What are the characteristics of settlement by L/C . ( )
A. the bank’s credit
B. the self-sufficient instrument
C. the deal with documents
D. the commercial credit
A trade barrier is a general term that describes any government policy or regulation that restricts international trade. The barriers can take any form, including ( )
A. import duties, import licenses
B. export licenses, import quotas
C. tariffs, subsidies
D. non-tariff barrier to trade
In Incoterms 2010, which terms can be used only for sea and inland waterway transportation? ( )
A. FOB
B. CIF
CFR
D. FAS
According to the CISG, the general procedures for business negotiations may includes some steps, they are:( )
A. enquiry
B. offer
C. counter-offer
D. acceptance