版

What contents shoul d a contract embody?Sell er's and buyer's name.The name of commodity and unit price.Terms of d elivery.Payment terms.Delivery date.Insurance.Claim clause.Arbitration clause。

Force majeure clause.mImport license.mAmendments and suppl ements.Supersed e contract.Retirement right.Place of signing.Plain language.Different date formats.Units of measurement.Currency.Interpretation or translation.Signing of the contract.ually terms of trad e are stipulated in the trad e contract and cl early indicateboth parties responsibilities.√2.Claim and arbitration clause must be includ ed in the written contract.×3.Once signed, I need amendments and suppl ements to the present contractcoul d not be accepted.╳4. A firm offer must indicate that once it has been an conditionally Accept bythe offered within its validity,The offer is binding on both parties.√5.Written form of contract has a l ot of advantages in disputes. Resolving soevery contract shoul d be conducted in writing.×6.In most cases both the buyer and the seller will experience many runs of offerand counter offer before. Concluding a contract.√7.According to cIsgI offer, if it is irrevocabl e, may not be withdrawn if thewithdrawal reaches the offeree being or at the same time as the offer.×8.According to crsg,There are firm offer and non firm offer.×9. A firm offer should includ e at l east three specific conditions, name ofcommodity, quality of commodity and price of commodity.√10.The content of the offer can be ind efinite.×11.In reality.the quantity of goods shipped must be exactly the same with thatstipulated in the contract.×12.In terms of systems of ways and measures. China ad opts us system due to isbeing wid ely applied in the international trad e.×13.Packing can only serve as a form of protection.×14.Graceful night is often stipulated in the contract to indicate that the way ofthe lies valued products is cal culated by Gross weight.√15.The more or l ess cl ouds means that the quantity d elivered can be more or l esswithin certain extent.√Yes, the articl es had great changes in price at the time when d elivery is mad e. The sail or may stipulate that settlement for this part is based on the market price at the time. When the goods I shipped on board the vessel.错。

国际贸易实务英文版课后练习题含答案

国际贸易实务英文版课后练习题含答案

国际贸易实务英文版课后练习题含答案Exercise 11.What is the difference between import and export? three commonly traded goods in international trade.3.What are trade barriers?4.List three advantages of international trade.5.What is the WTO and what is its purpose?Answers:1.Import refers to the purchase of goods or services fromanother country while export refers to the sale of goods orservices to another country.2.Examples of commonly traded goods in international tradeinclude oil, automobiles, and electronics.3.Trade barriers are government policies or regulations thatrestrict international trade, such as tariffs, quotas, andembargoes.4.Advantages of international trade include increased economicgrowth, access to a wider range of goods and services, andincreased competition which can lead to lower prices.5.The WTO, or World Trade Organization, is an internationalorganization that regulates and promotes international trade among member countries. Its purpose is to ensure that trade flowssmoothly, predictably, and freely as possible.Exercise 21.What is the difference between an open economy and a closedeconomy?2.What is a balance of trade? three factors that can influence a country’s balanceof trade.4.What is a trade deficit?5.What are the consequences of a trade deficit?Answers:1.An open economy is one that engages in international tradeand allows foreign investment while a closed economy is one that does not engage in international trade or allow foreign investment.2.Balance of trade refers to the difference between acountry’s exports and its imports during a specific time period.3.Factors that can influence a country’s balance of tradeinclude political stability, currency exchange rates, and trade policies such as tariffs and subsidies.4.A trade deficit occ urs when a country’s imports exceed itsexports.5.The consequences of a trade deficit can include a decreasein a country’s currency value, increased borrowing from foreign countries, and a loss of jobs in the domestic economy.Exercise 31.What is the difference between absolute advantage andcomparative advantage?2.Give an example of a country that has an absolute advantagein producing a specific good.3.What is the basis for comparative advantage?4.Expln the concept of opportunity cost and how it relates tocomparative advantage.5.How can a country benefit from specializing in theproduction of goods in which it has a comparative advantage? Answers:1.Absolute advantage exists when a country can produce a goodmore efficiently than another country while comparative advantage exists when a country can produce a good at a lower opportunity cost than another country.2.For example, Saudi Arabia has an absolute advantage inproducing oil due to its abundance of natural resources andadvanced technology.3.The basis for comparative advantage is the idea thatcountries should specialize in producing goods in which they havea lower opportunity cost compared to other goods.4.Opportunity cost refers to the value of the next bestalternative that is given up in order to pursue a particularaction. It relates to comparative advantage because a countryshould produce the goods in which it has a comparative advantage and trade for goods in which it does not have a comparativeadvantage.5.A country can benefit from specializing in the production ofgoods in which it has a comparative advantage by increasingefficiency and productivity, leading to lower costs and increased competitiveness in international trade.。

