国际结算复习教案分析.docx

I. True or false 1. Without bank’s participation, modern int’l trade payment system would not exist any more T 2. The essence of both buyers and sellers concern is whether the counterpart fulfills the contract T 3. Int’l settlement and trade payment is a theory rather than a practice F 4. Int’l settlement can only be used in visible trade F II. What do the following abbreviations stand for? 1. ICC  HYPERLINK /search?word=%E5%9B%BD%E9%99%85%E5%95%86%E4%BC%9Afr=qb_search_expie=utf8 \t _blank 国际商会The International Chamber of Commerce 2. FDI Foreign Direct Investment外商直接投资 3. FX Foreign Exchange 外汇 4. FAS Free Alongside Ship 船边交货条件 5. FOB FREE ON BOARD 装运港船上交货条件 6. CIF COST, INSURANCE AND FREIGHT 成本加运保费交货条件 7. SWIFT The Society For Worldwide Inter-bank Financial Telecommunications(环球银行间金融电讯协会) 8. CNY China Yuan 人民币 9. GBP Great Britain Sterling Pound 英镑 10. JPY Japanese yen 日元 11. HKD Hong Kong dollar 港币 12. AUD Australian Dollar,澳元 13. SGD 新加坡元Singapore dollar 14. NZD 新西兰元New Zealand dollar 15. CAD 加拿大元Canada Dollar A. Term explanation 1. draft a bill of exchange, esp. any bill before it has been accepted, or a bank bill, or a sight bill, or an inland bill. Any written order to pay money 2. acceptance act of accepting responsibility for paying the value of a bill) 3. guarantee a 3rd party to a draft, the guarantor, who promises to pay the draft when presented if it’s a sight draft or to accept when presented and to pay when it is due if it’s a time draft When it is dishonored by non-payment or non-acceptance, the guarantor becomes reliable for the draft 4. protest a formal declaration in writing made by a notary public, witnessing recording the dishonor of a draft or promissory note 5. right of recourse the right of the payee or holder of a draft that is dishonored at its maturity to demand payment from the other parties, such as the drawer or an endorser, unless these parties have written the words without recours