国际贸易实务英文版课后练习参考答案
国际贸易实务英文版课后练习参考答案
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服务贸易trade in servicesⅢThe chart above shows the U.S.imports from China,U.S.exports to China and the trade 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 and capital)that it needs to develop its economy and culture,and no country enjoys a particular item sufficient enough to meet its needs.As for the preference reasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3.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 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增加内需raise domestic demandDomestic content 国内含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额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。
国际贸易实务英语课后练习答案
Unit oneI. Find in the text the English equivalents for the following:protectionism domestic marketinterference direct investmentrestriction be first voiced bydominate mercantilismconsume outflow of currencycurrency portfolio investmentII. Fill in the blanks with proper English terms:1) Merchandise exports2) Service exports and imports3) Merchandise imports4) International trade5) Direct investment (FDI)6) Portfolio investmentIII. Choose a suitable word for each of the blanks in the following paragraph:trade; liberalization; facilitate; competition; increasinglyV. (P10) Translate the following paragraph into Chinese:一个国家出现贸易盈余或贸易顺差,是指该国当前进口货物和服务的价值小于出口货物和服务的价值。
在重商主义时期,这一差值通过转移黄金弥补,但是在今天是通过持有贸易赤字国家的货币或以该国货币表示的投资来弥补。
实质上,盈余国家在给予赤字国家信贷。
如果此种信贷最终不能买回足够的货物和服务,所谓的贸易顺差结果实际上可能对盈余国家不利。
I.Give the Chinese equivalents for the following English terms:1) 绝对优势理论 2)比较优势理论 3)国际劳动分工 4)要素禀赋理论 5)土地密集型产品 6)劳动密集型产品 7)资本密集新产品 8)获得优势 9)天然优势 10)文化要素差异II. (p18-19) Translate the following sentences into Chinese according to the patterns:1.即使所有产品都具有绝对优势的国家,因其必须放弃产出效率低的产品转而生产产出效率高的产品,也会从贸易中获益。
国际贸易实务英文第二课后习题答案
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 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 seller is not taking the risk of loss of or damage to the goods during the transportation, c. Theseller 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。
(完整版)国际贸易实务(周瑞琪等)_课后答案详解
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.pare and contrast FOB, CFR and CIF?答:Similarities: a. Sel ler’s risk will be transferred to the buyer when the goods pass the 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 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?答:Shipment contract terms vs. arrival contract terms. Under shipment contract terms s eller’s risk will be transferred to the buyer before the goods depart from the place/port of shipment. Under arrival contract terms seller will bear the risk of the goods until the goods arrive the destination.5.What are the differences and similarities between CPT and CFR?答:Major similarities: a. seller should contract and pay for the major carriage. b.Seller is not taking the risk of loss 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 seller’s risk will be transferred to the buyer when the goods are handed over to the firstcarrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.6.What are the differences and similarities between CIP and CIF?答:Major similarities: a. seller should contract and pay for the major carriage. b.Seller is not taking the risk of loss or damage to the goods during the transportation. c. Seller must obtain insurance against buyer’s risk. Difference: a.CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport. b. Under CPT seller’s risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.7.If you trade with an American, is the sales contract subject to Incoterms withoutany doubt? What should you do?答:No. The Revised American Foreign Trade Definitions 1941 is still in use, especially among 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?答:FOB,CFR & CIF.9.Who is responsible for carrying out customs formalities for exports under an FOBcontract?答:Seller. According to Incoterms 2000, except EXW and DDP these two terms, all the other eleven terms require the seller to handle the export customs formalities, while buyer the import customs formalities.10.If a Chinese trader signs a FOB Hamburg contract, is he exporting or importing? 答:Importing. FOB should be used with a “named port of shipment”, if Hamb urg 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 2008. If thevessel fails to arrive at the port of shipment on time, the seller agrees to set aside the goods for additional 27 days, and the buyer will bear all costs of delay." it turned out that under the seller's repeated requests, the vessel named by the buyer finally arrived at the port of shipment on May 1. As a result, the seller refused to make the shipment.(1)Was the seller entitled to compensation for the warehouse rent, insurance andinterest due to the delay?(2)If the seller had sold the goods to a third party on April 25, should the buyerpay for the delay?(3)If the seller had sold the goods to a third party on May 1 with a better price,was he entitled to any compensation?析:a案例中提到“shipment will be effected in March 2008”,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。
