Trắc nghiệm Thanh toán Quốc tế Tiếng Anh HUB

A Documents Against Payment (D/P) B Documents Against Acceptance (D/A) C Cash in Advance (CIA) D Letter of Credit (L/C)

A To avoid all foreign exchange risk B To facilitate payments in currencies where they do not have a direct presence or account C To bypass international regulations and sanctions D To eliminate the need for SWIFT messaging

A The principle of autonomy, where the L/C is separate from the sale contract B The principle of direct negotiation between buyer and seller C The principle of conditional payment based on goods inspection D The principle of unilateral cancellation by the applicant

A The seller is not responsible for insurance B The seller is required to obtain minimum cover insurance against the buyer's risk of loss or damage to the goods during carriage C The seller must obtain comprehensive 'all risks' insurance D The buyer must arrange and pay for all insurance

A FOB (Free On Board) B EXW (Ex Works) C DDP (Delivered Duty Paid) D CIF (Cost, Insurance and Freight)

A The Importer (Buyer) B The Issuing Bank C The Exporter (Seller) D The Shipping Company

A To replace UCP 600 entirely B To provide detailed guidance on how to examine documents presented under an L/C, promoting consistency in practice C To establish rules for interbank transfers only D To define the types of goods that can be traded under an L/C

A Cash in Advance B Letter of Credit C Open Account D Documentary Collection

A Documentary Collection B Letter of Credit C Wire Transfer (T/T or SWIFT transfer) D Promissory Note

A The terms of sale for goods and services B The rules for Letters of Credit (L/Cs) C The regulations for foreign exchange markets D The legal framework for international arbitration

A A method for settling trade disputes B The sale of an exporter's accounts receivable (invoices) to a third party (the factor) at a discount, often with non-recourse C A type of short-term loan collateralized by inventory D An insurance policy against political risk

A It guarantees immediate payment upon shipment B It adds the undertaking of a second bank (the confirming bank) to honor or negotiate the L/C C It removes the need for any documentation D It converts the L/C into an open account transaction

A The Advising Bank B The Confirming Bank C The Issuing Bank D The Nominated Bank

A In an L/C, the bank undertakes payment, whereas in a Documentary Collection, banks only act as collecting agents without payment undertaking B An L/C requires physical inspection of goods, while a Documentary Collection does not C A Documentary Collection offers more security to the exporter than an L/C D An L/C is always revocable, while a Documentary Collection is not

A To reduce bank operating costs B To prevent illicit funds from being moved through the financial system and to detect terrorist financing activities C To increase the speed of international transactions D To promote cross-border trade between nations

A It serves as an invoice for the goods B It acts as a contract of carriage, a receipt for goods, and a document of title C It is proof of origin of the goods D It confirms the payment has been made

A The goods might be delayed in transit B The importer bears the full risk of the exporter not shipping the goods or shipping non-conforming goods, with limited recourse C The foreign exchange rate might change unfavorably D The bank might charge high transaction fees

A The relationship between the applicant and the beneficiary B The terms of reimbursement between banks involved in an L/C C The inspection of goods before shipment D The settlement of disputes regarding the underlying contract

A To provide a secure and standardized messaging network for financial transactions B To act as a central bank for international currency exchange C To regulate international trade agreements between countries D To facilitate direct lending between exporters and importers

A Open Account B Documentary Collection (D/A) C Confirmed Irrevocable Letter of Credit D Wire Transfer (T/T) after shipment

A Commercial risk relates to the financial capacity of the buyer or seller, while country risk pertains to broader economic and political instability in a country B Commercial risk is covered by export credit insurance, while country risk is not C Commercial risk only applies to services, while country risk applies to goods D Commercial risk is inherent in domestic trade, but country risk is not

A The bid rate B The ask (offer) rate C The mid-rate D The spot rate for the following day

A 150.50 (ask rate) B 150.00 (bid rate) C The average of 150.00 and 150.50 D A rate lower than 150.00

A A spot contract B A foreign exchange forward contract C A currency option (to sell EUR) D A currency swap

A The issuing bank must still honor the L/C immediately B The issuing bank may refuse to honor the L/C, or seek a waiver from the applicant, potentially causing delays and additional costs C The discrepancies are automatically corrected by the advising bank D The beneficiary is required to re-ship the goods