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外贸实务英语课程习题与测试题I. Answer the following questions.1. How would you define international trade? 2. What are the reasons for international trade? Can you list some of them?3. What is economies of scale? Why does it influence international trade? 4. How do countries benefit from the international trade?5. What are the differences between visible trade and invisible trade? Give a few examples of invisible trade. 6. What do you think of the trade of balance?7. What do trade barriers mean? List some example of trade barriers in international trade. 8. How is international trade regulated now?9. What do trade forms refer to? List some examples of trade forms.10. What can agents be divided into according to the scope of their rights?11. What are the differences between agency and distribution?12. What is the basic characteristic of countertrade? What are the common reasons for countertrade?13. Explain compensation trade.14. What are the differences between compensation trade and counterpurchase?15. What are the differences between exportation and consignment?16. How is the price decided in bidding?17. How can you define trade terms? What are the functions of trade terms?18. What are the trade terms under Incoterms ?19. What are the main differences between CFR and CIF?20. Why are “C”-terms different from all other terms?21. What are the characteristics of “D”-terms under Incoterms?22. Which trade terms under Incoterms can be applied to water transport?23. Try to compare the differences between FOB, CFR, CIF and FCA, CPT, CIP.24. How can we choose a proper trade term?25. Why shall we stipulate the name of commodity in a contract clearly? 26. What are the ways of showing quality of commodity in a contract?27. How can we stipulate “sale by sample” in a contract?28. What are FAQ and GMQ?29. What are the ways of measurement for goods in international trade?30. Why shall we include a “more or less clause” in a contract? How to stipulate it in a contract?31. What are the functions of packing in international trade?32. How can we decide which type of packing should be used in a business transaction?33. What modes of transport are usually used in international trade?34. Why is container transport popular in international trade?35. What is international multimodal transport?36. How can we stipulate time of shipment in a contract?37. If different ports of destination are stipulated in a CFR contract, what shall the seller pay more attention to?38. What shall be included in a shipping notice?39. How can we stipulate partial shipment clause for the advantages of the exporter?40. If there is no direct sail to port of destination, how should we stipulate the shipping clause?41. What are the differences of General Average and Particular Average?42. What is the coverage of marine insurance under CIC?43. What is All Risks under CIC?44. How do we take out additional coverage?45. How do we choose proper insurance coverage?46. Is the same coverage of ocean marine insurance used for land transport? If not, what insurance coverage is for land transport? 47. What are the differences between insurance policy and insurance certificate?48. What are the characteristics of an open policy?49. What factors shall be taken into consideration when pricing in international trade?50. What are included in a unit price clause?51. What are the functions of price terms?52. What is the relationship between money of account and money of payment?53. Is hard currency as money of payment more favorable to the exporter? Why?54. Why does exchange rate influence international trade greatly?55. What are commission and discount? How can they affect price?56. Give one example for commission-included price and discount-included price respectively. 57. What is the main advantage of L/C?58. What are the types of L/C?59. What are the instruments of payment commonly used for international trade?60. Please describe D/A and D/P. 61. Under what conditions can collection be used in international trade?62. What is a draft?63. How can we decide which term of payment we shall use?64. Arrange the order of terms of payment mentioned in the text as far as the sellers benefit is concerned.65. What are the ways to stipulate the place and time of inspection?66. How does one decide the place and time of inspection?67. Why should a penalty clause be included in a contract sometimes?68. How can one settle the claims?69. What is force majeure? And how does it influence the international trade?70. What is arbitration? And what will be included in an arbitration clause?71. What is the force of an arbitration award?72. Who will bear the arbitration fee?73. Why is it necessary to examine L/C and make amendment to L/C?74. What are the parties involved in an L/C?75. What is the relationship of opening bank and advising bank?76. Why shall th
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