国际贸易实务练习三.doc

国际贸易实务测试练习（三）Examination Paper of International Trade PracticeClass Name .Define the following terms briefly. ( 77 ) 1. FOB2. CIF3. Liner4. B/L5. Letter of Credit6. Issuing Bank7. Offer.Translate the following passages into Chinese. ( 21 ) .The issuance of a letter of credit acts to facilitate international trade in that a bank pledges its credit on behalf of its customer. After signing a contract, the importer requests his bank to issue a letter of credit in favour of the exporter. Assuming that the credit risk is acceptable, the bank opens its letter of credit, which, in essence, says to the exporter : “we, the bank, promise that we will pay you when you submit certain documents evidencing that you have made the agreed-upon shipment.” The bank is in effect putting itself in the place of the importer. It is lending its name and its good offices to the importer so that the exporter can be assured that he will receive payment.An acceptance credit is a credit available by acceptance, under which a nominated bank is authorized to accept. It must be a usance credit and the draft thereunder must be a time bill drawn on the issuing bank, the advising bank, or any other drawee bank. By accepting the draft under the credit, the accepting bank signifies its commitment to pay the face value of the credit at maturity. The beneficiary will discount the accepted draft with his own bank or in local money market if he wished to get paid immediately.Please examine the following L/C and answer the questions. (56)FROM: INDUSTRIAL BANK OF JAPAN，LIMITED，TOKYO TO: BANK OF CHINA, SHANGHAI SQUENCE OF TOTAL: 27: 1/1FORM OF DOC. CREDIT: 40A： IRREVOCABLE DOCU. CREDIT NO.: 20: ILC136107800 DATE OF ISSUE: 31C: 991015 DATE N PLACE OF EXP.: 31D: 991215 IN THE COUNTRY OF BENEFICIARY APPLICANT: 50: ABC COMPANY, 1-3 MACHI KU STREET，OSAKA，JAPAN BENEFICIARY: 59: SHANGHAI DA SHENG CO.，LTD. UNIT C 2/F JINGMAO TOWER, SHANGHAI, CHINA. CURRENCY CODE, AMOUNT: 32B: USD21240.00 AVAILABLE WITH /.BY 41D: ANY BANK BY NEGOTIATION DRAFTS AT: 42C: SIGHT FOR 100PCT INVOICE VALUE DRAWEE: 42D: THE INDUSTRIAL BANK OF JAPAN, HEAD OFFICE PARTIAL SHIPMENT: 43P: ALLOWED TRANSSHIPMENT: 43T: NOT ALLOWED LOAD/DISPATCH/TAKING: 44A: CHINESE PORTS TRANSPORTATION TO: 44B: OSAKA/TOKYO LATEST DATE OF SHIPMET: 44C: 991130 DESCRIP GOODS/SERVICE: 45A: 4,000 PCS DIAMOND BRAND CLOCK ART NO. 791 AT USD5.31 PER PIECE CIF OSAKA/TOKYO PACKED IN NEW CARTONS DOCUMENTS REQUIRED: 46A: IN 3 FOLD UNLESS OTHERWISE STIPULATED: 1. SIGNED COMMERCIAL INVOICE 2. SIGNED PACKING LIST 3. CERTIFICATE OF CHINESE ORIGIN 4. BENEFICIARYS CERTIFICATE STATING THAT ONE SET OF ORIGINAL SHIPPING DOCUMENTS INCLUDING ORIGINALFORM A HAS BEEN SENT DIRECTLY TO THE APPLICANT 5. *COPY OF TELEX FROM APPLICANT TO SUPPLIERS APPROVING THE SHIPPING SAMPLE. 6. INSURANCE POLICY OR CERTIFICATE ENDORSED IN BLANK FOR 110 PCT OF CIF VALUE, COVERING W.P.A RISK AND WAR RISK.7. 2/3 PLUS ONE COPY OF CLEAN ON BOARD OCEAN BILLS OF LADING, MADE OUT TO ORDER AND BLANK ENDOR-SED MARKED FREIGHT PREPAID AND NOTIFY APPLICANT. ADDITIONAL CONDITION:47A: ALL DRAFTS DRAWN HEREUNDER MUST BE MARKED DRAWN UNDER INDUSTRIAL BANK OF JAPAN, LTD., HEAD OFFICE, CREDIT NO.ILC136107800 DATED OCT.15,1999 AND THE AMOUNT OF SUCH DRAFTS MUST BE ENDORSED ON THE REVERSE OF THIS CREDIT. T/T REIMBURSEMENT IS NOT ACCEPTABLE.DETAILS OF CHARGES 71 B: ALL BANKING CHARGES OUTSIDE JANPAN ARE FOR BENEFICIARYS ACCOUNTPRESENTAION PERIOD 48: DOCUMENTS MUST BE PRESENTED WITHIN 10 DAYS AFTER THE DATE OF ISSUANCE OF THE SHIPPING DOCUMENTS BUT WITHIN THE VALIDITY OF THE CREDIT. CONFIRMATION 49: WITHOUT SPECIAL INSTRUCTION TO THE ADVISING BANK: ALL DOCUMENTSINCLUDING BENEFICIARYS DRAFTS MUST BE SENT BY COURIER SERVICE DIRECTLY TO OUR HEAD OFFICE. MARUNOUCHI, CHIYODA-U,TOKYO, JAPAN 100,ATTN. INTER-NATIOANL BUSINESS DEPTIMPORT SECTION, IN ONE LOT. UPON OUR RECEIPT OF THE DRAFTS AND DOCUMENTS, WE SHALL MAKE PAYMENT AS INSTRUCTED BY YOU. SEND. TO REC, INFO. 72: ACHNOWLEDGE RECEIPT TRAILER ORDER IS1. What kind of this credit is? 2. When did this credit expire?3. If the date of on board B/L is 15th Nov. 19