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TP ON VIN THNG QUN I TRUNG TM O TO VIETTEL

CNG HA X HI CH NGHA VIT NAM c lp - T do - Hnh phc H Ni, ngy thng nm 2013

NGN HNG CU HI V NGHIP V NGOI THNG


(QUESTION BANK ABOUT TECHNIQUES OF FOREIGN TRADE - INCOTERMS)
Dng Nghip v cp 1 Ni dung cu hi cu hi Nghip v ngoi Incoterms are defined by thng Nghip v ngoi In Documentary Collection: thng Match the definition with the incoterms: "The seller pays the transport costs up to the port of Nghip v ngoi shipment. He bears the risk until thng the goods have passed the ship's rail at the port of shipment." Nghip v ngoi What does CIF include? thng p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n International Chamber of Commerce (ICC) The Importer is the Drawee World Trade Organization (WTO) The Exporter is the Drawee Director General of Foreign Trade (DGFT) Depends upon undergoing transaction

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CIF

EXW

FOB

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transport cost and insurance ... the goods don't belong to anybody as long as they are alongside the ship. free orignial barbecue The buyer makes the goods available at his premises.

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Nghip v ngoi thng Free alongside ship (FAS) means that Nghip v ngoi What does FOB stand for? thng Nghip v ngoi Which of the statement(s) about thng EXW is (are) true?

insurance and customs duty ... the buyer is responsible for the ... the goods have to be transportation of his delivered by sailboat. goods as soon as they are being loaded aboard. for billing free on board

transport costs and customs duty

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The seller makes the The seller pays the goods available at his transport costs up to the premises. port of shipment

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Nghip v ngoi Which terms apply to DDP? thng

The seller pays insurance and transport costs up to the port of destination. DDP CIP EXW

The seller pays all costs, including customs duty.

The buyer has to cover all the costs, including marine insurance and customs duty. EXW DAT CIF

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Nghip v ngoi Which terms are cheapest for the thng seller? Incoterms 2010 that apply to sea Nghip v ngoi and inland waterway transport thng only: Nghip v ngoi Incoterms 2010 that apply to any thng mode of transport are: The seller must deliver the goods to a carrier appointed by the Buyer and located in the sellers country and from thereon the buyer Nghip v ngoi arranges insurance against damage thng to the goods in transit. Which Incoterm(s) imply this condition? Nghip v ngoi What does INCOTERMS stand thng for? Nghip v ngoi What factors affect the volatile thng exchange rates? Nghip v ngoi How many kinds of methods thng indicates the exchange rate? Nghip v ngoi The measures guarantee the thng money value: Nghip v ngoi How many types of payment are thng there in trade convection?

CIF FAS FCA

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CIF

FOB

FAS

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Internation Company Terms The fluctuations of financial and monetary markets in the region 8 Gold; currency basket 2

International Commercial Terms Difference of national balance of payments. 6 Currency basket; a strong currency has value stability 3

International Commerce Terms Inflation and purchasing power of local currencies. 4 Gold; currency basket ; a strong currency has value stability 5

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Dng Nghip v cp 1 Ni dung cu hi cu hi Nghip v ngoi Advantages of the method of thng payment in convection trade. Nghip v ngoi thng Nghip v ngoi thng What kind of bill has the highest circulation: Who is the first beneficiary of the draft?

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n To expand export capacity. Target list Draft The drafts drawer . Method of collection payment. Reduce risk in payment Bills of exchange payable to bearer The drafts receiver. Method of delivery receipts immediate receive money

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Mitigate procedures. Orders Draft The drafts drawer and the drafts receiver. Commission payment methods.

Nghip v ngoi CAD is a method of international thng payment for: To ensure safety when applied to Nghip v ngoi L/C transfer, the exporter should thng require that banks identified as:

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TRUE

FALSE

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Nghip v ngoi What is L/C? thng Nghip v ngoi L/C opened is based on: thng Nghip v ngoi L/C provisions expire at the thng location of the seller, is: Nghip v ngoi When is reciprocal letter of credit thng valid? Nghip v ngoi Title: "Bill of exchange" written thng on Bill of exchange paper is: Nghip v ngoi Means of international payment thng includes:

The commercial invoice

Draft

Letter of Credit

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Importer. TRUE Once established. Mandatory

Foreign trade contract. Draft. FALSE When L / C corresponding to it was After 21 days. open. Non mandatory

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Collection mandate.

