Foreign trade – Practice 1

 

Choose the correct answer:
  1. A draft drawn by a bank against funds deposited in another bank is 
  2. When exports are a major part of a country's GNP (gross national product), we speak of a(n)
  3. A load of goods carried by a ship, plane, etc. is called 
  4. A person or company producing goods to sell abroad is 
  5. A person or party to whom something, usually merchandise, is consigned is 
  6. Conditions of dispatching ordered goods are called 
  7. A tax on imports is called 
  8. An unconditional order issued by a person or business which directs the recipient to pay a fixed sum of money to a third party at a future date is called 
  9. A trading method in which the buyer pays for goods before they are dispatched is 
  10. An authority or agency in a country responsible for collecting customs duties and for controlling the flow of animals and goods (including personal effects and hazardous items) in and out of a country is