国际贸易实j务课件第二章.pptVIP

Chapter 2: International Trade Terms Key points: 1.Components of Trade Terms; 2.Incoterms; 3.FOB,CFR,CIF; 4.Examples of Trade Terms in Contracts; 5.Other Trade Terms. Part C: Words and Phrases Question: Why are trade terms so important in international trade? Part A:Text I. Components of Trade Terms 1.Type of Currency 2.Price per Unit 3.Measurement Unit 4.Trade Terms Example: ? 100 per dozen CIF London *Type of currency: How to chose type of currency as a seller and buyer respectively? Answer: In general, hard currency should be chosen for exports and soft currency for imports. *Price per unit includs: the purchasing cost of the goods; inland freight; packing expenses; warehousing; commodity inspection fees; export tariffs and entry fees; agent’s commissions; ocean freight and insurance premium; profit margin. *Measurement unit: 4 types of measurement systems such as: metric system; long system; short system; international system. *Trade term: different trade terms specify rights, obligations, interests between the seller and buyer. II.Incoterms Questions: Which institution stipulated the Incoterms? When was the newest edition published? What are the differences among laws, international pacts and Incoterms? Group E departure EXW-EX Works Group F Main carriage unpaid FCA-Free Carrier FAS-Free Alongside Ship FOB-Free on Board Group C Main carriage paid CFR-Cost and Freight CIF-Cost,Insurance and Freight CPT-Carriage Paid to CIP-Carriage and Insurance Paid to Group D Arrival DAF-Delivered at Frontier DES-Delivered Ex Ship DEQ-Delivered Ex Quay DDU-Delivered Duty Unpaid DDP-Delivered Duty Paid According to which criteria do these trade terms differ from each other? 3 points: Division of risk; Division of freightage, insurance premium Applicable to which kind of mode of shipment III.FOB,CFR,CIF 1.FOB:Free