201203考试批次《商贸英语》（大作业）

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试   题   卷
Answer the following questions in English.（本大题共10小题，每题10分，共100分；所有题目请用英文答题）
1.        Mention some of the risks the exporter and the importer may face in trade.
2.        Explain briefly the following methods of payment: cash in advance, open account, consignment transactions.
3.         What is the unique feature of the letter of credit? How does it offer security to the buyer and the seller?
4.         What are the main contents of a letter of credit? Mention at least 10 items.
5.         What are the advantages and limitations of the letter of credit?
6.         Explain the difference between revocable letter of credit and irrevocable letter of credit?
7.         What are the major contents of the bill of lading?
8.         Explain insurable interest briefly and give an example to illustrate it.
9.         What are the major factors that may influence the exchange rate?
10.         Illustrate the respective advantages and disadvantages of the flexible exchange rate system and the fixed exchange rate system.