国际贸易实务英文版第五版易露露课后答案
国际贸易实务英文版第五版易露露课后答案1、_____, Martin can reach the branch of that tall tree at the gate. [单选题] *A. As a short manB. Being shortC. As he is shortD. Short as he is(正确答案)2、Across the river(). [单选题] *A. lies a new built bridgeB.lies a newly built bridge(正确答案)C. a new built bridge liesD.a newly built bridge lies3、—The weather in Shanghai is cool now, ______ it? —No, not exactly. ()[单选题] *A. doesn’tB. isC. isn’t(正确答案)D. does4、Which do you enjoy to spend your weekend, fishing or shopping? [单选题] *China'shigh-speed railways _________ from 9,000 to 25,000 kilometers in the past fewyears.A. are growing(正确答案)B. have grownC. will growD. had grown5、54.—________?—Yes, please. I'd like some beef. [单选题] *A.What do you wantB.May I try it onC.Can I help you(正确答案)D.What else do you want6、—_____ are the Olympic Games held? —Every four years [单选题] *A. How longB. How often(正确答案)C. How soonD. How far7、_______ your help, I can’t finish my job. [单选题] *A. withB. without(正确答案)C. inD. into8、He was?very tired,so he stopped?_____ a rest. [单选题] *A. to have(正确答案)B. havingC. haveD. had9、What’s the point of going to school when I can’t do anything there? [单选题] *A. 时间B. 意义(正确答案)C. 方向D. 目标10、—______?—He can do kung fu.()[单选题] *A. What does Eric likeB. Can Eric do kung fuC. What can Eric do(正确答案)D. Does Eric like kung fu11、Actually, we don't know whether this news comes from a reliable()or not. [单选题] *A. source(正确答案)B. originC. basisD. base12、It _______ him ten minutes to solve the problem. [单选题] *A. spentB. took(正确答案)C. costD. paid13、The young man had decided to give up the chance of studying abroad, _____ surprised his parents a lot. [单选题] *A. whenB. whereC. which(正确答案)D. that14、Mom is making dinner. It _______ so nice! [单选题] *A. smells(正确答案)B. tastesC. feelsD. sounds15、69.Online shopping is easy, but ________ in the supermarket usually ________ a lot of time. [单选题] *A.shop; takesB.shopping; takeC.shop; takeD.shopping; takes(正确答案)16、The famous writer, _____ writings for China Daily I appreciate a lot , is invited to give a speech in our university. [单选题] *A. thatB. whose(正确答案)C. whomD. who17、Neither she nor her friends ______ been to Haikou. [单选题] *A. have(正确答案)B. hasC. hadD. having18、It’s raining heavily outside. Don’t leave _______ it stops. [单选题] *A. whileB. sinceC. until(正确答案)D. when19、It was _____ that the policy of reform and opening up came into being in China. [单选题] *A. in the 1970s(正确答案)B. in 1970sC. in the 1970s'D. in 1970's20、Boys and girls, please _______ your favorite book here and show it to us next class. [单选题] *A. bring(正确答案)B. sellC. buyD. take21、_____ to wait for hours,she brought along a book to read. [单选题] *A. ExpectedB. Expecting(正确答案)C. ExpectsD. To expect22、What do you think of the idea that _____ honest man who married and brought up a large family did more service than he who continued single and only talked of _____ population. [单选题] *A. a, /B. an, /C. a, theD. an, the(正确答案)23、_______ your help, I passed the English exam. [单选题] *A. ThanksB. Thanks to(正确答案)C. Thank youD. Thank to24、It’s very hot. Please _______ your coat. [单选题] *A. look afterB. take off(正确答案)C. take onD. put on25、74.In England people drive________. [单选题] *A.on the left(正确答案)B.in the leftC.on leftD.in left26、This kind of work _______ skills and speed. [单选题] *A. looks forB. waits forC. calls for(正确答案)D. cares for27、The weather forecast says that we’ll have occasional rain tomorrow. [单选题] *A. 偶尔的B. 不停的C. 少量的(正确答案)D. 不可预测的28、The car _______ after forty minutes driving, so he didn’t have the interview on time. [单选题] *A. broke down(正确答案)B. broke inC. broke outD. broke up29、33.Body language is even___________ and ___________ than any other language. [单选题] *A.stronger, loudB.strong, louderC.strong, loudD.stronger, louder (正确答案)30、Bob is young, _______ he knows a lot. [单选题] *A. becauseB. soC. but(正确答案)D. unless。
(完整版)国际贸易实务(周瑞琪等)_课后答案详解
