国际贸易实务复习题.docx
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国际贸易实务复习题.docx
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国际贸易实务复习题
Ⅰ.PutTfortrueorFforfalseintheanswersheet.
1.(T)EXWinIncoterms2010isthetradetermunderwhichtherisksofthesellerareinminimum.
2.(F)“USD200perM/TCIFC2London”meansthattheSellerwillreceive200USdollarsforpermetricton.
3.(F)Countersamplecanhelpavoiddisputesoverthequantityofgoodsinthefuturetransaction.
4.(T)Fortermsmarkedwith“W/M”,thefreightistobecalculatedonthebasisofeitherweighttonormeasurementton,subjecttothehigherrate.
5.(F)Inmostcases,whileportofshipmentandportofdestinationarestipulatedinthecontract,twoormoreofeacharestatedtoprovidemoreoptionsforeitherbuyersorsellers.
6.(F)UnderFOBterm,thesellershouldnotifythebuyerofthecargoreadinessatleast30daysbeforethetimeofshipmentsothatthebuyercanhaveenoughtimetochartershipsandsendthemtotheshipmentportintime.
7.(T)Cargotransportinsuranceisusuallytakenouton“warehousetowarehouse”basis.
8.(F)TheinsurancecoverageofICC(A),ICC(B),andICC(C)isroughlythesameasthatofFPA,WPA,AllRisksunderCIC,respectively.
9.(F)Sofar,documentarycreditsarethemostidealmethodofpaymenttoprovidesecurityforbothbuyersandsellers.Therefore,inwhateverconditions,L/Cshouldbethefirstconsiderationinthemethodofpaymentfortransactions.
10.(F)UnderthetermsofD/A,itisthebankinexporter’scountrywhomakesacceptancetothedraftanddeliversthedocumentstotheimporter.
11.(T)Importcommoditysubjecttolegalinspectioncannotbemarketedorusedbeforebeinginspected.
12.(T)UnderthetermsFOB,CIFandCFR,therisksoflossofordamagestothegoods,aswellasanyadditionalcostsduetoeventsoccurringafterthetimethegoodshavebeendeliveredonboardthevessel,istransferredfromthesellertothebuyer..
13.(T)Ifonepartyviolatesstipulationspackingterms,theotherpartyshallhavetherighttorejectthegoodsandclaimforthelosses.
14.(F)Neutralpackingisadoptedtobreaktariffandnon-tariffbarriersofsomeimportingcountries,andtendtobewidelyadoptedbymanycountries.
15.(T)Whenthechattererfailstoloadorunloadthegoodswithinthestipulatedperiodoftime,hehastopaydemurragetotheship-owner.
16.(F)CFRisthetermwhentheconsignmentisdeliveredwithallthechargesuptoarrivalattheportofdestinationpaidbytheSeller.
17.(F)CPTisthemostappropriatetermwhenthesellermustpaythecostandfreightnecessarytobringthegoodstothenamedportofdestinationbyaroll-on/roll-offvessel.
18.(F)Whenthesellerpaysforthegoodstobeplacedalongsidethevesselonthequayorinlightersatthenamedportofshipment,thetermisFOB.
19.(T)“Grossfornet”isoftenstipulatedinthecontracttoindicatethattheweightofthelessvaluedproductsiscalculatedbygrossweight.
20.(T)Themoreorlessclauseisaclausethatstipulatesthatthequantitydeliveredcanbemoreorlesswithincertainextent.
21.(T)Ifthearticleshadgreatchangesinpriceatthetimewhendeliveryismade,thesellermaystipulatethatsettlementforthispartisbasedonthemarketpriceatthetimewhenthegoodsareshippedonboardthevessel.
22(F)Consignmentnoteisusednotonlyforroadorrailtransport,butalsoformultimodetransport.
23.(F)Merchantvesselscanbedividedintolinersandtramps,andtrampsprovetobeamoreeconomicalmeansofinternationalcargodistribution.
24.(T)Thefreightoflinersisrelativelyfixed,whilethefreightoftrampsismainlydeterminedbythemarket.
25.(T)Accordingtotheusualpractices,theinsuredamount,ifnotspecifiedinthesalescontract,willbe110%ofCIForCIPprice.
26.(T)TwotypesofrisksarecoveredbyoceansmarineinsuranceunderCIC:
perilsoftheseaandextraneousrisks.
27.(T)WPAisawidercoverthanFPAinoceanmarinecargoclause.
28.(F)Ifthepaymentistobemade“30day’ssight”,itmeansthatthepaymentwillhavetobemade30daysaftertheissuingofthisdraft.
29.(F)Exportersalwaysinsistonpaymentbycashinadvancewhentheyaretradingwitholdcustomers.
30.(T)Unlikethebillofexchange,thepromissorynotehastwoparties:
themakerandthepayee.
31.Thedraftisissuedinduplicate,thedrawermakespaymentagainstonedraft,andthentheotheriscancelledaccordingly.t
32.Incasethatthevaliditytimeisspecifieddefinitelyinanoffer,theofferormustmakeanacceptancewithinthestipulatedtimelimit.Theofferstillcanbindingontheofferorwhenthevalidityexpires.f
33.InNegotiableInstrumentLawofthePeople’sRepublicofChina,acheckisasightB/Ewiththebankasthepayer,thatistosay,itisanunconditionalorderdrawnonabankerbythedrawer,requiringthebankertopayondemandasumcertaininmoneytoortotheorderofaspecifiedpersonortothebearer.f
Ⅱ.Pleasechoosethebestanswerfromthefollowingchoicesofeachquestionandwritethemonyouranswersheet.