国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

U n i t o n eI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII.Fill in the blanks with proper English terms:1)Merchandise exports2)Service exports and imports3)Merchandise imports4)International trade5)Direct investment (FDI)6)Portfolio investmentIII.Choose a suitable word for each of the blanks in the following paragraph:trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈利或贸易顺差,是指该国目前入口货物和服务的价值小于出口货物和服务的价值。

在重商主义期间,这一差值经过转移黄金填补,可是在今日是经过拥有贸易赤字国家的钱币或以该国钱币表示的投资来填补。

本质上,盈利国家在赐予赤字国家信贷。

假如此种信贷最后不可以买回足够的货物和服务,所谓的贸易顺差结果本质上可能对盈利国家不利。

I.Give the Chinese equivalents for the following English terms:1)绝对优势理论 2 )比较优势理论 3 )国际劳动分工 4 )因素天赋理论 5 )土地密集型产品 6 )劳动密集型产品7 )资本密集新产品8 )获取优势9 )天然优势10 )文化因素差别II.(p18-19) Translate the following sentences into Chinese according tothe patterns:1.即便所有产品都拥有绝对优势的国家,因其一定放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

国际贸易实务英文版课后练习参考答案解析

国际贸易实务英文版课后练习参考答案解析

练习参考答案Chapter 1流动性过剩excess liquidity自给自足self-sufficient经济资源economic resources直接投资direct investment国际收支balance of payments易货交易barter出口退税export tax rebate倾销dumping出口型经济增长export-driven economic growth东道国host country贸易差额balance of trade贸易顺差/贸易逆差favorable /unfavorable balance of trade欧盟European Union国际收支顺差/国际收支逆差favorable /unfavorable balance of payments 有形贸易visible trade无形贸易invisible trade货物贸易trade in goods服务贸易trade in servicesⅢThe chart above shows the U.S.imports from China,U.S.exports to China and thetrade balance.The U.S.has a negative trade balance with China,and it has been growing.During the period from 1997 to 2003,imports from China have grown 244%while exports to China have grown 221%,indicating that the trade deficit is increasing.There had already been a sizeable trade balance deficit with China in 1996,totalling $39.5 billion at the end of the year.Ⅳ1.Export goods are tangible goods sent out of countries.2.Trade in services are international earnings other than those derived from the exporting and importing of tangible goods.3.Import goods are tangible goods brought in.4.International trade is all business transactions that involve two or more countries.5.FDI is one that gives the investor a controlling interest in a foreign company.6.Investment is used primarily as financial means for a company to earn more money on its money with relative safety.Ⅴ1.International trade,is the fair and deliberate exchange of goods and /or services across national boundaries.It concerns trade operations of both import and export and includes the purchase and sale of both visible and invisible goods.2.In today’s complex economic world,neither individuals nor nations areself-sufficient.Nations participate in the international trade for many reasons.As to the economic reasons,no nation has all of the economic resouces (land,labor andcapital)that it needs to develop its economy and culture,and no country enjoys a particular item sufficient enough to meet its needs.As for the preference reasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3.In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balance of trade and balance of payments.4.FDI,the abbreviation form Foreign Direct Investment,means buying of permanentproperty and business in foreign nations.It occurs when acquisition of equity interest in aforeign company is made.The great significance of FDI for China might be that:FDI solve the problem of capital shortage for China so that China may spend the money on importing advanced equipment and technologies for its infrastructure,national supporting industry,key projects,etc.Chapter 2关税壁垒tariff barriers非关税壁垒non-tariff barriers从量税specific duties配额quota保护性关税protective tariff市场失灵market failure幼稚产业infant industry许可证制度licensing system财政关税revenue tariff政府采购government procurement贸易保护主义trade protectionism从价税Ad valorem Duties最低限价floor price本地采购规则“buy local”rules增加需raise domestic demandDomestic content 国含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额Zero quota 零配额“Buy local”rules 本地采购原则Ⅱ1.Protectionism means the deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。