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.pare and contrast FOB, CFR and CIF?答:Similarities: a. Sel ler’s risk will be transferred to the buyer when the goods pass the 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 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?答:Shipment contract terms vs. arrival contract terms. Under shipment contract terms s eller’s risk will be transferred to the buyer before the goods depart from the place/port of shipment. Under arrival contract terms seller will bear the risk of the goods until the goods arrive the destination.5.What are the differences and similarities between CPT and CFR?答:Major similarities: a. seller should contract and pay for the major carriage. b.Seller is not taking the risk of loss 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 seller’s risk will be transferred to the buyer when the goods are handed over to the firstcarrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.6.What are the differences and similarities between CIP and CIF?答:Major similarities: a. seller should contract and pay for the major carriage. b.Seller is not taking the risk of loss or damage to the goods during the transportation. c. Seller must obtain insurance against buyer’s risk. Difference: a.CPT is applicable to any kind of transportation mode while CFR is only used for waterway transport. b. Under CPT seller’s risk will be transferred to the buyer when the goods are handed over to the first carrier nominated by seller. Under CFR seller’s risk will be transferred when the goods pass over the ship’s rail.7.If you trade with an American, is the sales contract subject to Incoterms withoutany doubt? What should you do?答:No. The Revised American Foreign Trade Definitions 1941 is still in use, especially among 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?答:FOB,CFR & CIF.9.Who is responsible for carrying out customs formalities for exports under an FOBcontract?答:Seller. According to Incoterms 2000, except EXW and DDP these two terms, all the other eleven terms require the seller to handle the export customs formalities, while buyer the import customs formalities.10.If a Chinese trader signs a FOB Hamburg contract, is he exporting or importing? 答:Importing. FOB should be used with a “named port of shipment”, if Hamb urg 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 2008. If thevessel fails to arrive at the port of shipment on time, the seller agrees to set aside the goods for additional 27 days, and the buyer will bear all costs of delay." it turned out that under the seller's repeated requests, the vessel named by the buyer finally arrived at the port of shipment on May 1. As a result, the seller refused to make the shipment.(1)Was the seller entitled to compensation for the warehouse rent, insurance andinterest due to the delay?(2)If the seller had sold the goods to a third party on April 25, should the buyerpay for the delay?(3)If the seller had sold the goods to a third party on May 1 with a better price,was he entitled to any compensation?析:a案例中提到“shipment will be effected in March 2008”,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。
最新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------------------------------------------作者xxxx------------------------------------------日期xxxxIII。
Explain the following terms1. shipment contractShipment contract is a contract using an Incoterm which indicates thatthe delivery happens at the time or before the timeof shipment。
2。
symbolic deliverySymbolic delivery is a delivery situation in which when the seller delivers the buyer does notphysically rece ive the goods。
This kind of delivery is proved by t he submission oftransport document by the seller to the buyer。
3。
arrival contractArrivalcontract means a contract using an Incotermwhich indicates thatthe delivery happens when thegoods arrive at the destination.4. actual deliveryActual delivery refers to a delivery situation inwhich whenthe seller delivers the buyer does physi cally receive thegoods。
国际贸易实务英文版参考答案
Chapter 1I .YES,Please refer to the 1st paragraph of the text.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excess liquidity self-sufficienteconomic resources direct investment balance of payments barterexport tax rebate dumpingexport-driven economic growth host country balance of tradefavorable/unfavorable balance of trade European Unionfavorable/unfavorable balance of payments visible trade invisible trade trade in goods trade in servicesIIIThe chart above shows the U.S. imports from China, U.S. export s to China and the trade balance. The U.S. has a negative trade b alance 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 increa sing. There had already been a sizeable trade balance deficit with China in 1996, totaling $ 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 der ived 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 twoor more countries. 