c. The money of draft can’t exceed that of L/C

d. If More or Less Clause is stipulated in the contract, there should be relevant regulations on the sum of money of L/C

129. In L/C settlement, banker’s negotiation is merely based on __________. a. application of opening L/C b. contract and documents c. documents and L/C d. goods and documents 130. The payer of the draft used in L/C settlement can’t be __________. a. applicant b. issuing bank c. beneficiary d. advising bank

IV. Translate the following Chinese expressions into English.

1. 国际贸易 2. 世界贸易 3. 对外贸易 4. 海外贸易 5. 规模经济 6. 经济增长 7. 外汇 8. 汇率 9. 国外市场 10. 有形贸易 11. 无形贸易 12. 贸易差额 13. 贸易顺差 14. 贸易逆差 15. 贸易壁垒 16. 非关税壁垒 17. 财政关税 18. 保护关税 19. 配额 20. 自由贸易 21. 贸易形式 22. 代理 23. 经销 24. 对销贸易 25. 寄售 26. 投标 27. 委托人 28. 订购代理 29. 独立代理 30. 保付代理 31. 包销商 32. 一般经销商 33. 补偿贸易

34. 全部补偿 35. 部分补偿 36. 互购 37. 平行贸易 38. 转手贸易 39. 抵消贸易 40. 公开招标 41. 商品描述 42. 品名

43. 凭样品买卖 44. 对等样品 45. 原样 46. 参考样品 47. 凭规格买卖 48. 良好平均品质 49. 上好适销品质 50. 品牌 51. 商标 52. 品质公差 53. 毛重 54. 净重 55. 公吨

56. 溢短装条款 57. 增减条款 58. 包装 59. 散装货 60. 大路货 61. 运输方式 62. 海洋运输 63. 班轮 64. 不定期轮 65. 铁路运输 66. 公路运输

67. 航空运输 68. 集装箱运输 69. 整箱货 70. 拼箱货 71. 集装箱站 72. 多式联运 73. 托运人 74. 收货人 75. 装运时间 76. 装运港 77. 目的港 78. 装运通知 79. 分批装运 80. 转运 81. 承保人 82. 保险公司 83. 保（险）费 84. 被保险人 85. 全部损失 86. 部分损失 87. 共同海损 88. 单独海损 89. 战争险 90. 罢工险 91. 平安险 92. 水渍险 93. 一切险

94. 偷窃提货不着险95. 保险范围 96. 保险单 97. 保险凭证 98. 预约保险单 99. 联合凭证 100. 批单 101. 单价 102. 总值 103. 欧元 104. 价格术语 105. 计价货币 106. 支付货币 107. 本币 108. 硬通货币 109. 软货币 110. 汇率 111. 外汇保值条款 112. 中间商 113. 明佣 114. 净价 115. 含佣价 116. 暗佣 117. 现金折扣 118. 特殊折扣 119. 明折扣 120. 暗折扣 121. 支付方式 122. 支付工具 123. 银行票汇 124. 汇付 125. 信汇 126. 电汇 127. 票汇 128. 支票 129. 本票

130. 不可撤销信用证131. 保兑信用证 132. 即期信用证 133. 远期信用证 134. 不可转让信用证135. 远期汇票 136. 商业汇票 137. 承兑交单 138. 跟单托收 139. 即期付款交单 140. 远期付款交单 141. 检验 142. 索赔 143. 不可抗力 144. 仲裁

145. 质量检验证书 146. 数量检验证书 147. 重量检验证书 148. 价值检验证书 149. 原产地证

150. 离岸质量和重量151. 到岸质量和重量152. 异议 153. 罚金 154. 赔偿

155. 仲裁机构 156. 仲裁庭 157. 裁决

161. 开证申请人 162. 开证行 163. 通知行 164. 代理行 165. 议付行 166. 偿付 167. 付款行 168. 清算行 169. 受让人 170. 第一受益人 171. 有效期 172. 承兑

