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国际商务英语

115eBay takes the ancient practice of auctioning goods to the worldwide web， where sellers put items up for auction and interested parties place their

116Items that can be auctioned on eBay range from toys， books and vacuum cleaners to cars， houses and

117In 2014， Alibaba Group held its IPO in

118Through the process of IPO， a privately held company is transformed into a company

119In the initial stage of Alibaba， the threshold was taken to attract companies for free membership

120is the oldest and fastest-growing form of e-commerce， which allows e-business to collaborate， partner， and share research and complex data with other businesses

121In international cargo transport， the consignee is the（）

122Forwarding agent acts on behalf of the（）

123（）is the most widely used mode of transportation in international trade

124A voyage charter specifies a period for loading and unloading the cargo， and this period is known as（）

125Air transport is not suitable for transporting（）

126The movement of one unit load from origin to destination by several methods of transportation without breaking up the unit load is called（）

127Shipping the commodity under one contract in more than one lot is（）

128Straight B/L has a specified name in the column of（）of the B/L

129（）has only the name of the endorser on the back of the B/L and does not specify the endorsed

130In international cargo transport， the shipper must be the seller。

131Usually， the buyer or seller arrange the shipment of their cargo by themselves。

132A shipment require only one carrier。

133Liner transport follows a regular route according to an advertised time-table。

134Containerization is only suitable for ocean carriage。

135LCL is a shipment that is not large enough to fill a standard cargo container to its full capacity。

136Port of destination is the port where goods are shipped and depart。

137Transshipment the goods have to be transferred from one ship to another at an intermediate port。

138A bill of lading is both a receipt for merchandise and a contract of Carriage。

139Order B/L can be transferred with or without endorsement。

140If the seller finds some discrepancies in the Letter of Credit， whom does he or she write to asking for an amendment？（）

141We heard that the company had（）several drafts so we decided not to deal with them（）

142The exporters were willing to grant 3 months’ credit so they draw a draft at 90 days after（）

143They（）the bank to let the agent clear the goods

144We should be pleased to send you a sample（）our own expense

145Any alteration in design would mean re-setting our machines， and the cost of this would be prohibitive（）you could place an order for more than 5，000

146Thank you for your remittance of US $ 2，15000（）the 70% freight due under Invoice No22B/96

147The discount of 5% agreed on was granted only（）no balance was outstanding from previous account

148When submitting our quotation， we suggested that the relevant L/C（）as early as possible

149An L/C should be opened（）our favor available by documentary draft（）sixty days’ sight

150We will draw（）you by our documentary draft at sight on collection basis

151Please extend this letter of credit， which expires（）January 25

152If the amount exceeds that figure， payment（）L/C will be requireD

153International payments are financial activities conducted among different countries in which funds are（）from one country to another in order to（）relations of debts

154Applicant（Buyer） fills out and signs an application form，（）the bank to issue a credit in favor of the beneficiary（seller） abroaD

155When the holder of a draft wants to pass its title to another person， he should（） the draft and deliver it to the endorsee

156Acceptance of a draft is a signification by the drawee of his assent to the order given by the drawerHe engages， by signing his name across the face of the bill that he will pay when it falls（）

157Act of dishonor is a（an）（）to make acceptance on or payment of a draft when it is（）

158A letter of credit is a written undertaking by an issuing bank given to the seller（beneficiary） at the request， and on the instruction， of the buyer（applicant） to pay at sight or at a determinable future date up to a stated sum of money， within a prescrib

159What is not included in foreign exchange according to the Foreign Exchange Control Regulations of the People；s Republic of China（Amended in 2008）？

160An asset；s（）describes the asset；s ability to sell quickly without having to reduce its price to a significant degree

161How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 150 dollars per British pound？

162When Chinese yuan appreciates， China；s（）

163In a direct quotation， if the foreign currency is appreciating， the exchange rate（）

164For an indirect quote， a lower exchange rate indicates that the domestic currency is（）

165In order to prevent home currency from appreciating， a central bank need（）

166Japanese yen is not a SDR currency。

167People are only able to exchange currencies in foreign exchange market。

168Foreign exchange market is open 24 hours a day， 5 days a week。

169There is a unified and central location for currency trading。

170Currency quotations involving the Japanese yen are quoted to four places after the decimal。

171For banks， bid price is higher than ask price。

172Under a floating exchange rate， the government or central bank ties the official exchange rate to another country；s currency or to the price of golD。

173A fixed rate system may limit a central bank；s ability to adjust interest rates as needed for economic growth。

174Companies can raise capital through debt financing and equity financing。

175Stock markets are divided into primary market and secondary market。

176IPO is when a company’s stocks are sold to the public for the first time on the secondary market。

177The Shanghai Stock Exchange is the first electronic market in the worlD。

178Market cap is the total value of tradable shares of a listed company。

179In a bear market， investors tend to be pessimistic about market performance。

180A limit order can be devided into sell limit order and buy limit order。

181EPS is short for Earnings per Share。

182EPS is the ratio of a company；s stock price to the company；s earnings per share。

183A bull market is an unfavorable one which is characterized by falling prices， investor pessimism and economic slowdown。

184Wilshire 5000 Total Market Index is a benchmarkfor small-cap stocks in the United States。

185A buy limit order can only be executed at the limit price or lower。

186Earnings per share（EPS） represents current earnings while price to earnings ratio represents future earnings。

187EPS is usually measured on a monthly basis。

188Common stockholders are entitled to the following except（）

189Which of the following factors can influence stock prices？（）

190Company ABC has a share price of $10 with 30，000 shares outstandingSo what is the market capitalization of Company ABC？（）

191What can be traded on the secondary market？（）

192Which of the following is the regulatory authority of securities market in China？（）

193Without insurance， international trade is simply impossible to take place。

194Perils of sea only involves natural calamity。

195Constructive total loss occurs when the vessel or cargo is damaged beyond repair。

196General average refers to the situation when extraordinary sacrifices or expenditures have to be made in order to preserve the imperiled property。

197Partial loss or damage is never recoverable with FPA。

198All of the following are benefits to society that result from insurance EXCEPT（）

199A group of farmers agreed that if any farmer suffered a property loss， the loss would be spread over the entire groupIn this way， each farmer is responsible for the average loss of the group rather than the actual loss that the farmer sustainedWhich cha

200All of the following are characteristics of insurance EXCEPT（）

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