5. FDI is one that gives the investor a contr olling interest in a foreign company.6. Investment is used primarily as financial means for a company toearn more money on its money with relative safety. V1. International trade is the fair and deliberate exchange of goodsand/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 nationsare self-sufficient. Nations participate in the international t rade for many reasons. As to the economic reasons, no nation has a ll of the economic resources (land, labor and capital) that it need s to develop its economy and culture, and no country enjoys a part icular item sufficient enough to meet its needs. As for the prefe rence reasons, international trade takes place because of innovation of style. Besides, every nation can specialize in a certain field a nd enjoy a comparative advantage in some particular area in terms o f 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 carefullyfollow two key indicators, namely, balance of trade and balan ce of payments.4. FDI, the abbreviation form Foreign Direct Investment, means buyingof permanent property and business in foreign nations. It occ urs when acquisition of equity interest in a foreign company i s trade. 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 I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Domestic content Red-tape barriers Export subsidies Binding quota Abso lute quotas VERTariff-rate quotas Zero quota"Buy local" rules Tariff barriers non-tariff barriers specific duties quotaprotective tariff market failure infant industry licensing system Reve nue tariffgovernment procurement trade protectionism Ad Valorem Duties floor pri ce"buy local" rulesraise domestic demand 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. Protectionism means the deliberate use or encouragement of restric tions 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---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。
国际贸易实务英文版参考答案
Chapter 1I .YES,Please refer to the 1st paragraph of the text.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excess liquidity self-sufficienteconomic resources direct investment balance of payments barterexport tax rebate dumpingexport-driven economic growth host country balance of tradefavorable/unfavorable balance of trade European Unionfavorable/unfavorable balance of payments visible trade invisible trade trade in goods trade in serv icesIIIThe chart above shows the U.S. imports from China, U.S. exports to China and the trade balance . The U.S. has a negative trade balance with China, and it has been growing. During the period fro m 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 defi cit with China in 1996, totaling $ 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 i mporting 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 t hat 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 mo ney 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 s ale of both visible and invisible goods.2. In today's complex economic world, neither individuals nor nations are self-sufficient. Nation s participate in the international trade for many reasons. As to the economic reasons, no nation has all of the economic resources (land, labor and capital) that it needs to develop its economy and cu lture, and no country enjoys a particular item sufficient enough to meet its needs. As for the prefer ence 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 term s of trade so that they need to do business with each other to make use of resources more efficientl y and effectively.3. In measuring the effectiveness of global trade, nations carefully follow two key indicators, na mely, balance of trade and balance of payments.4. FDI, the abbreviation form Foreign Direct Investment, means buying of permanent property a nd business in foreign nations. It occurs when acquisition of equity interest in a foreign company is trade. The great significance of FDI for China might be that: FDI solve the problem of capital s hortage 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 I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Domestic content Red-tape barriers Export subsidies Binding quota Absolute quotas VERTariff-rate quotas Zero quota"Buy local" rules Tariff barriers non-tariff barriers specific duties quotaprotective tariff market failure infant industry licensing system Revenue tariffgovernment procurement trade protectionism Ad Valorem Duties floor price"buy local" rulesraise domestic demand 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. Protectionism means the deliberate use or encouragement of restrictions on imports to enable re latively inefficient domestic producers to compete successfully with foreign producers. 保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。
国际贸易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。
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。
英文版国际贸易实务2-7答案
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. Sel ler’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 the seller to arrange and pay for the ocean transportation and insurance against the buyer's risk。
国际贸易实务英文版参考答案