Expenditure mandate.

Draft.

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Nghip v ngoi Drafts model must: thng

Uniform within a country.

Uniform international scope.

Unified by state banks.

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Nghip v ngoi L/C expiration date is: thng

The latest delivery date

The expiration date of 21 days after delivery document presentation date

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In collection method with Nghip v ngoi document, who will exporter thng transfer all of collection document to? Nghip v ngoi thng Nghip v ngoi thng In collection, commission person is: A bank has confirmed L/C must mend L/C, is

Banks serve exporters

Banks serve importers Directly to the importer

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Importer. TRUE

Exporter. FALSE

The exporter bank

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Nghip v ngoi What is B/L? thng

Bill of lading.

Payment vouchers.

Draft.

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Nghip v ngoi In the method of L / C, who signs thng the draft?

Exporters.

Importers.

Advising Bank.

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Nghip v ngoi To modify the L / C should have thng valid consent of: What is the first step of the Nghip v ngoi advertising process in foreign thng trade? What is the last step of the Nghip v ngoi advertising process in foreign thng trade? Direct export is directly conducted Nghip v ngoi business transactions with foreign thng customers through its organization, is: Export indirect form through the services of an independent Nghip v ngoi organization located in the thng exporting country to which export products to foreign markets, is: Nghip v ngoi Export agent get commissions and thng remuneration from producers, is:

Exporters, importers and bank issues L / C.

Issuing Bank, Confirming Bank (if any) and the beneficiary.

Exporters, importers and banks reported L / C. Determine advertising objective Determine advertising objective

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Select media and set up Build advertising advertising plan content Select media and set up Build advertising advertising plan content

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TRUE

FALSE

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TRUE

FALSE

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TRUE

FALSE

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Nghip v ngoi The brokerage business is a form thng of export agent, is:

TRUE

FALSE

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Foreign trade contracts are Nghip v ngoi agreements between the parties, thng are not required to have business offices in different countries, is: Nghip v ngoi thng Nghip v ngoi thng What type of currency that exporter want to choose? What type of currency that importer want to choose?

TRUE

FALSE

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Tend to increase value Tend to lose value Tend to increase value Tend to lose value The settlement currency. The methods of payment. The methods of payment. Time of payment.

There is no correct answer. There is no correct answer. The settlement currency. Time of payment.

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Nghip v ngoi Payment terms in foreign trade, thng including the following contents: The content of the settlement Nghip v ngoi currency in payment terms must thng be identical to the item price currency, is: Nghip v ngoi Which organization promulgated thng INCOTERMS: Nghip v ngoi Re-export contract is trading thng contract in foreign trade: Nghip v ngoi Lease in foreign trade : thng Nghip v ngoi In the method of L / C, who signs thng to receive the draft:

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TRUE

FALSE American Chamber of Commerce.

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International Chamber The World Bank. of Commerce. TRUE Transfer of use rights and ownership Exporters. FALSE

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Just transfer the right to There is no correct use, without transfer of answer. ownership Importers. Bank opens L / C.

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Dng Nghip v cp 1 Ni dung cu hi cu hi In the method of L / C, bills of Nghip v ngoi lading are usually issued by thng delivery order of whom: Nghip v ngoi How many times is transfer L / C thng transferred? Nghip v ngoi FOB is under tacker, seller must: thng

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Exporters. Not transferred Risk of losing goods until the goods is hooked

Importers. Only once No procedure for import and export clearance

Bank opens L / C. Only twice Not be responsible for renting ship

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Nghip v ngoi Collection command is: thng Bank issues L/C payment to the Nghip v ngoi beneficiary person on the thng condition: Nghip v ngoi Payment methods beneficial to the thng importer is:

Bill of sale Goods received at the port of destination in accordance with L/C

The system of directives implemented Transport Document by the bank Draft issued to banks open L/C Documents produced in accordance with L/C L/C is irrevocable, the mode of payment. Goods not on board right from the contract is signed

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Collection method, the Method of collection; mode of payment. L/C is irrevocable. Goods not on board Goods on board right right from the time the from the time the contract was signed contract is signed.

