简答题Based on whether the drafts under the credit are accompanied by shipping documents, there are ________. A、Documentary L/C B、Clean L/C C、Transferable L/C D、Non-transferable L/C简答题________ are typical pricing strategies based on market-based pricing method. A、Penetration pricing B、Skimming pricing C、Dynamic pricing D、Limit pricing简答题Under CFR term, the seller is not responsible for delivery to the final destination from the port, or for buying insurance. If the buyer requires the seller to obtain insurance, the Incoterm® ________ should be considered. A、FCA B、FAS C、FOB D、CIF简答题In Incoterms® 2020, ________ replaced ________ which is the only newly named term in the guide. A、DPU, DAT B、DPU, DAP C、DAT, DPU D、DAP, DPU简答题The only difference between DPU and DAP is that while in DPU the goods are delivered ________ and in DAP are delivered ready for unloading. A、loaded B、loading C、unloaded D、unloading简答题Both insurance policy and insurance certificate should state identical information. But different from the insurance policy, an insurance certificate does not set out the terms and conditions of insurance. A、正确 B、错误简答题When using the FOB term, the ________ is required to deliver the goods on board the vessel, while the ________ is required to nominate the vessel. A、seller, seller B、seller, buyer C、buy, seller D、buyer, buyer简答题The importer makes forward payment whereas the exporter makes sight collection from the drawee bank that is responsible for discounting, which is called ________. A、Sight L/C B、Time L/C C、Usance L/C D、Usance Credit Payable at Sight简答题In Incoterms® 2020, CIP requires a ________ amount of insurance than the level required in the 2010 rules. A、lower B、higher C、stable D、flexible简答题If the funds are to be paid immediately or on-demand, the bill of exchange is known as ______. A、a commercial draft B、a credit draft C、a sight draft D、a time draft简答题________ is suitable to those cargoes, which are of high economic value and with unsteady moisture content (whose water contents are not stable), such as wool, raw silk, etc. A、Net weight B、Conditioned weight C、Theoretical weight D、Legal weight简答题The scope of ________ is similar to that of All Risks under CIC. A、ICC (A) B、ICC (B) C、ICC (C) D、Malicious Damage Clauses简答题Compared with Incoterms® 2000, the new terms ________ have been added in Incoterms® 2020. A、DAF B、DAP C、DAT D、DPU简答题Tariff barrier is an obstacle to restricting international trade through non-tax or duty instruments. A、正确 B、错误简答题Unlike a Bill of Lading, an Air Waybill is ________, meaning that it does not specify on which flight the shipment will be sent, or when it will reach its destination. A、negotiable B、non-negotiable C、transferable D、non-acceptable简答题Letter of Credit is a kind of ________, and is known to be one of the safest payment options for importers in international trade transactions. A、commercial credit B、trade credit C、bank credit D、public credit简答题Insurance agents represent insurance buyers, while insurance brokers represent one or more insurance companies. A、正确 B、错误简答题If the cargo is not totally lost, but the actual total loss shall be unavoidable or the restoration fees together with other miscellaneous expenses will exceed the anticipated amount of profit, it is called ________. A、actual total loss B、constructive total loss C、actual partial loss D、constructive partial loss简答题Under “by selection” method, the principle of "care about high not about low" is to be adopted A、正确 B、错误简答题In any insurance contract, ________ is a very basic and first primary principle of insurance. A、Utmost Good Faith B、Indemnity C、Proximate Cause D、Subrogation