Chapter 1I .YES,Please refer to the 1st paragraph of the text.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excess liquidity self-sufficienteconomic resources direct investment balance of payments barterexport tax rebate dumpingexport-driven economic growth host country balance of tradefavorable/unfavorable balance of trade European Unionfavorable/unfavorable balance of payments visible trade invisible trade trade in goods trade in serv icesIIIThe chart above shows the U.S. imports from China, U.S. exports to China and the trade balance . The U.S. has a negative trade balance with China, and it has been growing. During the period fro m 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 defi cit with China in 1996, totaling $ 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 i mporting 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 t hat 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 mo ney 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 s ale of both visible and invisible goods.2. In today's complex economic world, neither individuals nor nations are self-sufficient. Nation s participate in the international trade for many reasons. As to the economic reasons, no nation has all of the economic resources (land, labor and capital) that it needs to develop its economy and cu lture, and no country enjoys a particular item sufficient enough to meet its needs. As for the prefer ence 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 term s of trade so that they need to do business with each other to make use of resources more efficientl y and effectively.3. In measuring the effectiveness of global trade, nations carefully follow two key indicators, na mely, balance of trade and balance of payments.4. FDI, the abbreviation form Foreign Direct Investment, means buying of permanent property a nd business in foreign nations. It occurs when acquisition of equity interest in a foreign company is trade. The great significance of FDI for China might be that: FDI solve the problem of capital s hortage 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 I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Domestic content Red-tape barriers Export subsidies Binding quota Absolute quotas VERTariff-rate quotas Zero quota"Buy local" rules Tariff barriers non-tariff barriers specific duties quotaprotective tariff market failure infant industry licensing system Revenue tariffgovernment procurement trade protectionism Ad Valorem Duties floor price"buy local" rulesraise domestic demand 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. Protectionism means the deliberate use or encouragement of restrictions on imports to enable re latively inefficient domestic producers to compete successfully with foreign producers. 保护主义是指蓄意使用或鼓励进口限制,以此使本国相对效率低的产品能成功地和外国产品竞争。
国际贸易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。
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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 the trade 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 are self-sufficient.Nations participate in the international trade for many reasons.As to the economic reasons,no nation has all of the economic resouces (land,labor and capital) that it needs to develop its economy and culture,and no country enjoys a particular item sufficient enough to meet its needs.As for the preference reasons,international trade takes place because of innovation of style.Besides,every nation can specialize in a certain field and enjoy a comparative advantage in some particular area in terms of trade so that they need to do business with each other to make use of resources more efficiently and effectively.3.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 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增加内需raise domestic demandDomestic content 国内含量Red-tape barriers 进口环节壁垒Export susidies 出口补贴Binding quota 绑定配额Absolute quotas 绝对配额VER 自愿出口限制Tariff-rate quotas 关税配额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。
2.If the Russians release their stocks of tin into the world market,the price of the metal will sink through the floor.一旦俄罗斯人将其持有的锡矿股票投放于国际市场之中,那么该市场中金属的价格会跌破最低限价。
3.Protective tariff means a duty or tax imposed on imported products for the purpose of making them more expensive in comparison to domesticproducers,thereby giving the domestic products a price advantage.保护性关税表示对进口产品征收的关税,旨在让它们相比起本国商品更贵,从而使得本国商品具有价格优势。
4.Types of tariffs include ad valorem,specific,variable,or compound.In the United States,the imposition of tariffs is made on imported goods only.Tariffs raise the prices of imported goods,thus making them less competitive within the market of the importing country.After seven” Rounds ” of General Agreement on Tariffs and Trade trade negotiations that focused heavily on tariff reductions,tariffs are less important measures of protection than they used to be.关税的种类包括从价税,从量税,可变税与复合税。