Exporting is an extension of trading with the customer living in another country. (Pl
ease judge the statement according to the information of lessen One. Choose “True” if you believe it is true or “False” if not.)()
此题为判断题(对,错)。
ease judge the statement according to the information of lessen One. Choose “True” if you believe it is true or “False” if not.)()
此题为判断题(对,错)。
judge the statement according to the information of lessen One. Choose “True” if you believe it is true or “False” if not.)()
此题为判断题(对,错)。
The Basics of Import and Export
Importing and exporting is transferring goods from one country to another while paying attention to the laws and requirements of bringing goods out or into that country. If you want to import in large quantities for commercial purposes, you’ll need to have the consent of the local customs department and the right paperwork. Import and export are the basics of international trade. If you are looking forward to starting your own business in the field of importing and exporting business then here are some tips for starters.
Foreign embassies provide nice programs and a great deal of information about their goods to promote exporting. You can find out exactly what it is you are looking to buy. If you are exporting, you can approach your local department of trade and see what plans they have on offer to promote exports. Besides, you should consult the tax department to find out if there is a particular process to setting up an importing and exporting company and what documentation you will require. It is also necessary that you find out about any licensing requirements for importing and exporting of goods. Some countries do not allow their goods to go to a certain country and vice versa, this is known as an embargo. In this way, you can make sure that there are no embargoes with the country you are looking to trade with.
1. International trade refers to both import and export.
2. Only after the local customs department agrees, could you start your own business in the field of import and export.
3. Foreign embassies do nothing to help promote exporting.
4. If you are exporting, you can turn to no one for help.
5. Some countries do not allow their goods to go to a certain country.
g and exporting umbrella products.()
A.are
B.specializes
C.in
D.importing
Assume that Norway and Sweden trade with each other, with Norway exporting fish to Sweden, and Sweden exporting Volvos (automobiles) to Norway. Illustrate the gains from trade between the two countries using the standard trade model, assuming first that tastes for the goods are the same in both countries, but the production possibilities frontiers differ: Norway has a long coast that borders on the north Atlantic, making it relatively more productive in fishing. Sweden has a greater endowment of capital, making it relatively more productive in automobiles.
带有质押的融通汇票
A Revolving Acceptance Credit covering exports from the UK to Australia opened in favour of The Exporting Company by an accepting house, William Caxton & Company-Secured.
(1)开立循环的承兑信用额度证
William Caxton & Company
To: The Exporting Company London, 15 Feb., 200×
London, E. C. 2.
Dear Sirs,
Revolving Acceptance Credit No. 3254
In response to your application, we have pleasure in opening a Revolving Acceptance Credit facilities at your disposal to the extent of GBP100,000.00 (say one hundred thousand pounds) to assist in the financing of your export to Australia, subject to the following terms and conditions:
This credit is available by your drafts on ourselves at ninety days after sight, which are to be marked "Drawn under Acceptance Credit No. 3254 against shipment of goods to Australia".
At or before time of drawing on us, you are to deposit with us as security, and for collection under our existing arrangements with you, your draft at a determinable future time not exceeding 90 days on your buyer in the importing country, accompanied by full shipping documents, the total amount of such draft is to exceed the respective drawing on us by not less than 10%.
As and when proceeds of collection become available, they will be applied by us in cover of our outstanding acceptances.
All drafts are to be covered by you in cash with us at or before their respective maturity dates but the credit being revolving, when and to the extent that drafts are so covered, the facility automatically becomes available again.
Our commission for accepting your draft will be at the rate of 1.5% per annum, i.e. 3/8% on draft at 90 days after sight. In addition, collection commission and incidental expenses will be payable by you.
This credit will expire on 15 Feb., next year, and all drafts on us must be drawn and accepted not later than that date.
For and on behalf of
William Caxton & Co., London
signatureDirector
(2)开立托收汇票
The Seller, The Exporting Co., London who has sold agricultural tractors to the buyer, The Overseas Importing Co., Brisbane issued a collection bill on 20 March, 200× to be drawn on the buyer at 60 days after sight for GBP7,700.00 payable to the order of William Caxton & Company marked the words " Drawn under sales contract No. 27358 against shipment of agricultural tractors from London to Brisbane for collection ".
Please draw a collection bill to meet the above requirements in the form as follows:
Exchange for ______ ______
__________________ pay to the order of
________________________________________________ the sum of
____________________________________________________________
Drawn ______________________________________________________
____________________________________________________________
To __________________ For __________________
__________________ __________________
(3)开立融通汇票
The Seller wishes to make use of Acceptance Credit No. 3254, since he has issued a collection bill which would entitle him to draw on William Caxton & Co. a bill dated on 22 March, 200× for the sum of GBP7,000.00 payable at 90 days after sight to drawers' order marked "Drawn under Acceptance Credit No. 3254".
Please draw an accommodating bill on William Caxton & Co., London duly endorsed in blank by the payee. Suppose the bill was accepted by the drawee on 23 March, 200× payable at Barclays Bank Ltd., London. Please accept the bill and specify its due date.
(4)要求代收托收票款和承兑融通汇票,提示贴现公司要求贴现
You will send these two bills together with the shipping documents to William Caxton & Co. with a letter which will be written by you in the form as follows:
To: William Caxton & Co.,
London 20 March, 200×
Dear Sirs,
Revolving Acceptance Credit No. 3254
We enclose here with the full shipping documents covering a shipment of ______ to The Overseas Importing Co., Brisbane. We also enclose our ______ days sight bill drawn on the importer for ______. Would you kindly forward these to your agents at ______, and arrange for the presentation of the bill to the importer for ______, and later for collection at maturity, and remit the proceeds to ______.
Under the terms of the above credit, we also enclose our ______ days sight bill drawn on you for ______. After acceptance, we should be grateful if you would kindly hand this bill to Gillett Brother's Discount Co. Ltd. for
We should be glad if you would debit our account with your acceptance commission.
Yours faithfully
The Exporting Company
signature
You will send a copy of this letter to Gillett Brother's Discount Co. Ltd. with a covering note as follows:
To: Gillett Brother's Discount Co. Ltd.,
20 March, 200×
Dear Sirs ,
We enclose a copy of the letter which we have sent to William Caxton & Co. today. Will you please pay the net proceeds to Barclays Bank Ltd., London for credit of our account.
Yours faithfully
The Exporting Company, London
signature
(5)计算贴现金额,制作贴现说明书
Please calculate the discount using the formula as follows:
V=face value of the bill=GBP7,000.00
t=tenor in days=90
N=discount number
d=discount rate in ×% per annum=9
D=amount discounted
v=present value of bill (after deduction of amount discounted from the face value)
______
v=V-D=______
Use the given numbers in formula D and v to calculate amount discounted and net proceeds.
When Gillett Brother's Discount Co. Ltd., have discounted the bill, they will send a discount statement to The Exporting Company. Please make out a discount statement filling particulars in the form as follows:
[
Gillett Brother's Discount Co. Ltd.,</strong>]
To: The Exporting Company, London, 21 March, 200×
London
We have pleasure in confirming the purchase of the bills listed below. In accordance with your instructions, the net proceeds. have been paid to Barclays Bank Ltd. London for the credit of your account.
Discount and net proceeds | Due date | Tenor in days |
Face value GBP ______ | ______ | ______ |
Less discount at 9% per annum ______ | ||
Net proceeds GBP ______ |
Per Pro
Gillett Brother's Discount Co. Ltd.,
signatureManager