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Nghip v ngoi Afloat CIF (CIF floating row) thng under this condition:

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CIF FO - CIF free out - in Nghip v ngoi transport charges no fees thng discharge, the seller:

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Nghip v ngoi The purpose of INCOTERMS is: thng

Is not responsible for the cost of cargo ashore Is not responsible for Responsible and cost of and take responsibility the cost of cargo ashore cargo ashore and cost of cargo ashore Clarify the division of Help the buyer and Clarify the division of responsibilities, costs seller to avoid disputes responsibilities, costs and risks in the process and lawsuits, wasting and risks in the process of delivering goods time and money. of moving goods from

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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Nghip v ngoi The way to negotiate transactions thng in foreign trade:

Transactions by mail; transactions through media

Transactions by mail; transactions through direct encounter

Transactions through direct encounter; transactions through media

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Buyers and sellers in foreign trade Nghip v ngoi contracts have different thng nationalities.

TRUE

FALSE

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The object of the contract of sale, Nghip v ngoi there must be movement of goods thng beyond the borders of a country. The broker in the deal will not Nghip v ngoi engage in indirect business thng activities of both buyers and sellers. The agents in the trading part Nghip v ngoi indirectly involved in the business thng of either party. The similarity between brokers Nghip v ngoi and agents in transactions on the thng international market are: Nghip v ngoi Limitations of conventional direct thng sale are: Nghip v ngoi Convection trading is exchange thng which: Nghip v ngoi The balance trading is a type of thng convection trading.

TRUE

FALSE

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TRUE

FALSE

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TRUE

FALSE

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There is no common Both are intermediaries Both partly join the ground between in indirect trading business of either party brokers and agents Business transactions, Fairness and culture, experience and reciprocity. access to information. Goods exchanges money TRUE Goods exchanges goods FALSE On the issue of costs, prices. Goods exchanges money through intermediaries

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Dng Nghip v cp 1 Ni dung cu hi cu hi Nghip v ngoi What is not advantages of thng convection trading? In the documentary credit method, Nghip v ngoi the commitment to pay money to thng the seller / beneficiary is: The nature of international Nghip v ngoi outsourcing is a form of trade thng between: Nghip v ngoi The downside of re-export trade thng is: Nghip v ngoi Payment currency in foreign trade thng relations is: Balance transfer mode (Switch), in which one party transfer Nghip v ngoi obligations acquired from another thng party to a third party to complete their commitments in the future, is the form of convective trading. How many types of certificates of Nghip v ngoi insurance coverage are there in thng foreign trade? Nghip v ngoi Which types of insurance do thng exporters often use? Relating to insurance of goods in foreign trade, the International Nghip v ngoi Chamber of Commerce classified thng insurance conditions. Which condition do Fire or Explosion belong to?

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n The simplicity of operation and application principles. Buyer. Unaffected by exchange rate issues. The person opens L / C. Transaction and payments cost is lower . Bank opens L / C.

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Item - Item

Money - Services

Money - Item

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Sustainability in Re-export parties do Create deep indentation international not gain many benefits. trade balance. transactions is not high. The currency of one country with foreign trade relations Foreign currency for one or both sides Foreign currency on both sides

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TRUE

FALSE

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1 Single trip insurance

2 Coverage insurance

3 Other insurance

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Dng Nghip v cp 1 Ni dung cu hi cu hi Relating to insurance of goods in foreign trade, the International Nghip v ngoi Chamber of Commerce classified thng insurance conditions. Which condition does Earthquake belong to? Nghip v ngoi Payment currency and the thng calculation currency is the same. Nghip v ngoi Currency used to pay is called: thng Nghip v ngoi In the international payment, what thng kind of money is used?

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n

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TRUE Payment currency

FALSE Calculation currency Exchange currency

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National Money; International Currency; International Currency; World Currency World Currency World Currency As a method of payment the seller after delivery to the buyer will take up the documents and transfer all the documents to the buyer receiving goods. Then, new sellers drawer bank draft for collecting money through banks in the purchase (subscription) It is the form that the seller after the delivery of goods to the buyer will sign up and play BCT B / E due to NH collecting money for All choices are correct. her in the condition that the buyer pays or accepts NM B / E BCT Refresh delivery to the buyer if not go to the seller retains BCT.

