奥鹏远程教育北京语言大学《商贸英语》在线作业4

奥鹏教育北京语言大学平时在线作业

20春《商贸英语》作业4

The highest form of economic integration is called____.
A:Triad
B:OPEC
C:APEC
D:the economic union
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If you say that a crate contains copper when in fact it contains platinum, it would be against the principle of .
A:Insurable interest
B:Utmost good faith
C:Indemnnity
D:contribution and subrogation
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The word “___” means “to take the place of another”.
A:value
B:subrogate
C:contribute
D:contract
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If there is no specific indication whether a credit is revocalbe or irrevocable, it should be regarded as .
A:revocable credit
B:irreocable credit
C:either A or B
D:both A and B
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In( ), the parent company delegates sufficient power to each subsidiary to manage the production and marketing in the host country.
A:multi-domestic corporation
B:the global corporation
C:the transnational corporation
D:world companies
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The direct exchange of goods and servies in a short period of time is referred to as .
A:buyback
B:counter purchas奥鹏教育北京语言大学平时在线作业e
C:barter
D:compensation trade
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The letter of credit is until December 16th.
A:favourable
B:invalid
C:valid
D:unfavourable
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The operation of the letter of credit starts with the ___.
A:exporter
B:importer
C:consumer
D:policymaker
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If Volkswagen sold 5000 cars to a country and agreed to purchase goods from list set up by the importer over a period of time up to the value of the cars, it is .
A:barter
B:counter purchase
C:buyback
D:compensation
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___was established in 1960 to provide assistance for the same purposes as the IBRD, but primarily in the poorer developing countries and on terms that itwould bear less heavily on their balance of payments than would IBRD loans.
A:The International Development Association
B:The International Finance Corporation (IFC)
C:The Multilateral Investment Guarantee Agency (MIGA)
D:The World Bank
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The major function of the IMF is to provide temporary financing for countries suffering shocks that would weaken its currency.
A:错误
B:正确
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International business refers to transactions between parties from different countries.
A:错误
B:正确
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There have been great changes in Incoterms 2000 to take account of changes in transportation techniques.
A:错误
B:正确
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The International Development Association offers loan with significant risk of not being repaid.
A:错误
B:正确
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The commissioners in the European Commission are appointed by and responsible to their home country.
A:错误
B:正确
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The letter of credit is able to provide absolute security for the contracting parties.
A:错误
B:正确
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The seller should be responsible for delay or failure to fulfill part of the contract for events of force majeure.
A:错误
B:正确
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Some MNEs intervene in the affairs of government in both the home and host countries in order to ensure the security of its profits, assest, and operations.
A:错误
B:正确
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The bundling trade greatly facilitates transaction and allows more efficient ecnomic exchage.
A:错误
B:正确
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Thanks to Incoterms, the uncertainties of different interpretations of trade terms in different countries can be avoid or at least reduced to a considerable degree.
A:错误
B:正确
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Multi-domestic corporation operates under an opposite principle from the first type and views the world market as an integrated whole．
A:错误
B:正确
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The credit is a letter issue by a bank at the request of the exporter.
A:错误
B:正确
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Counter trade is a peculiar form of transaction allegedly popular in less developed countries and in centrally planned economies.
A:错误
B:正确
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The use of licensing is particulary encouraged in countries with weak intellectual property protection.
A:错误
B:正确
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Transportation insurance doesn＇t conform to certain basic principles.
A:错误
B:正确
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