a. both the seller and the buyer b. both the consignee and the consignor c. both the shipper and carrier d. both the exporter and the operator

22. Under______, the seller minimizes his obligations while the buyer obtains the goods at the lowest possible

price.

a. FOB b. DDP c. DES d. EXW

23. When the seller pays for the goods to be placed alongside the vessel at the named port of shipment, the term is

__________

a. DEQ b. FAS c. FOB d. EXW

24. When the seller pays for the goods to be loaded on board the ship, but does not pay the freight or insurance, the

right term is _______

a. FOB b. FCA c. CFR d. CIF

25. When the seller only pays freight for the goods up to arrival at the port of destination, the term is _________

a. FOB b. CFR c. DDU d. CIF

26. When the seller pays for the cost of transport and the cost of insurance to a destination, and he includes these

expenses in his sales price, the term is ___________

a. DDU b. CIP c. CPT d. CFR 27. ________ may be used for various modes of transport.

a. FCA CPT CIP b. FCA FOB EXW c. FCA FAS CIF d. FCA CFR CPT 28. ________ can only be used for waterway transport.

a. CIF CIP DEQ b. CFR CPT CIP c. FOB CPT CIF d. CIF FOB DEQ

29. Under ____ trade terms, the risk is transferred from the seller to the buyer when goods pass over the ship’s rail.

a. FCA FOB FAS b. FOB CFR CIF c. FAS FCA CIF d. FAS CFR FOB 30. The buyer has the minimum obligation under_____.

a. DDU b. DDP c. DAF d. DEQ

41. While sales by sample, if there is no other stipulations on the goods in the contract , then the goods

__________.

a. may be roughly the same as the sample b. must be the same as the sample

c. may have reasonable tolerance d. may have reasonable differences on specification

42. The sample made by the seller according to the buyer’s, and then sent to and confirmed by the buyer is called

__________.

a. duplicate sample b. returning sample c. original sample d. counter sample

43. __________ are usually sold by sale by trade mark or brand name?

a. Manufactured goods with steady quality b. Raw materials

c. Machine and instrument d. Goods with special shape

44. The methods commonly used to express the quality include the followings except for __________.

a. sale by sample b. sale by materials

c. sale by description d. sale by trade mark or brand name

45. In international trade, the goods that is demanded on special shape or the characteristics of color and taste

should be sold__________.

a. by sample b. by specification c. by grade d. by name of origin 46. Quality standard of FAQ means that__________.

a. the goods is suitable for sales b. the goods is merchantable

c. the goods has bad quality d. the goods has fair average quality

47. At present, which method we always take to express quality when we export some handicrafts, clothing and

light industrial products? __________

a. Sale by sample b. Sale by specification c. Sale by grade d. Sale by name of origin

48. If there is a quality tolerance clause in a contract, within the range of the tolerance, the buyer__________. a. can’t refuse to accept the goods b. can refuse to accept the goods c. can demand the price to be adjusted

d. can refuse to accept the goods or demand the price to be adjusted

49. A company exports 50 tons of wheat, the seller delivers the extra 2 tons, then the buyer should __________.

a. accept 52 tons b. refuse to take 52 tons

c. accept extra 1 ton d. refuse to accept extra 2 tons 50. The more or less clause is normally used for ________

a. bulk goods b. packed units c. individual items d. containerized goods 51. The characteristics of liner transport are that ________.

a．the line, the port, the time and the freight rate are fixed b．its freight is determined by the market.

c．the variety and quantity of goods shipped are more flexible

d．the obligations and rights of both seller and buyer are stipulated in the B/L

52. _______ transport is a major mode of transport in terms of capacity, only second to sea transport.

a. Road b. Air c. Container d. Rail

53. ________ transport has a high distributive ability of offering a door-to-door service.

a. Air b. Road c. Sea d. Inland waterway

54. In container transport situation, the shipping company can supply “door to door” service according to the

condition of __________

a. FCL/FCL b. FCL/LCL c. LCL/FCL d. LCL/LCL

55. The operator who signs the multimodal transport documents is__________

a. only responsible for the first stage of the transportation b. must be responsible for the whole transportation c. is not responsible for transportation

d. is only responsible for the last stage of the transportation

56. Which stipulation of the date of shipment is often used in a contract? __________

a. one day b. within several days after the L/C has been received c. prompt shipment d. concrete shipment time

57. Which of the following is right about the stipulation of the port of shipment and the port of destination clauses

in the international trade contract?_______ a．To stipulate two ports roughly

b．Only one port of shipment and one port of destination can be stipulated in the contract. c．To stipulate two ports of shipment or two ports of destination

d．More than one port is contracted to be port of loading or more than one port is contracted to be port of destination in case it is difficult to decide.

