简答题The main parties of a typical letter of credit transaction are________. A、applicant B、beneficiary C、issuing bank D、advising bank简答题Average, in maritime law, means loss or damage. A、正确 B、错误简答题In Incoterms® 2020, the ________ whereby the seller is responsible for contracting and paying for carriage of the goods, but not responsible for additional costs or risk of loss of or damage to the goods once they have been shipped, meaning the different points of costs and risks. A、“E”-terms B、“F”-terms C、“C”-terms D、“D”-terms简答题Offer and ________ are the essential elements of a contract. In either case, it should be done out of one's free will and with an intention to enter into a legally binding agreement. A、enquiry B、counter-offer C、acceptance D、rejection简答题The main problems of international business are ________. A、technological differences B、cultural differences C、monetary conversion D、trade barriers简答题An offer can be made by a buyer or seller. When it is made by a buyer, the offer is called ______. A、selling offer B、bid C、offerer D、offeree简答题Written contracts and oral contracts are all legally valid forms of contract. A、正确 B、错误简答题Alternative Dispute Resolution (ADR) refers to any means of settling disputes outside of the courtroom, including ________. A、mediation B、arbitration C、conciliation D、negotiation简答题In foreign trade, _________ is often used in consignment, auction and exhibition for particular goods such as jewels, antique, artworks, calligraphy, painting,etc. A、sale by sample B、sale by specification C、sale by standard D、sale by actual quality简答题“Delivery” under Incoterms® means ______ －the point where risk of loss or damage shifts from the seller to the buyer. A、risk transfer B、damage transfer C、cost transfer D、money transfer简答题Marketing and promotion activities should be carried on before market researches. A、正确 B、错误简答题Warning mark, known as handling mark, helps to ensure that greater care is taken with cargo handling. A、正确 B、错误简答题There is always one and only one Incoterm® for each transaction. A、正确 B、错误简答题Among the negotiation instruments, as the medium of payment, ________ are used more frequently in foreign trade. A、bills of exchange B、promissory notes C、currencies D、cheques简答题The contracting parties must perform their mutual promises, fulfill their respective obligations as specified in the contract. That’s the stage of ________ of contract. A、fulfillment B、performance C、implementation D、accomplishment简答题Collective packaging can be classified into ________. A、cardboard B、container C、pallet D、flexible container简答题Advantageous trade can occur between countries if the countries differ in their ________, including the skills and abilities of a country's workforce, the natural resources available within its borders, and the sophistication of its capital stock. A、technological abilities B、resource endowments C、demands or preferences D、government policies简答题Funds sent between institutions are transferred through ________ for international transfers. A、WTO B、IMF C、SWIFT D、WB简答题____ The GSP, the Generalized System of Preferences, is a preferential tariff system that developed countries extend to developing countries. A、正确 B、错误简答题________ are Freight Collect terms, indicating that the receiver (usually the buyer) will pay the freight charges upon delivery or at the destination. A、EXW B、FCA C、FAS D、FOB