《homework-国际贸易实务课后题》由会员分享，可在线阅读，更多相关《homework-国际贸易实务课后题（3页珍藏版）》请在金锄头文库上搜索。
1、1 Homework of Chapter 3 -Term of Intl. Trade I. True or False. For the false statement, please state the specific reasons. 1) Price terms are mainly applied to determining the prices of commodities in international trade. ( F Price term is used to indicate the international trade import and export c
2、ommodity price structure, both parties shall bear their respective responsibilities, the share of the cost borne and risk transfer of ownership and term.) 2) As an exporter, you concluded a deal with an American on basis of EXW; then your transaction risk is reduced the minimum degree. ( T ) 3) On C
3、IP terms, the seller must pay the freight rate and insurance premium as well as bear all the risks until the goods have arrived at the destination. ( F This term obliges the seller to contract for insurance and pay the insurance premium for the carriage of the goods in addition to whatever should be
4、 covered under CPT. The transfer of risk happens when the seller delivers the goods to the carrier he chooses at the place of shipment.) 4) DES means that the seller must deliver the goods to the buyer at the destination on his own charges and at his own risks. ( T ) 5) If you have signed a contract
5、 with a Japanese buyer on the basis of FOBST, you must be responsible for stowing and trimming the goods at your own expense. ( T ) 6) CFR Landed in indicate that the seller must guarantee the arrival of the goods at the destination without any damage. (F The seller is only responsible for covering
6、the transport charges under the contract of carriage, the ocean freight and any other handling charges due to contingencies or not included in the contract of carriage would fall upon the buyer.) 7) The main difference between a CIF contract and a DES contract lies in the fact that former is a symbo
7、lic delivery of goods, whereas the latter is a physical delivery of goods. (T ) 8) The common feature of an FOB contract and an FAS contract is that the seller must load the goods on a named ship. (F The common feature of FOB and FAS contract is that the seller is called upon to deliver the goods to
8、 a carrier appointed by the buyer. But on FAS terms the seller needs only to put the goods within the reach of the ship s tackle. It is not responsible for loading the goods on board.) 9）Both DAT and DAP should be followed by named place of destination. ( T ) 10) According to Incoterms 2010 under DA
9、P the buyer is not responsible for unloading the goods from the arriving vehicle at the place of destination. (F Under DAP at the time of delivery the risk and cost related to unloading the goods are for the account of the buyer.) 2 II. Suppose you are an exporter and your business place is in China
10、; you judge if the following statements are correct or not and give your reasons. 1)Offer 1,000 bales of Cotton Price Goods at USD 150 per bale FOB New York. Incorrect. On FOB terms the seller s responsibilities end when he delivers the goods at the port of shipment, that is, at one of the ports of
11、China. 2) We accept your offer for 500 paper cases of Chinese Black Tea at USD 400 per case CIF Shanghai. Incorrect. On CIF terms the seller pays for transportation and insurance till the goods reach the destination; the terms should be followed by the port of destination. 3) Your order for Bitter A
12、pricot Kernels at USD 15 per kilo CPT Liverpool has already been delivered. Correct. According to CPT terms we can know it. 4) We appreciate your quotation for DD Raincoats at USD 100 per dozen CIP Guangzhou, but the price is rather on the high side. Incorrect. On CIP terms the seller pays for trans
13、portation and insurance till the goods reach the destination; the terms should be followed by the port of destination.5) Your counter-offer for Fairy Brand Leather Shoes at CAND 50 per pair CFR Vancouver has been well received. Correct. 6) We shall execute as soon as possible your order for 1,000 se
14、ts of Flying Fish Typewriters at USD 30 per set FCA Beijing. Correct. 7) We confirm having sold to you 2,000 dozen Pillow Cases at French Francs 50 per dozen FOB Marserlles. Incorrect. On FOB terms the seller s responsibilities end when he delivers the goods at the port of shipment, that is, at one
15、of the ports in China. 8) Referring to your enquiry of July 15, we quote as follows: Sharp Vacuum Cleaner 500 sets USD 120 per set. Incorrect. On DES terms the seller must put the goods under the actual control of the buyer at the port destination; a port of destination should be attached to DES. 9)
16、 We offer Chinese Tin Plate DDP Shanghai Reply here July 10 . Incorrect. On DDP terms the seller must physically deliver the goods to the buyer at a named place in the import country, that is, a named place of destination should be added to DDP terms. 10) Our Sales Confirmation No. 9405 for 1,000 Sewing Machines at USD 45 CIF Hong Kong is being airmailed today. Correct. 3 III. Case study 1) A Chinese import and export company concluded a Sales Contract with
