实务期中测试.doc

南 京 财 经 大 学20152016学年第一学期国际贸易实务课程期中测试校区仙林校区 专业年级 国贸13级 班级 学号 姓名 题号一二三四总分分数 1.本卷考试形式为闭卷，考试时间为100分钟。2.考生不得将装订成册的试卷拆散，不得将试卷或答题卡带出考场。3.可以使用普通计算器。.Multiple choices (25 points).True or false statements (20 points).Calculation (25 points).Case studies (30 points)本题得分.Multiple choices (25 points)12 3456789101112 131415161718192021222324251. If the CIF price of a product is USD100/set, freight charge USD10/set, insurance premium USD 10/set, commission rate 2%, the commission payment based on CIF price should be ( )A.USD1.60/set B.USD1.63/set C.USD2.00/set D.USD2.04/set2. Which one of the following prices is correctly expressed?( )A.CNY3.50 CIF Hong Kong B.USD3.50 per piece CIFC.RMB3.50 per piece CIFC London D.USD3.50 per piece CIFC2 London3. According to CISG, a contract can be established when ( )A. an acceptance becomes effectiveB. the seller and buyer sign on a written contractC. the contract is approved by authoritiesD. an offer reaches the offeree4. When the offeree makes modification to ( ), his reply may not be seen as a counteroffer.A. the price B. the payment term C. the packing D. the quality and quantity5. A cable offer reached the offeree on 12/03. However one day before the offeror had informed the offeree by fax that the offer had been invalid. This act can be considered as ( )A. a withdrawal of an offer B. an amendment of an offerC. a new offer D. a revocation of an offer6. A foreign buyer cabled that “offer dated 10 Aug. accepted, if 5% commission included”. This is ( )A. an acceptance B. a counteroffer C. an inquiry D. an offer7. Among all the Incoterms ( ) imposes the minimum obligation and cost to the seller.A. EXW B. CIF C. DAP D. DDP8. Among all the Incoterms ( ) imposes the minimum obligation and cost to the buyer.A. CIF B.FOB C. DDP D. EXW9. FOB and CFR share one thing that ( )A. risk is transferred when the goods are loaded on board the vesselB. they can be used in any mode of transportC. the seller will be responsible for the unloading at the port of destinationD. none of the above 10. According to the Incoterms 2010 under CIF if the goods get loose from the hook and fall into the sea during the loading stage, ( ) should hold liable for the loss.A. the buyer B. the seller C. the carrier D. both the seller and buyer11. The Incoterms 2010 requires the buyer to handle the import customs clearance except under ( )A. EXW B. FCA C. DAT D. DDP12. Under ( ) term it is especially important for the seller to provide shipment notice to the buyer.A. FOB B. CIF C. FAS D. CFR13. Counter sample can also be called ( )A. duplicate sample B. sealed sample C. confirming sample D. reference sample14. The method suitable for measuring the weight of the importing wool is the ( )A. theoretical weight B. conditioned weightC. weight settled by the buyers and sellers D. dry net weight15. According to UCP600, “about” allows the quantity to be ( ) more or less.A. 3% B. 5% C.10% D. 15%16. A credit stipulates that the quantity of the bulk cargo is 1000M/T and total amount is USD0.9 million. It shows no “more or less clause” and partial shipment is not allowed. According to the UCP600, ( )A. the quantity and total amount of the goods delivered should not increase or decrease.B. the quantity and total amount of the goods delivered can be 10% more or less.C. the quantity and total amount of the goods delivered can be 5% more or less.D. the quantity and total amount of the goods delivered can be 5% more or less, while the total amount cannot exceed USD0.9 million.17. A bill of lading is ( ) when its date of shipment is indicated earlier than the actual time of shipment.A. stale BL B. confirmed B/L C. ante-dated B/L D. straight B/L18. In the import and export business, ( ) can be made out to negotiable document.A. rail waybill B. ocean B/L C. air waybill D. parcel post receipt19. A “freight to be collected” B/L is acceptable to the buyer when the contract is based on ( ).A. FOB B. CFR C. CIF D. CPT20. An order B/L with blank endorsement is a B/L showing ( ).A. neither the name of consignee nor the name of transferor.B. neither the name of consignee nor the name of transferee.C. both the name of consignee nor the name of transferor.D. both the name of consignee nor the name of transferee.21. A(n) ( ) B/L refers to the one that is made out to a designated consignee.A. straight B. order C. specific order D. bearer 22. In the case of neutral packing with designated brand, ( )A. neither brand or trade mark nor the country of origin is indicatedB. both brand or trade mark and the country of origin is indicatedC. only brand or trade mark is indicated D. only the country of origin in indicated23. The most commonly adopted way of stipulating weight in international trade contract is ( )A. gross weight B. net weight C. theoretical weight D. tare weight24. According to international trade practice, ( ) should provide the shipping marks unless stipulated in the contract.A. the issuing bank B. the sellerC. the buyer D. the