英文版国际贸易实务2-7答案

英文版国际贸易实务2-7答案

英文版国际贸易实务2-7答案英文版国际贸易实务2-7答案国际贸易实务(英文版)internationalTradePractice周瑞琪王小欧徐月芳编著chaptertwoiV.Shortquestions1.whopaysforloadingforshipmentunderFoB?答:Seller.2.whopaysforunloadingunderciF?答:Buyer.pareandcontrastFoB,cFRandciF?答:Similarities:a.Seller’sriskwillbetransferredtothebuyerwhenthegoodspasstheship’srail.b.Sellerisresponsibleforexportcustomsformalitieswhilebuyerisrespon sibleforimportcustomsformalities.c.Buyerisresponsibleforunloadingthego odsattheportofdestination.d.allthreetermscanonlybeusedforwaterwaytrans portation.differences:a.FoBrequiresthebuyertoarrangeandpayfortheoceant ransportation; cFRrequiresthesellertoarrangeandpayfortheoceantransportation; ciFrequiresthesellertoarrangeandpayfortheoceantransportationandinsuranceagainstthebuyer’srisk.4.whatarethetwotypesoftradetermsconcerningthetransferofrisks?答:Shipmentcontracttermsvs.arrivalcontractterms.Undershipmentcontractter msseller’sriskwillbetransferredtothebuyerbeforethegoodsdepartfromtheplace/portof shipment.Underarrivalcontracttermssellerwillbeartheriskofthegoodsuntilt hegoodsarrivethedestination.5.whatarethedifferencesandsimilaritiesbetweencPTandcFR?答:majorsimilarities:a.sellershouldcontractandpayforthemajorcarriage.b. Sellerisnottakingtheriskoflossordamagetothegoodsduringthetransportation .difference:a.cPTisapplicabletoanykindoftransportationmodewhilecFRiso nlyusedforwaterwaytransport.b.UndercPTseller’sriskwillbetransferredtothebuyerwhenthegoodsarehandedovertothefirstcar riernominatedbyseller.UndercFRseller’sriskwillbetransferredwhenthegoodspassovertheship’srail.6.whatarethedifferencesandsimilaritiesbetweenciPandciF?答:majorsimilarities:a.sellershouldcontractandpayforthemajorcarriage.b. Sellerisnottakingtheriskoflossordamagetothegoodsduringthetransportation .c.Sellermustobtaininsuranceagainstbuyer’srisk.difference:a.cPTisapplicabletoanykindoftransportationmodewhilecF Risonlyusedforwaterwaytransport.b.UndercPTseller’sriskwillbetransferredtothebuyerwhenthegoodsarehandedovertothefirstcar riernominatedbyseller.UndercFRseller’sriskwillbetransferredwhenthegoodspassovertheship’srail.7.ifyoutradewithanamerican,isthesalescontractsubjecttoincotermswithouta nydoubt?whatshouldyoudo?答:no.TheRevisedamericanForeignTradedefinitions1941isstillinuse, especiallyamongthenorthamericanarea.ithasdifferentinterpretationaboutso metradeterms.Thetradersshouldclarifythechoiceofrulesbeforeanyfurtherdi scussion.8.whatarethemostcommonlyusedtradeterms?答:FoB,cFR&ciF.9.whoisresponsibleforcarryingoutcustomsformalitiesforexportsunderanFo Bcontract?答:Seller.accordingtoincoterms2000,exceptEXwandddPthesetwoterms,all theothereleventermsrequirethesellertohandletheexportcustomsformalities, whilebuyertheimportcustomsformalities.10.ifachinesetradersignsaFoBHamburgcontract,isheexportingorimporting?答:import ing.FoBshouldbeusedwitha―namedportofshipment‖,ifHamburgistheportofshipment,fromthechinesetrader’sperspective,heisimporting. V.caseStudies1.anFoBcontractstipulated,”Theshipmentwillbeeffectedinmarch20XX.ifth evesselfailstoarriveattheportofshipmentontime,theselleragreestosetasidethe goodsforadditional27days,andthebuyerwillbearallcostsofdelay.”itturnedoutthatundertheseller'srepeatedrequests,thevesselnamedbyth ebuyerfinallyarrivedattheportofshipmentonmay1.asaresult,thesellerrefuse dtomaketheshipment.(1)wasthesellerentitledtocompensationforthewarehouserent,insuranceand interestduetothedelay?(2)ifthesellerhadsoldthegoodstoathirdpartyonapril25,shouldthebuyer payforthedelay?(3)ifthesellerhadsoldthegoodstoathirdpartyonmay1withabetterprice, washeentitledtoanycompensation?析:a案例中提到―shipmentwillbeeffectedinmarch20XX‖,这种确定装运时间的方式允许在整个3月份期间的任何时间进行装运。