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Nghip v ngoi Payment methods for Clean thng Collection is:

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Dng Nghip v cp 1 Ni dung cu hi cu hi

p Phng n la chn 1 Phng n la chn 2 Phng n la chn 3 n Buyers are disadvantaged when sellers do not deliver and the deposit is in the seller's bank. Buyers are not entitled to interest rates.

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Nghip v ngoi What is not the restriction of paid thng voucher payment ?

The buyer must have representatives or branches in sellers country.

The fund signed to make a voucher payment, the buyer capital is often held long in the bank.

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Nghip v ngoi Documents in foreign trade goods, thng including:

The commercial Packing paper; The commercial invoice; Packing paper; certificate of quality, invoice; Packing paper certificate of quality, quantity and / or weight quantity and / or weight Letters of credit, money orders, bills of exchange. The bill of lading, insurance certificates, certificates of origin, commercial invoice. Verification of payment Not mandatory but recommended, should not implicitly apply Letters of credit, money orders, commercial invoices. The bill of lading, insurance certificates, certificates of origin, inspection certificate. Letters of credit, commercial invoices, bills of exchange. The bill of lading, insurance certificate, packing document.

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Nghip v ngoi Documents of payments in foreign thng trade including: Documents of delivering and Nghip v ngoi receiving goods in foreign trade, thng include: The first step of the process of Nghip v ngoi implementation of export thng contracts in the ordinary transactions of foreign trade is: Nghip v ngoi INCOTERMS is the product: thng

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Preparation of export Not mandatory but recommended, so the default application

Ask for permission document (if any) Mandatory, so the default application

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HI CH NGHA VIT NAM - T do - Hnh phc H Ni, ngy thng nm 2013

G
Phng Phng n la chn 4 n la chn 5 Foreign Exchange Dealers Association of India (FEDAI) None of the above

RMS)

DDP

FAS

... the seller has to pay for the transport until the goods are being unloaded at the port of destination.

The buyer pays transport costs from the seller's premises on.

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Phng Phng n la chn 4 n la chn 5 The seller pays all the costs and bears the risk until the goods have been delivered on his side of the border. FAS CFR FOB

FCA

There is no correct answer. There is no correct answer. 2 Gold; a strong currency has value stability 7

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Phng Phng n la chn 4 n la chn 5 To expand export capacity and reduce payment risks. There is no correct answer. There is no correct answer. There is no correct answer.

There is no correct answer. There is no correct answer.

All choices are correct.

Bonds.

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Phng Phng n la chn 4 n la chn 5

Depending on the issuer.

The captain

The importer bank

There is no correct answer.

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Phng Phng n la chn 4 n la chn 5

Bank opens L / C.

Exporters, importers. Assess the effectiveness of advertising Assess the effectiveness of advertising

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Phng Phng n la chn 4 n la chn 5

The settlement currency. The methods of payment. Time of payment.

There is no correct answer.

Advising Bank.

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Phng Phng n la chn 4 n la chn 5 Advising Bank. Unlimited number of times All choice are correct.

A demand for payment Documents produced in accordance with commercial contracts Collection method, the mode of deferred payment; L/C is irrevocable. There is no correct answer.

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Phng Phng n la chn 4 n la chn 5 Transactions by mail; transactions through media; transactions through direct encounter

There is no correct answer. There is no correct answer. There is no correct answer.

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Phng Phng n la chn 4 n la chn 5 There is no correct answer.

Advising Bank.

There is no correct answer. There is no correct answer. There is no correct answer.

4 There is no correct answer.

There is no correct answer.

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Phng Phng n la chn 4 n la chn 5

There is no correct answer.

There is no correct answer. National Money

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Phng Phng n la chn 4 n la chn 5

There is no correct answer.

Certificate of quality, quantity and / or weight

There is no correct answer. The bill of lading, insurance certificates, certificates of origin, certificate number and quality of goods. There is no correct answer. There is no correct answer.

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