carrier25. According to Incoterms 2010, the following terms are applicable to any code of transportation EXCEPT ( )A. DDP B.EXW D. FCA D. FAS本题得分.True or false statements (20 points)12 3456789101112 13141516171819201. All marks on the shipping packages are officially termed as “shipping marks”.2. Under CIF the seller has to purchase insurance, therefore he has to bear the risk during the ocean transport.3. Both DAT and DAP should be followed by named places of destination.4. If the seller delivers goods with quantity greater than that stipulated in the contract, according to CISG, the buyer may take delivery or refuse to take delivery of all the goods.5. There are various ways in expressing quality in trading. In order to clear the responsibility, we should adopt sale by sample and sale by specification.6. If an effective offer is accepted unconditionally, a contract can be achieved.7. All the terms starting with a “D” are arrival contract terms and they all indicate actual delivery.8. Offer and counteroffer are two essential stages in the communication of price.9. If the quality of goods delivered by the seller is not in accordance with the contract, the buyer has the right to ask for compensation for the loss but cannot declare the contract void.10. Quality difference within the agreed quality latitude or tolerance will not give rise to the increase or decrease in price unless stipulated otherwise.11. In order to meet the demand in the international market, we should make efforts to conclude business according to the buyers sample.12. UCP600 stipulates that partial shipment and transshipment are allowed unless it is stipulated otherwise.13.Time of shipment and time of delivery can always be used interchangeable.14. Under the term CIF, the seller has to contract for carriage and insurance, bearing the risk of loss or damage to the goods or additional costs due to events occurring after shipment or dispatch.15. In accordance with the international practice, unless the contract stipulates otherwise, the more or less part will be priced at the contract rate.16. Demurrage is usually half of dispatch.17. There is no doubt that one ton equals to 1 000kg.18. If the sales contract contains provision contrasting to the definition of the Incoterms used, as far as the provisions are legally recognized by relevant laws and regulations, they will be valid.19. FOB, interpreted in any sense, always requires the seller to handle the export customs formalities.20. Sometimes when the buyer cannot determine a specific port of discharge during negotiation, he may require two or three ports to be written on the contract as optional ports.本题得分 .Calculation (25 points)1. An inquiry for boots from an Ireland company to Jiqing export company，(15 points)Quantity:6000 piece，Purchase cost（购货成本）: RMB90 /pair（include 17 VAT）， Tax refund rate: 14Inland transport charges: RMB12000 Commodity certification charges:RMB350Export clearance charges: RMB150Warehousing charges: RMB900Other charges: RMB1500Purchase goods from bank loans for 2 months, Annual interest rate 8%Freight charge from Qingdao to Hamburg: USD 3800，Insurance:110% of CIF transaction price, premium rate 0.85Commission:3 of transaction priceExpected profit:10 of transaction priceUSD1=RMB8.25。(1)Please offer CIFC3% (USD price per piece)(2) Write the unit price term of CIFC32. Calculate Export cost for foreign exchange(ECFFE)，and judge a profit or loss. (5 points)Fitness chair quantity:1000 setsUnit price:USD16.57 per set CIF New YorkAmount:USD16570(freight:USD2160; insurance premium:USD112) Purchase cost（购货成本）:RMB117/set（include 17 vat），tax refund rate 14 USD1=RMB8.32Fixed cost rate:10% 注：费用定额率为10%（按含税购货成本计）3. The price quoted by an exporter was “USD100 per case FOBC5% Shanghai”, for 100 cases of Commodity A. The importer requested a revised price CIFC5%. If the size of each case was 25cm20cm20cm, gross weigh was 15kg per case, freight basis was W/M, USD200 per freight ton, plus USD10 per M/T bunker adjustment factor and 10% port surcharge. The importer also requested for 10% above CIF price for WPA and War risk, the rate of premium was 1.2%. How much is the freight? (5 points)本题得分.Case studies (30 points)1. A contract to sell grain used a CFR term. The grain was officially certified as “Grade One” at the time of being delivered on board at the port of shipment. After making the shipment, the seller gave the buyer timely notice. However, due to the long voyage, some grain could only be sold as “Grade 3”. Consequently, the buyer claimed compensation for the damage. Should the seller pay?2. On Nov. 20th, Lee Co. offered to sell goods to Dee Inc. at USD500 per case CIF London, “offer valid if reply here 11/27.” On Nov. 22nd Dee cable back, “Offer accepted if USD480 per case.” As Lee was considering the bid, the mark price went over USD500. On Nov. 25th, Dee cabled an unconditional acceptance of Lees initial offer. Could Lee reject Dees acceptance?3. Y Company signed a contract to export red d