国际贸易实务英文版课后练习答案

国际贸易实务英文版课后练习答案

练习参考答案Chapter 1流动性过剩excess liquidity自给自足self-sufficient经济资源economic resources直接投资direct investment国际收支balance of payments易货交易barter出口退税export tax rebate倾销dumping出口型经济增长export-driven economic growth东道国host country贸易差额balance of trade贸易顺差/贸易逆差favorable /unfavorable balance of trade欧盟European Union国际收支顺差/国际收支逆差favorable /unfavorable balance of payments 有形贸易visible trade无形贸易invisible trade货物贸易trade in goods效劳贸易trade in servicesⅢThe chart above shows the U.S.imports from China,U.S.exports to China and thetrade balance.The U.S.has a negative trade balance with China,and it has been growing. During the period from 1997 to 2003,imports from China have grown 244%while exports toChina have grown 221%,indicating that the trade deficit is increasing.There had alreadybeen a sizeable trade balance deficit with China in 1996,totalling $39.5 billion at the end of theyear.Ⅳ1.Export goods are tangible goods sent out of countries.2.Trade in services are international earnings other than those derived from the exporting andimporting of tangible goods.3.Import goods are tangible goods brought in.4.International trade is all business transactions that involve two or more countries.5.FDI is one that gives the investor a controlling interest in a foreign pany.6.Investment is used primarily as financial means for a pany to earn more money on itsmoney with relative safety.Ⅴ1.International trade,is the fair and deliberate exchange of goods and /or services acrossnational boundaries.It concerns trade operations of both import and export and includesthe purchase and sale of both visible and invisible goods.2.In today’s plex economic world,neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons.As to the economicreasons,no nation has all of the economic resouces 〔land,labor and capital〕that it needsto develop its economy and culture,and no country enjoys a particular itemsufficientenough to meet its needs.As for the preference reasons,international trade takes placebecause of innovation of style.Besides,every nation can specialize in a certain field andenjoy a parative advantage in some particular area in terms of trade so that they needto do business with each other to make use of resources more efficiently and effectively.3.In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balance of trade and balance of payments.4.FDI,the abbreviation form Foreign Direct Investment,means buying of permanent property and business in foreign nations.It occurs when acquisition of equity interest in a foreign pany is made.The great significance of FDI for China might be that:FDIsolve the problem of capital shortage for China so that China may spend the money onimporting advanced equipment and technologies for its infrastructure,national supportingindustry,key projects,etc.Chapter 2关税壁垒tariff barriers非关税壁垒non-tariff barriers从量税specific duties配额quota保护性关税protective tariff市场失灵market failure幼稚产业infant industry许可证制度licensing system财政关税revenue tariff政府采购government procurement贸易保护主义trade protectionism从价税Ad valorem Duties最低限价floor price本地采购规那么“buy local〞rules增加需raise domestic demandDomestic content 国含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额Zero quota 零配额“Buy local〞rules 本地采购原那么Ⅱ1.Protectionism means the deliberate use or encouragement of restrictions on imports toenable relatively inefficient domestic producers to pete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。

国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

U n i t o n eI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph: trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论2)比较优势理论3)国际劳动分工4)要素禀赋理论5)土地密集型产品6)劳动密集型产品7)资本密集新产品8)获得优势9)天然优势10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

