I. Match the words and expressions on the left with the explanations on the right:( 5 %)

( ) 1. revenue　( ) 2. innovation 　( ) 3. dubious ( )4. insolvent ( ) 5. drawback

A. duties paid on imported goods that are refunded when reexported

B. doubtful, uncertain, questionable

C. unable to pay debts

D. not to do something that has been arranged or decided upon

E. the total annual income of a state

F. introduction of something new

G. sponsored by

II. Translate the following words and expressions: (10 %)

(i) From English into Chinese

6. confirming bank

7. the validity period

8. contract carrier

9. risk transfer mechanism

10. financial resources

(ii) From Chinese into English

11.有价保单

12.大额存单

13.套期保值

14.私营经济

15.国际经济新秩序

III. Make brief explanations of the following terms and give the full name of the following abbreviation in English :( 20 % )

16. beneficiary

17. consular visa

18. Incoterms

19. contribution

20. the most favoured nation clause

IV. Fill in each of the following blanks with an appropriate word from the fist(You can only choose 10 from the following 12 words in the square). ( 10 % )

In case countries engaged in foreign trade have no (21) to sea or when they are neighbors, (22) transportation naturally takes a prominent position. Today trucks carry an ( 22 ) amount of goods. This method of shipping has the advantage of picking up and delivering small or large shipments anywhere as business (24) . Trucks are not limited to (25) schedules as are the railroads and airlines. Trucking companies often work together with the (26) "

in moving goods though they are (27) . Goods may be loaded in a trailer at a business. Then the trailer is driven to the railroad station and loaded on a flatcar that will transport it to its (28) . When it arrives at its destination, the trailer is unloaded ,hitched up to a truck, and moved to the (29) business. Piggyback(驮运联运)is the (30) used to describe this service.

V. Translate the following into English: ( 25 % )

31.就出口商而言，即期付款交单比远期付款交单有利，付款交单比承兑交单有利。

32.国际收支平衡对外汇的供求状况有着直接的影响。

33.已装船提单表明货物已实际装上开往目的港的承运船只。

34.企业投保的主要刺激是他们可以腾出资金，进行其他项目的投资。

35.补偿和应急基金贷款旨在促进国际货币基金组织支持其会员国以经济增长为导向的调整。

VI. Translate the following into Chinese:( 15 %)

36. Freight forwarders act , first, as your agent in moving your product overseas. Second ,they are knowledgeable about customs duties, documentation, credit transaction, and insurance in addition to their fundamental role of moving your goods from one point to an-other. Professional international freight forwarder and instructor do for cargo what travel agents do for passengers. There is no law says that you must use freight forwarder. Just like the airlines or advertising, you can book your own ticket or buy media space directly. Freight forwarders operate like travel agents and advertising agents who, in those cases , receive their commissions from airlines and the media. Freight forwarders receive their commissions from steamships.

VII. Answer the following questions in English: (15%)

37. Give the major items of the contract proper.

38. What are the main principles of insurance?

　　参考答案

I.1.E 2.F 3.B 4.C 5.A

11.(i)6.保兑行7.有效期8.契约承运人 9.风险转移机制 10.资金

(ii) 11. valued policy 12. certificate of deposit 13. hedging 14. private business15.new international economic order

III.16. The exporter in whose favour the credit is opened is called the beneficiary.

17. A consular visa is a visa signed by one country’s, consul in another country when the visaed subject is about to gothrough the customs between these two countries.

18. Incoterms are short for international rules for interpretation of trade terms, the purpose of it is to provide a set of international" rules for the interpretation of the most commonly used trade terms in foreign trade. Thus, the uncertainties of different interpretations of such terms in different countries can be avoided or at least reduced to a considerable degree.

19. A person cannot be allowed to insure twice for the" same risk, and claim compensation from both insurers. If two policies do cover the same event the insurance companies contribute pro rata to the loss, and the insured is only re-stored to the indemnity position.

20. It is the most effective method to avoid the damage by bilateral talks to the world trade. Countries that can enjoy it can automatically enjoy the favorable tariffs given by the relevant countries to the other countries.

IV 21. access 22. overland 23. increasing 24. demands 25. fixed 26. railroads 27. competitors28. destination 29. consignee’s 30. term

V.31. So far as the exporter’ s interest is concerned,D/P at sight is more favorable than D/P after sight’and D/P is more favorable than D/A.

32. International balance of payment has a direct bearing on the supply and demand .of foreign exchange.

33. An on board bill of lading indicates that the shipment has been actually loaded on the carrying ,essel bound for the port of destination.

34. The main stimulus to the enterprise is the release of funds for investment in the production of other items.

35. Compensatory and Contingency Financing Facility is intended to enhance the Fund’s.support to member countries in their economic growth-oriented adjustment.

Ⅵ.36.运输代理，首先是作为你的代理人向海外运输货物;其次，除运输货物的基本作用外，他们还熟悉关税、单证、赊购交易和保险业务。职业的国际运输代理和运输指导像旅行社对待旅客一样处理货物。没有法律规定必须使用运输代理。，就像乘飞机和做广告一样，你可以直接订票和购买广告播出时间，也可委托旅行社和广告代理商进行。运输代理就像旅行社和广告代理商一样开展工作。所不同的是，后两者从航空公司和广告公司收取佣金，而运输代理则是从运输公司收取佣金的。

VII.37. The contract proper includes: A. the full name and address of the buyer and the seller. B. the commodity involved including quantity, quality ,specification, packing, etc. C. all the terms and conditions agreed upon such as the price, total amount, terms of payment, transportation, insurance, etc. D. indication of the number of original copies of the contract, the languages used, the term of validity and possible extension of the contract.

38. ( 1 ) Insurable interest holds that no one may insure anything unless he has an interest in it, which means that if the thing insured is preserved he will derive a benefit from its preservation ,but if it is in any way damaged or lost the assured will be adversely affected.

(2) Every contract of insurance requires an insurable interest to support it, or otherwise it is invalid and any claim made upon it will not be entertained.

(3) Utmost good faith is a very important principle. The people who decide .what premium is fair for a particular cover do so on the basis of written statements made in a proposal form. If this statement is untrue, then the premium agreed on will not be a fair one.