58. The seller usually sends the _____ to the buyer immediately after the goods are loaded on board the ship,

advising him of the shipment.

a. shipping advice b. shipping instructions c. shipping date d. shipping port 59. Partial shipment may be necessary when ___________

a. direct liners are not available

b. the amount of the cargo is very small c. the shipping date is very close

d. the export covers a large amount of goods

60. Transshipment may be necessary when ___________

a. direct liners are not available

b. the amount of the cargo is very small c. the shipping date is very close

d. the export covers a large amount of goods

61. __________ is the practice of sharing among many persons risks that would otherwise be suffered by only a

few.

a. Trade b. Transportation c. Insurance d. Description

62. The losses done to the goods in marine transportation can be classified into two types, namely__________

a. actual total loss and constructive total loss b. general average and particular average c. basic loss and additional loss d. total loss and partial loss

63. In the marine cargo insurance practice, general average is__________

a. a kind of partial loss b. a kind of total loss

c. partial loss or total loss decided by the time d. constructive total loss

64. For exporting rice, the goods can not be used according to its original usage because of its having been soaked

by the sea water for a long time owing to the accident, as a result, the goods has to be sold at a lower price at the destination. the loss herein is __________ a. particular average b. general average c. actual total Loss d. constructive total loss

65. WPA was covered for exporting goods, and part of the goods was damaged because of the rain on the way, then

the insurance company should __________ a. compensate for the whole lot

b. compensate for the part damaged c. compensate for none

d. compensate for all the exporting goods

66. Exporting clothes are soaked heavily because of the ship hitting the submerged reef in the sea, if the cost dealt

with and sent to the destination is more than the value insured, then the loss can be regarded as __________ a. general average b. actual total loss c. constructive total loss d. particular average

67. The goods concluded on the CIF basis has been burnt because of the fire after being loaded , then __________

a. the loss is due to the seller

b. the seller asks the insurance company for compensation

c. the buyer asks the insurance company for compensation d. the loss is due to the party who pays the freight 68. Particular additional coverage of CIC _________

a. can be covered alone b. can’t be covered alone

c. can be covered alone when more than two of them are covered

d. can be covered alone when only one of the insured applies for insurance 69. Under CIC, general additional risks include the following except for_________

a. Risk of Shortage b. TPND c. Failure to delivery d. Risk of odor

70. Basic coverage of marine cargo insurance under CIC includes the following except for________ a. FPA b. War Risk c. WPA d. All Risks 71. Total cost of exporting includes ____________

a. production cost b. sales price

c. production cost and all charge before exporting

d. production cost, all charge and taxes before exporting

72. Which one is the best expression of unit price for international trade? __________

a. CIF LONDON US$1010/MT b. CIF LONDON $1,010.00/MT c. CIF LONDON US$1,010.00/MT d. CIF LONDON $1,010.00/TON

73. The seller reduces the price by a certain percentage of the original price for the buyer, that’s to say, the seller

does proper favor in price for the buyer. The favor is called__________ a. commission b. discount c. advance payment d. deposit

74. While choosing the money for the payment in international trade, one should __________

a. choose hard money b. choose soft money

c. choose soft money for export and hard money for import d. choose hard money for export and soft money when import

75. In international trade, the method of calculating plain commission is__________

a. net price multiply by commission rate

b. commission-included price multiplied by commission rate c. net price divided by（one minus commission rate） d. unit price multiplied by commission rate

76. In international trade, the commission is usually collected by __________

a. the seller b. the buyer c. the insurance company d. the intermediary 77. Which one is the price including commission__________

a. FOBS b. FOBT c. FOBST d. FOBC 78. Which one of the following quotation is wrong? __________

a. FOB QINGDAO USD10.00/PC b. CIF LIVERPOOL GBP125.00/MT c. FOB SHANGHAI $15.25/PC d. FOB JINAN USD2.00/KG 79. The followings are included in CFR and CPT prices expect for __________

a. production cost b. freight c. insurance premium d. profit

80. If the unit price clause is stipulated as “USD 200 per metric ton CIF London less 3% discount”. Then the price

is called a/an _________

a. net price b. commission-included price b. discount-included price d. discount-excluded price

81. Which one of the following is not the means of remittance? __________

a. L/G b. M/T c. T/T d. D/D 82. T/T means __________

a. mail transfer b. telegraphic transfer c. demand draft d. letter of credit

83. Which means of international payment is a kind of bank credit? __________

a. Remittance b. Collection c. L/C d. D/D 84. Which L/C means double guarantee for the beneficiary? __________

a. Revocable L/C b. Documentary L/C c. Confirmed L/C d. Transferable L/C

85. As to confirmed L/C, the payment responsibility of confirming bank is ______

a. primary b. secondary c. third d. fourth

86. There is a draft whose drawer and drawee are both bankers. Which one is it in the followings? __________

a. Commercial Draft b. Banker’s Draft c. Clean Draft d. Documentary Draft 87. A Check is a kind of ____ drawn on a banker.

a. sight draft b. time draft

c. sight promissory note d. time promissory note 88. D/P at sight means__________