173. 修改通知书 174. 保兑

175. 运输代理行 176. 运费率 177. 重量吨 178. 尺码吨 179. 从价运费 180. 议价费率

181. 普通货运费率182. 指定商品运价205. 制单 206. 商业发票 207. 托运单 208. 装箱单 209. 运单 158. 审理

159. 首席仲裁员 160. 独任仲裁员183. 装卸时间 184. 滞期费 185. 速遣费 186. 航空运单 187. 运单

188. 多式联运单据 189. 已装船提单 190. 清洁提单 191. 记名提单 192. 不记名提单 193. 指示提单 194. 联运提单 195. 报关 196. 溢卸货物

197. 漏泄货物/溢载货物198. 短卸货物 199. 退关货物 200. 装货通知 201. 普通税率 202. 优惠税率 203. 海关估价 204. 短装关税 210. 海关发票 211. 进口许可证 212. 运费预付 213. 运费到付 214. 正本提单

V. Fill in the blanks with the words and expressions listed below.

Passage One

market sold home raw production focused company transportation

More and more of the great corporations have come to consider their “natural” markets to be the globe, not just their___________ countries. The struggle in automobiles, in computers, in telecommunications, in steel, is for shares of a world___________. This is way we find the ___________ such as IBM or General Motors considering the whole globe as their “sourcing” of ___________ materials, the location of production and the place of sales effort. With modern rapid air___________, instant global data information, and highly organized systems of ___________, the manufacture of commodities is more and more easily moved to the country that produces them more cheaply, and their sale is ___________ on the countries that represent the richest markets. Thus we have a radio whose parts have been made in Hong Kong, assembled in Mexico, and___________ in the United Sates-by a Japanese manufacture. Passage Two

payment carried contracts customer buy imported

In a countertrade transaction, the foreign ___________ who provides the equipment or technology undertakes to ___________ from the Chinese firms’ goods of a value equivalent to that of what he himself supplies. Thus two ___________ are entered into: one for export by the foreign customer with immediate settlement and the other for his counterpurchase from the Chinese firms with immediate settlement too. A countertrade may also be ___________ out by a direct exchange of goods between the two sides without the cash ___________. The difference, if any, between the price of the goods exported and that of the goods___________ will be settled in cash. Passage Three

appoint turnover expenses total grant agency expect quantity

A: I’m here to apply for the sole ___________ of your products in our local market. What about your ideas?

B: I’m sorry that we can’t agree to ___________ you as our sole agent because the annual ___________ you promised is too low.

A: Do you mean that you won’t appoint an agent?

B: Of course not. It depends on the total annual turnover you can fulfill.

A: We’ll increase the ___________ to 5,000 sets if you entrust us as your sole agent.

B: We think it is rather conservative. Our price is the lowest among all similar products. It is not difficult to get customers for our products.

A: Then, I’ll bear a risk and raise quantity by another 5,000 electric fans this year, making a ___________ of 10,000 sets. We ___________ a commission of 10%.

B: Usually, we ___________ our agents a 3---5% commission. Besides, as the sole agency, you could control the market easily and don’t have to spend extra ___________. In this case, we can only allow you a 7% commission. A: That’s a deal. Passage Four

delivered purposes invoice shipment submit insurance transactions defined

The CIF contract is a type of contract which is more widely and more frequently in use than any other contracts used for ___________of sea-borne business. A large number of ___________ are carried out every year under CIF contracts.

The seller’s obligations under CIF contract have been ___________ as follows: (1) to ship goods as contained in the contract at the port of ___________. (2) to obtain a contract under which the goods will be ___________ at the destination stipulated by the contract. (3) to arrange for a/an ___________upon the terms current in the trade which will be available for the benefits of the buyer. (4) to make out an ___________ with the agreed price, or the actual cost, commission charges, freight, insurance premium and so on. (5) to ___________ the relative documents to the