简答题It is noted that by D/D the draft must be paid on demand.简答题There are two parties to a promissory note, (1) and Payee.简答题The United States and China adopt general trade as the statistical method.简答题In the import and export business _______ can be made out to negotiable document. A、a rail waybill B、an air waybill C、an ocean B/L D、a parcel post receipt简答题When there is little information about the credit worthiness of trade partners or lack of trust (1) is likely used.简答题Some countries settechnical trade barriers to limit imports by taking advantage of sophisticated and strict technical regulations & standards and conformity assessment procedures, etc.简答题An insurance certificate is acceptable in lieu of an insurance policy.简答题The theory of comparative advantage may overstate the benefits of (1) by ignoring a number of costs.简答题With cash-in-advance payment terms, the ______ can avoid credit risk. A、importer B、exporter C、bank D、agent简答题A sole agent is an agent who has general rights to sell some goods in a particular territory for a specific period.简答题An insurance policy is acceptable in lieu of an insurance certificate or a declaration under an open cover.简答题Upon receipt of the relevant L/C, if some terms and conditions in the L/C are found not in strict conformity with those in the contract, the exporter should ______. A、urge the importer to amend the L/C as quickly as possible B、urge the extension of the L/C C、neglect it D、continue to make shipment简答题Under ______ overage of London Institute Cargo Clause, only major casualties are covered ,but not natural calamities . A、ICC(A) B、ICC(B) C、ICC(C) D、Institute War Clause-Cargo简答题A( An) ______ represents title to the cargo。 A、 CTD B、 air waybill C、 road waybill D、 bill of lading简答题In factoring there are 3 parties involved the exporter, the importer and the factor.简答题Non-tariff barriers refer to the measures except customs duties that are adopted by a country’s government to regulate, administrate and control the foreign trade activities in its country.简答题The seller’s obligation is less in C group than that in F group.简答题Shipping by air is the best option for COST-sensitive exports.简答题Protective tariffs (import taxes) are designed to raise money for the government.简答题Absolute advantage is based on the assumption that exchange rates are ______ which is seldom the case and hence a limitation. A、flexible B、unpredictable C、stable D、capricious