第1页共10页编号:时间:2021年x月x日书山有路勤为径,学海无涯苦作舟页码:第1页共10页Chapter1BriefIntroductiontoInternationalTrade
Fillintheblankstocompleteeachsentence
Aninternationalsalescontractisnotmerelyadocumentsettingforthquantity,price,deliveryarrangementoftheproduct;itmustalsotakeintoaccountthelocallegalsystemandpoliticalandexchangerisksinthecountryinvolved
Settlementoncommercialcreditusuallyincludespaymentinadvance,openaccount,remittanceandcollection
Settlementsonbankcreditincludeletterofcreditandbankguarantee
Tradetermsarealsocalledpricetermsanddeliveryterms
WhiletheEXW(ExWorks)termsrepresentstheminimumobligationfortheseller,DDPrepresentsthemaximumobligationa
Paymentinadvanceismostadvantageoustotheseller
Openaccountisleastadvantageoustotheseller
Collectioncanbedividedintodocumentarycollectionandclea