内容正文:
Unit 17
Terms of Payment
Business Reading
Grammar
Listening
Speaking
Practice Exercises
Homework
Unit 17 Terms of Payment
Business Reading
(1) Self-studying Activity
1. What are the main payment modes in international trade?
Answer
2. What is the most often adopted mode of payment in foreign trade?
Answer
Read the text within 5 minutes with three Pre-reading Questions:
3. When should an L/C be opened?
Answer
2. The most often adopted mode of payment in our foreign trade is Letter of Credit.
1. Remittance, collection and Letter of Credit.
Business Reading
3. The buyers should open a letter of credit
after a contract or confirmation is signed by buyers and sellers.
Write “ T” for true, “ F” for false according to the text.
( ) 1. Payment plays an important part in foreign trade.
( ) 2. The mode of payment for each transaction is to be agreed
upon between the two trading parties after the time of placing
an order.
( ) 3. In international trade, there are mainly three payment
methods: payment in advance, collection and Letter of Credit.
( ) 4. The most often adopted mode of payment in our foreign
trade is Letter of Enquiry.
( ) 5. On an L/C basis, the letter of credit should be opened
usually one month before the time of shipment.
( ) 6. An L/C should be opened by the seller.
(2) Finding faults
Business Reading
T
F
F
F
T
F
(3)Filling Game
Business Reading
1. We’d like to _________ with you.
2. Our _________ of payment is by L/C at sight.
3. They _________ effecting payment by D/P.
4. We agree to make payment on __________.
5. If the quality of the first shipment proves excellent, large order will _________.
6. The more valuable the goods are, __________ freight will be.
7. All the goods are to be _________ in wooden cases.
8. We will ________________ to accept D/P at sight this time.
9. As we have agreed on the terms and conditions, let’s _________