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homework -国际贸易实务课后题
Homework of Chapter 3 --Term of Intl. Trade I. True or False. For the false statement, please state the specific reasons. 1) Price terms are mainly applied to determining the prices of commodities in international trade. ( F Price term is used to indicate the international trade import and export commodity price structure, both parties shall bear their respective responsibilities, the share of the cost borne and risk transfer of ownership and term.) 2) As an exporter, you concluded a deal with an American on basis of EXW; then your transaction risk is reduced the minimum degree. ( T ) 3) On CIP terms, the seller must pay the freight rate and insurance premium as well as bear all the risks until the goods have arrived at the destination. ( F This term obliges the seller to contract for insurance and pay the insurance premium for the carriage of the goods in addition to whatever should be covered under CPT. The transfer of risk happens when the seller delivers the goods to the carrier he chooses at the place of shipment.) 4) DES means that the seller must deliver the goods to the buyer at the destination on his own charges and at his own risks. ( T ) 5) If you have signed a contract with a Japanese buyer on the basis of FOBST, you must be responsible for stowing and trimming the goods at your own expense. ( T ) 6) CFR Landed in indicate that the seller must guarantee the arrival of the goods at the destination without any damage. (F The seller is only responsible for covering the transport charges under the contract of carriage, the ocean freight and any other handling charges due to contingencies or not included in the contract of carriage would fall upon the buyer.) 7) The main difference between a CIF contract and a DES contract lies in the fact that former is a symbolic delivery of goods, whereas the latter is a physical delivery of goods. (T ) 8) The common feature of an FOB contract and an FAS contract is that
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