奥鹏教育北京语言大学《商贸英语》在线作业二

奥鹏教育北京语言大学平时在线作业

19秋《商贸英语》作业2

The operation of the letter of credit starts with the ___.
A:exporter
B:importer
C:consumer
D:policymaker
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So far as___interest is concerned, D/P at sight is more favorable than D/P after sight, and D/P is more favorable than D/A.
A:the exporter＇s
B:the importer＇s
C:the consumer＇s
D:the government＇s
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The headquarters of the International Monetary Fund is in .
A:New York
B:Geneva
C:Washiongton DC
D:Lausanne
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If a credit cannot be amended or revoked without the consent of all the parties concerned, it is a(n) .
A:revocable credit
B:irreocable credit
C:confirmed credit
D:unconfirmed credit
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Both IBRD and IMF are institutions under___ and both are headquartered at Washington DC.
A:the United Nations
B:the United States
C:the Great Britain
D:the World Bank
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___is defined as the economic movement of commodities and products and the effect of such movement on the development and advancement of business.
A:Freight transportation
B:Modern transportation
C:Ancient transportation
D:Water transportation
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If a credit stipulated that its amount can be renewed or reinstated without specific amendment to the credit being made, it is then a ___credit.
A:revolving
B:non-draft
C:transferable
D:sight
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By paying a premium into an insurance pool, the___earns the right to claim compensation from the pool should he suffer loss.
A:assurer
B:assured
C:loser
D:winner
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The most powerful institution of the EU is___.
A:the Council of Ministers
B:the president
C:the House of Lords
D:the House of Commons
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If an exporter sends goods abroad and only gets payment until the goods are sold, but retains title or ownership to the goods, it is .
A:cash in advance
B:partial cash in advance
C:open account trade
D:consignment transaction
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___member states of the United Nations and of its specialized agencies are members of the Conference.
A:Some
B:Two-thirds
C:One-third
D:All
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Initially, GATT consisted of only ___ basic parts.
A:one
B:two
C:three
D:four
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If a credit is confirmed by a bank other than the issuing bank, it becomes a ___ credit.
A:confirmed
B:documentary
C:clean
D:usance
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If a person insures twice for the same risk and claims compensation from both insurers, it would be against the principle of .
A:Insurable interest
B:Utmost good faith
C:Contribution
D:Subrogation
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The letter of credit is until December 16th.
A:favourable
B:invalid
C:valid
D:unfavourable
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Under the Generalized System of Preferences, developing countries have to reciprocate favorable treatment to the developed countries.
A:错误
B:正确
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The World Bank and the World Trade Organization were created by the Bretton Woods Conference.
A:错误
B:正确
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Counter trade represents an extreme form of bundling, and money as a unit of account is totally bypassed.
A:错误
B:正确
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If no settlement can be reached through negotiation when disputes arise, the case shall be submitted for arbitration.
A:错误
B:正确
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Most-favored-nation treatment refers to special tariff treatment to certain countries or regions.
A:错误
B:正确
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Confirmed credits are those that cannot be amended or revoked without the consent of all the parties concerned.
A:错误
B:正确
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There are two types of business negotiations: formal and informal.
A:错误
B:正确
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Conference decisions for UNCTD(the United Nations Conference on Trade and Development) require a overwhelming majority.
A:错误
B:正确
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The use of licensing is parti奥鹏教育北京语言大学平时在线作业culary encouraged in countries with weak intellectual property protection.
A:错误
B:正确
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An offer is considered open even after a stipulated time.
A:错误
B:正确
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