国际贸易实务(双语)
习题集
山东工商学院中加学院
国际贸易教研室
国际贸易实务(双语)综合习题集
Part I: Multiple Choices (Choose the Best Answer for Each of the Following Questions)
1. The one who buy insurance is called ( )
A. an insurance company C. the insured B. a broker
D. an insurer
2. What is the name given to the sum of money which a person agrees to pay to an insurance company?
A. compensation C. investment B. premium
3. An insurance agreement is called an ( )?
A. insurance policy C. insurance cover B. insurance contract
D. insurance document D. commission
4. Under FOB contract, the ( ) is to arrange insurance.
A. seller C. buyer B. insurer
D. carrier
5. When the seller contracts for insurance, it is a(n) ( ) contract.
A. CFR C. FAS B. FCA
6. The one who lodges a claim is known as an ( ).
A. insurer C. insurance broker B. the insured
D. claimant D. CIF
7. ( ) does not have the normally accepted meaning, but means loss in the insurance business.
A. Partial loss C. Coverage B. Total loss
D. Average
8. ( ) is the broadest kind of coverage but does not include all risks.
A. Free of Particular Average C. With particular Average B. All Risks
9. Risk of breakage is considered to be the ( )
A. Free of Particular Average C. General additional risks B. With Average
D. Special additional risks D. TPND
10. The person to whom the goods are shipped is called _______.
A. the consignor C. the shipper B. the consignee
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D. the manufacturer
11. As Swedish arbitrators often are ( ) lawyers, the arbitrators’ fees are usually in line with those of lawyers.
A. practice C. practising B. practise
D. practised
12. The Institute may also decide to discharge an arbitrator on the ( ) of any lawful excuse or failure to perform his duties in an adequate manner.
A. basis C. excuse B. reason
D. ground
13. If the institute has requested a party to perform any act within a ( ) time, such time limit may be extended by the Institute.
A. specified C. specifying B. specify
D. limited
14. If an arbitrator is replaced in the course of the proceedings, the newly ( ) tribunal shall decide whether and to what extent a prior oral hearing shall be repeated.
A. comprised C. consisted B. composed
D. built
15. The arbitrators are ( ) to receive remuneration for their work in accordance with the principles stated above and, in addition, to receive reimbursement of their expenses.
A. entitled C. subject B. qualified
D. required
16. The international uniform customs practice in written for documentary collection is ( ).
A. UCP600 C. Incoterm2000 B. ISP98
17. The payer of promissory note is the ( ).
A. drawer C. payee B. drawee
18. ( )needn’t draft generally.
A. Open Negotiation L/C C. Deferred payment L/C B. Sight Payment L/C
19. The Opening Banks of L/C deal with( ).
A. services B. goods C. documents D. performance to which the documents may relate
20. According to UCP600, if there is no indication in the credit of the insurance coverage required, the amount of insurance coverage must be at least ( ) of the CIF or CIP value of the goods. A. 110% B. 10%
D. Restricted Negotiation L/C D. creditor D. URC522
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C. 100% D. 130%
21. If the cargoes are not discharged from the ship or lighter, then the time of insurance duty under war risks shall be limited to ( ) days counting from the midnight of the day when the vessel arrives at the port of destination.
A. 15 days C. 60 days B. 30 days
22. WPA is ( ) in Chinese.
A. 平安险 C. 一切险 B. 水渍险
D. 战争险 D. 2 years
23. The Ad. V. standard for liner freight is calculated on the basis of ( ).
A. CIF price C. CFR price B. FCA price
24. Unless the Credit stipulates otherwise, ( ) . A. Partial shipments and transshipments are allowed B. Partial shipments and transshipments are not allowed
C. transshipments are not allowed, but Partial shipments are allowed D. transshipments are allowed, but Partial shipments are not allowed
25. The net weight and G.W for some goods is 28kgs per piece and 30kgs respectively. Its measurement is 45CMX35CMX22CM per piece. If the calculation standard for liner’s freight tariff is W/M10, the shipping company will calculate the freight( )
A. on the basis of net weight C. on the basis of measurement B. at the shipper’s option
26. The most frequently used pricing methods is ( )
A. fixed pricing C. Partial fixed price and partial unfixed price B. flexible pricing
D. Floating pricing).D. at the carrier’s option D. FOB price
27. In international export practice, in case we conclude a FOB or CFR contract with the buyer abroad, unless otherwise agreed, we must give the buyer notice that the goods have been delivered on board the vessel, so as to enable him to ( ) in time.
A. arrange shipment C. take delivery B. cover insurance
D. open L/C
28. The CIF contract is a typical “document transaction” or “( )”.
A. dependent transaction C. symbolic delivery B. physical delivery
D. arrival contract
29. The variations of CFR involve only the problem of who is to pay ( ) charges, with nothing to do with the place of delivery or the place of risk separation. A. loading B. demurrage
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C. freight D. unloading
30. In INCOTERMS 2000, under ( ) trade term, the customs declaration for import is the responsibility of seller.
A. EXW C. CIF B. DDP
D. FOB
31. Which of the following expressions to quality is right and proper? ( ) A. Chinese Groundnut, Moisture 13%, Admixture 5%, Oil content 44%. B. Cloth Doll Sample No. 123, quality to be completely equal to the sample. C. Tetracycline HCL Tablets, Sugar Coated, 250mg, B.P.
D. grey duck's down, duck's down content 18% (1% more or 2% less)\
32. If no expiry date for presentation of documents is stipulated in L/C, banks will not accept documents presented to them later than ( ) days after the date of shipment.
A. 15 C. 7 B. 21
D. 60
33. In Credit operations all parties concerned deal with ( ). A. goods B. services C. documents
D. other performances to which the documents may relate
34. If the cargoes are not discharged from the ship or lighter, then the time of insurance duty under war risks shall be limited to ( ) days counting from the midnight of the day when the vessel arrives at the port of destination.
A. 15 days C. 60 days B. 30 days
D. 2 years
35. Under ICC, the insurer will bear the maximum responsibility if ICC ( ) is adopted.
A. A C. C B.B
D. Malicious risks
36. The net weight and G.W. for some goods is 30kgs per piece and 34kgs respectively. Its measurement is 45CMX35CMX20CM per piece. If the calculation standard for liner’s freight tariff is W/M10, the shipping company will calculate the freight( )
A. on the basis of net weight C. on the basis of measurement B. on the basis of gross weight
D. at the carrier’s option
37. As for the ( ), the charter will employ the master and take charge of the deployment and management of the ship.
A. Voyage Charter C. Bare-boat Charter B. Time Charter
D. Liner
38. The Ad. V. standard for liner freight is calculated on the basis of ( ).
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