国际贸易实务英文版参考答案完整版

国际贸易实务英文版参考答案完整版

国际贸易实务英文版参考答案标准化管理处编码[BBX968T-XBB8968-NNJ668-MM9N]C h a p t e r1 I.YES,Pleaserefertothe1stparagraphofthetext.II.流动性过剩自给自足经济资源直接投资国际收支易货交易出口退税倾销出口型经济增长东道国贸易差额贸易顺差/贸易逆差欧盟国际收支顺差/国际收支逆差有形贸易无形贸易货物贸易服务贸易excessliquidityself-sufficient economicresourcesdirectinvestmentbalanceofpaymentsbarter exporttaxrebatedumpingexport-driveneconomicgrowthhostcountrybalanceoftradefavorable/unfavorablebalanceoftradeEuropeanUnionfavorable/unfavorablebalanceofpaymentsvisibletradeinvisibletradetradeingoodstr adeinservicesIIIThechartaboveshowstheU.S.importsfromChina,U.S.exportstoChinaandthetradebalance .TheU.S.hasanegativetradebalancewithChina,andithasbeengrowing.Duringtheperiodfrom1997to2003,importsfromChinahavegrown244%whileexportstoChinahavegrown221%,in dicatingthatthetradedeficitisincreasing.Therehadalreadybeenasizeabletradebalan cedeficitwithChinain1996,totaling$billionattheendoftheyear.IV1.Exportgoodsaretangiblegoodssentoutofcountries.2.Tradeinservicesareinternationalearningsotherthanthosederivedfromtheexporting andimportingoftangiblegoods.3.Importgoodsaretangiblegoodsbroughtin.4.Internationaltradeisallbusinesstransactionsthatinvolvetwoormorecountries.5.F DIisonethatgivestheinvestoracontrollinginterestinaforeigncompany.6.Investmentisusedprimarilyasfinancialmeansforacompanytoearnmoremoneyonitsmone ywithrelativesafety.V1.Internationaltradeisthefairanddeliberateexchangeofgoodsand/orservicesacrossn ationalboundaries.Itconcernstradeoperationsofbothimportandexportandincludesthe purchaseandsaleofbothvisibleandinvisiblegoods.2.Intoday'scomplexeconomicworld,neitherindividualsnornationsareself-sufficient.Nationsparticipateintheinternationaltradeformanyreasons.Astotheecon omicreasons,nonationhasalloftheeconomicresources(land,laborandcapital)thatitne edstodevelopitseconomyandculture,andnocountryenjoysaparticularitemsufficienten oughtomeetitsneeds.Asforthepreferencereasons,internationaltradetakesplacebecauseofinnovationofstyle.Besides,everynationcanspecializeinacertainfieldandenjoya comparativeadvantageinsomeparticularareaintermsoftradesothattheyneedtodobusine sswitheachothertomakeuseofresourcesmoreefficientlyandeffectively.3.Inmeasuringtheeffectivenessofglobaltrade,nationscarefullyfollowtwokeyindicat ors,namely,balanceoftradeandbalanceofpayments.4.FDI,theabbreviationformForeignDirectInvestment,meansbuyingofpermanentpropert yandbusinessinforeignnations.Itoccurswhenacquisitionofequityinterestinaforeign companyistrade.ThegreatsignificanceofFDIforChinamightbethat:FDIsolvetheproblem ofcapitalshortageforChinasothatChinamayspendthemoneyonimportingadvancedequipme ntandtechnologiesforitsinfrastructure,nationalsupportingindustry,keyprojects,e tc.Chapter2I关税壁垒非关税壁垒从量税配额保护性关税市场失灵幼稚产业许可证制度财政关税政府采购贸易保护主义从价税最低限价本地采购规则增加内需DomesticcontentRed-tapebarriersExportsubsidiesBindingquotaAbsolutequotasVER Tariff-ratequotasZeroquota"Buylocal"rulesTariffbarriersnon-tariffbarriersspecificdutiesquotaprotectivetariffmarketfailureinfantindustrylicensingsystemRevenuetariff governmentprocurementtradeprotectionismAdValoremDutiesfloorprice "buylocal"rulesraisedomesticdemand国内含量进口环节壁垒出口补贴绑定配额绝对配额自愿出口限制关税配额零配额本地采购原则II1.Protectionismmeansthedeliberateuseorencouragementofrestrictionsonimportstoen ablerelativelyinefficientdomesticproducerstocompetesuccessfullywithforeignprod ucers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。