1.Thetradetermsdefinetheresponsibilitiesandexpensesof__A__.
A.boththesellerandthebuyerB.boththeconsigneeandtheconsignor
C.boththeshipperandthecarrierD.boththeexporterandtheoperator
2.__D__canonlybeuseforwaterwaytransport.
A.CIF+CIP+DATB.CFR+CPT+CIP
C.FOB+CPT+CIFD.CIF+FOB+CFR
3.AccordingtoUCP600,theconfirmingbankmustnegotiateand/orhonor__C__.
A.iftheissuingbankagreestonegotiateand/orhonor
B.iftheapplicantagreestonegotiateand/orhonor
C.ifithasreceivedacomplyingpresentationfromthepresenter
D.ifthebeneficiaryhasshippedthestipulatedgoodsontime
4.QualitystandardofFAQmeansthat__D__.
A.thegoodsissuitableforsalesB.thegoodsismerchantable
C.thegoodshasbadqualityD.thegoodshasfairaveragequality
5.__A__aremarksofsimpledesigns,someletters,numbersandsimplewordsonpackages,oftenstenciled,thatserveasanidentificationoftheconsignmenttowhichtheybelong.
A.ShippingmarksB.Supplementarymarks
C.IndicativemarksD.Warningmarks
6.Thelossesdonetothegoodsinmarinetransportationcanbeclassifiedintotwotypes,namely__D__.
A.actualtotallossandconstructivetotalloss
B.generalaverageandparticularaverage
C.basiclossandadditionalloss
D.totallossandpartialloss
7.UnderCFRcontract,thegoodsaredamagedduringmarinetransportandthebuyersufferslossesestimatedatUSD1000duetonaturalcalamity,USD800duetofortuitousaccidents,andUSD2000duetoextraneousrisks.IfthebuyerhasinsuredthegoodsforUSD1000000againstWPAbeforeshipment,thentheinsurershouldpay__B__compensationtothebuyer.
A.USD3800B.USD1800C.USD3000D.USD2800
8.Theoperatorwhosignsthemultimodetransportdocumentis__B__.
A.onlyresponsibleforthefirststageoftransportation
B.mustberesponsibleforthewholetransportation
C.isnotresponsiblefortransportation
D.isonlyresponsibleforthelaststageofthetransportation
9.WhichofthefollowingL/Cmeansdoubleguaranteeforthebeneficiary?
__C__
A.RevocableL/CB.DocumentaryL/C
C.ConfirmedL/CD.TransferableL/C
10.AnexporterdeliveredthegoodsonCIFbasisaccordingtothestipulationsofthecontract,andsubmittedcleanB/Ltotheimporter.Afterreceivingthegoods,theimporterfoundthatthegoodsaredamagedbecauseofthedamagestotheoutsidepacking.Thereisalsoaseaprotestshowingthatthedamageisduetoheavyweather.Whomshouldtheimporterclaimto?
__B__.
A.shippingcompanyB.insurancecompanyC.sellerD.buyer
11.Under_D__,thesellerminimizeshisobligationswhilethebuyerobtainsthegoodsatthelowestpossibleprices.
A.FOBB.DDPC.DATD.EXW
12.Whenthesellerpaysforthegoodstobeplacedalongsidethevesselatthenamedportofshipment,thetermis_B__.
A.DATB.FASC.FOBD.EXW
13.Whilechoosingthemoneyforthepaymentininternationaltrade,oneshould_C__.
A.choosehardmoney
B.choosesoftmoney
C.choosesoftmoneyforexportandhardmoneyforimport
D.choosehardmoneyforexportandsoftmoneyforimport
14.Ininternationaltrade,thecommissionisusuallycollectedby_D__.
A.thesellerB.thebuyerC.theinsurancecompanyD.theintermediary
15.Insalebysample,ifthereisnootherstipulationsonthegoodsinthecontract,thenthegoods__B__.
A.mayberoughlythesameasthesample
B.mustbethesameasthesample
C.mayhavereasonabletolerance
D.mayhavereasonabledifferencesonspecification
16.Ifthereisaqualitytoleranceclauseinacontract,withintherangeofthetolerance,thebuyer_A__.
A.can’trefusetoacceptthegoods
B.canrefusetoacceptthegoods
C.candemandthepricetobeadjusted
D.canrefusetoacceptthegoodsordemandtheprice
17.Thecharacteristicsoflinertransportarethat_A__.
A.theliner,theport,thetimeandthefreightratearefixed
B.itsfreightisdeterminedbythemarket
C.thevarietyandquantityofgoodsshippedaremoreflexible
D.theobligationsandrightsofbothsellerandbuyerarestipulatedintheB/L
18._C__merelyconfirmsthatthegoodshavebeenhandedovertoandareincustodyoftheship-owner.
A.ShippedB/LB.CleanB/LC.ReceivedforshipmentB/LD.LinerB/L
19.Exportingclothesaresoakedheavilybecauseoftheshiphittingthesubmergedreefinthesea,ifthecostdealtwithandsenttothedestinationismorethanthevalueinsured,thenthelosscanberegardedas_C__.
A.generalaverageB.actualtotalloss
C.constructivetotallossD.particularaverage
20.ThegoodswasexportedunderCIF,butthewholegood
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