Ⅶ.问答(15分)

    (1)The purpose of Incoterms is to 1)provide a set of international rules 2)for the interpretation of the most commonly used trade terms 3)in foreign trade.Thus,4)the uncertainties of different interpretations of such terms in different countries 5)can be avoided or 6)at least reduced to a considerable degree.Examples:7)FOB,short for Free On Board.It means that the exporter makes delivery of the goods on board the ship without the responsibility for the insurance cover and transportation.8)CIF,short for Cost,Insurance and Freight.It means that the exporter is responsible for the arrangement of insurance cover and transportation before delivering the goods.

    (2)9)In the case of documents against acceptance(D/A),10)documents are handed over to the importer 11)upon his acceptance of the bill of exchange drawn by the exporter.12)Payment will not be made until a later date.13)D/P after sight gives the importer a certain period after presentation of the documents,14)but documents are not released to him until he actually pays for the merchandise.15)D/P after sight is safer than D/A.