国际贸易实务英语课后练习答案

国际贸易实务英语课后练习答案

U n i t o n e I. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph: trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论2)比较优势理论3)国际劳动分工4)要素禀赋理论5)土地密集型产品6)劳动密集型产品7)资本密集新产品8)获得优势9)天然优势10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

国际贸易实务英文版课后练习答案

国际贸易实务英文版课后练习答案

练习参考答案Chapter 1流动性过剩excess liquidity自给自足self-sufficient经济资源economic resources直接投资direct investment国际收支balance of payments易货交易barter出口退税export tax rebate倾销dumping出口型经济增长export-driven economic growth东道国host country贸易差额balance of trade贸易顺差/贸易逆差favorable /unfavorable balance of trade欧盟European Union国际收支顺差/国际收支逆差favorable /unfavorable balance of payments 有形贸易visible trade无形贸易invisible trade货物贸易trade in goods效劳贸易trade in servicesⅢThe chart above shows the U.S.imports from China,U.S.exports to China and thetrade balance.The U.S.has a negative trade balance with China,and it has been growing. During the period from 1997 to 2003,imports from China have grown 244%while exports toChina have grown 221%,indicating that the trade deficit is increasing.There had alreadybeen a sizeable trade balance deficit with China in 1996,totalling $39.5 billion at the end of theyear.Ⅳ1.Export goods are tangible goods sent out of countries.2.Trade in services are international earnings other than those derived from the exporting andimporting of tangible goods.3.Import goods are tangible goods brought in.4.International trade is all business transactions that involve two or more countries.5.FDI is one that gives the investor a controlling interest in a foreign pany.6.Investment is used primarily as financial means for a pany to earn more money on itsmoney with relative safety.Ⅴ1.International trade,is the fair and deliberate exchange of goods and /or services acrossnational boundaries.It concerns trade operations of both import and export and includesthe purchase and sale of both visible and invisible goods.2.In today’s plex economic world,neither individuals nor nations are self-sufficient. Nations participate in the international trade for many reasons.As to the economicreasons,no nation has all of the economic resouces 〔land,labor and capital〕that it needsto develop its economy and culture,and no country enjoys a particular itemsufficientenough to meet its needs.As for the preference reasons,international trade takes placebecause of innovation of style.Besides,every nation can specialize in a certain field andenjoy a parative advantage in some particular area in terms of trade so that they needto do business with each other to make use of resources more efficiently and effectively.3.In measuring the effectiveness of global trade,nations carefully follow two key indicators,namely,balance of trade and balance of payments.4.FDI,the abbreviation form Foreign Direct Investment,means buying of permanent property and business in foreign nations.It occurs when acquisition of equity interest in a foreign pany is made.The great significance of FDI for China might be that:FDIsolve the problem of capital shortage for China so that China may spend the money onimporting advanced equipment and technologies for its infrastructure,national supportingindustry,key projects,etc.Chapter 2关税壁垒tariff barriers非关税壁垒non-tariff barriers从量税specific duties配额quota保护性关税protective tariff市场失灵market failure幼稚产业infant industry许可证制度licensing system财政关税revenue tariff政府采购government procurement贸易保护主义trade protectionism从价税Ad valorem Duties最低限价floor price本地采购规那么“buy local〞rules增加需raise domestic demandDomestic content 国含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额Zero quota 零配额“Buy local〞rules 本地采购原那么Ⅱ1.Protectionism means the deliberate use or encouragement of restrictions on imports toenable relatively inefficient domestic producers to pete successfully with foreign producers.保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。

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Unit oneI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph: trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。

在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。

实质上,盈余国家在给予赤字国家信贷。

如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。

I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论2)比较优势理论3)国际劳动分工4)要素禀赋理论5)土地密集型产品6)劳动密集型产品7)资本密集新产品8)获得优势9)天然优势10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。

