《商务英语阅读》PPT课件.ppt
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1、Business English Reading CoursewareBook 2,Chapter TwoInternational Trade Terms国际贸易术语,Step One,First,read Material One under teachers instructions.Then teacher gives hints or tips for reading.Finally,teacher checks the answers and gives explanations.,Summary of International Trade Terms1.Role of Trad
2、e TermsTrade terms,also known as price terms or delivery terms,arestandardized terms used in sales contracts that describe the place and manner for the transfer of goods from the seller to the buyer.These trade terms,such as Free On Board(FOB)and Cost,Insurance,and Freight(CIF),may also define a var
3、iety of other matters,including the price,the time when the risk of loss shifts from the seller to the buyer,and the costs of freight band insurance.The use of trade terms greatly simplifies the process of negotiation of contract,thus saving time and cost for businessmen.,2 International Rules on Tr
4、ade TermsTrade terms have been developed in practice for many years.However,as different countries might have different interpretations of the terms,misunderstandings occurred frequently.To clear up the confusion,some commercial organizations drew up sets of rules or standard definitions.,2.1.Warsaw
5、-Oxford Rules 1932This rule was drafted by the Association of International Law in 1932.It contains 21 clauses,which only stipulate the nature of CIF contract,and the charges,risks and obligations which should be born by the seller or the buyer.,2.2.Revised American Foreign Trade Definitions 1941Thi
6、s rule was made out by nine American commercial organizations in 1941.It is a set of foreign trade which are considered obsolete,but still sometimes used in domestic U.S.trade.It contains 6 trade terms.,2.3.International Rule for the Interpretation of Trade Terms 2000The International Chamber of Com
7、merce(ICC)in Paris developed INCOTERMS(International Commercial Terms).It was first published in 1936 and has been periodically revised to account for changing modes of transport and document delivery.The current version is INCOTERMS 2000,which came into force on Jan.1,2000.In this rule,there are to
8、tally 13 trade terms,which have been divided into 4 different groups.,a.The“E”-term(EXW).The only term where the seller/exporter makes the goods available at his or her own premises to the buyer/importer.b.The“F”-terms(FCA,FAS and FOB).Terms where the seller/exporter is responsible to deliver the go
9、ods to a carrier named by the buyer.c.The“C”-terms(CFR,CIF,CPT and CIP).Terms where the seller/exporter is responsible for contacting and paying for carriage of the goods,but not responsible for additional costs or risk of loss or damages to the goods once they have been shipped.,d.The“D”-terms(DAF,
10、DES,DEQ,DDU and DDP).Terms where the seller/exporter is responsible for all costs and risks associated with bringing the goods to the place of destination.D terms evidence“arrival”contracts.,Table INCOMES 2000(a)Group E Departure EXW Ex WorksGroup F Main carriage unpaid FCA Free Carrier(named place)
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