2.尽管美国产茶与产麦均有绝对优势,可它只在麦子生产上具有相对优势,因其产麦的优势较其产茶的优势更大。

3.要素禀赋理论认为,较丰富的生产要素比相对稀缺的要素更加廉价。

4.为了做好国际贸易,公司经理除需要掌握业务经营知识,还需要掌握基本的社会科学知识。

Unit TwoI. (p27) Find out the whole forms of the following short forms:MTO Multilateral TradingGSP Generalized System of PreferenceUNCTAD United Nations Conference on Trade and DevelopmentWTO World Trade OrganizationMFN Most Favored NationLDC less developed countriesGATT General Agreement on Tariffs and TradeEC European CommunityII.Fill in the blanks with proper words:1) policies; discourage 2) government 3) 117; 36%; 24% 4) negotiations;to; trade 5) free; would accept/permitI. (p35-36) Identify in the text the English equivalents for the following:prohibitive tariff value added taxregulatory tariff ad valorem tariffprotective tariff dutiable priceretaliatory tariff retail pricecountervailing tariff wholesale pricepunitive tax licenseSpecial Drawing Right clandestinerevenue tariff non-tariff barriersgovernment procurement coordinationinfant industry customs valuationII. (p36) Translate the following into Chinese:大多数国家目前就估价的程序达成了一致。

海关官员首先必须采用发票金额。

若没有发票金额或其真实性可疑的情况下,必须以同类商品价值为基础估价。

若找不到同类商品,就必须以基本同时期进海关的相似产品为基础进行估价。

III. Complete the following sentences:1.the customs; import/export goods2.Tariff or duty; under3.dumping; levying anti-dumping tariff4.duty; value5.increasing; imported; gainIV. Fill in the blanks with proper prepositions:of; on; with; from; with; for; to; at; by; atI.(p44) Find in the text the English equivalents for the following:foreign currency retention tariff exemptionpreferential condition monitorexport credit certificatedirect consignment Generalized System of Preferencetariff union preference-giving countryeconomic union preference-receiving countrycommon market signatory nationprinciple of the place of origin tariff regionfree trade zone regional economic integrationinternational financial market National Commercial Inspection Bureauand its subordinatesII.(p44-45) Translate the following into Chinese:进出口数量限制最常见的形式是配额(制度)。

从进口角度讲,配额频频使用的目的是为了限制某一特定年份所允许进口产品的数量。

这一数量常常反映出国内生产厂商在特定年份拥有国内市场中一定份额的保障(额度)。

很多年来,美国进口糖配额使美国(国内)糖业生产厂商占据了近一半国内市场。

III.(P45) Find a suitable term to fill in each of the following blanks:1)Economic Union2)A free trade zone3)the average tax refunding4) total tariff exemption5) Form A6) GSP7) encourage export production8) justifiableUnit ThreeI.(p51) Give the Chinese equivalents for the following English terms:1)固有/内在属性2)光泽、款式、结构3)适销性4)社会属性5)适用性6)耐用性7)卫生8)以消毒/杀菌II.Translate the following, paying attention to the underlined terms:1)Not only should we take into consideration the intrinsic quality and outerform or shape, but also individual consumer tastes.2)To strengthen the competitiveness of China’s export commodities, we mustimprove their quality.3)日本质量管理方法称为“全面质量管理”(TQM),是日本公司为达到质量要求所遵循的程序。

4)竞争力战略应优先考虑以下四方面:效率/成本、可靠性、质量和灵活性。

5)在日本,质量是指“产品上乘,顾客不会想到转向其它卖家”。

III.Fill in the blanks with proper prepositions:to; in; in; of; by; on; in; withoutI.(p55) Give the Chinese equivalents and explain them in simple English:1)检验销售2)代表性样品3)参考样品4)复样5)产权6)技术资源7)对等样品8)商检II.(P60) Translate the following into Chinese:规格修改修订维修/保养保质期/质保期精选水产品补充仲裁示意图/ 图纸消费安装相关部门奢侈食品跨国公司III.Put the following into English:quality first quality reliable productscustomer first quality inspection systemquality indicator superior qualitycorrespond with samples not the same as the sampleintangible assets famous brand productsstrong and pliable booklet/manualIV.Find a proper word for each blank:select; location; largest; northern; conscious; terms; attract; fast; afford; earningsI. (p64) Give the Chinese equivalents to the following English terms:1) 允许误差2)质量公差3)可变范围4)灵活性5)鸭绒含量II. Translate the following sentences into Chinese according to the hints:1)某些部件是定制的,需要买卖双方的工程技术人员多次谈判才能确立正确的规格。

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