ПКВЯз. Англ. Бизнес курс. Часть 1

Choose two possible answers: If the seller has to provide a contract of carriage which involves payment of duties, taxes and other charges, such costs will, of course fall upon the seller, to the extent that they are for his account under the …

• deal
• contact
• contract
• plan

Correspond the left and right parts

• The goods, the sale of which on the territory of the Russian Federation is limited, may be sold under the duty free shop customs treatment
• commodities. In the most developed countries, average tariffs are less than 10%, and often less than 5%.
• If you wish to extend your visa, you should get a new invitation from the same organization that issued the previous invitation and submit it with the visa to the Consulate. We charge $40
• for visa extension and correction of each mistake which we are not responsible for. Processing time, requirements and fees are subject to change without notice
• Generally speaking, average tariff rates are less than 20% in most countries, although they are often quite a bit higher for agricultural
• only on condition that the requirements stipulated by the legislation of the Russian Federation are met. The goods under the duty free shop customs treatment are directly sold in special shops

Which of the two assertions are true and which are false? A) In order to be registered joint ventures and business representations should submit: Documents to be submitted by the foreign investor or his mother B) In order for their affiliates to be registered joint ventures and business representations should submit: Un-notarized copies of the documents of the company setting up its affiliate:

• А-true, В-false
• А- true, В- true
• А- false, В- true
• А- false, В- false

Choose the right preposition: Since then, ICC expert lawyers and trade practitioners have updated them six times to keep pace ________ the development of international trade

Choose the right preposition: The English text is the original and official version of Incoterms 2000, which have been endorsed by the United Nations Commission on International Trade Law (UNCITRAL). Authorized translations into 31 languages are available ________ ICC national committees

Choose the right preposition: However, this is course is not recommended because the latest version is designed to bring Incoterms into line with the latest developments ________ commercial practice

Put the verb in brackets in the right form: “Ad valorem” (to be) Latin for “on value” or “in proportion to the value.”

Correspond the left and right parts

• The “C” terms require the seller to contract for carriage in usual terms at his own expense. Therefore a point up to which he would have to pay transport costs must necessarily be
• organizations require certified translations to be legalized by consular offices of the Russian Federation in the countries where the documents originated
• It is of the very essence of the “C”-terms that the seller is relieved of any further risk and cost after he has dully fulfilled
• his contract by contracting for carriage and handling over the goods to the carrier and under providing for insurance under the CIF- and CIP-terms
• Nonetheless, according to the established common practice, official organizations in the Russian Federation may not accept foreign documents if they are not accompanied by a certified translations; many
• indicated after the respective “C”-term. Under the CIF and CIP terms the seller has to take out insurance and bear the insurance cost

Which of the two assertions are true and which are false? A) In order to be registered joint ventures and business representations should submit: Documents to be submitted by Russian legal entities B) In order to be registered joint ventures and business representations should submit: Notarized copy of the foundation documents for each legal entity participating in the establishment of the joint venture

• А- false, В- true
• А-true, В-false
• А- false, В- false
• А- true, В- true

Put the verb in brackets in the right form: Thus if $100,000 worth of autos are imported, the US government (to collect) $2,500 in tariff revenue

Put the verb in brackets in the right form: Generally speaking, average tariff rates (to be) less than 20% in most countries, although they are often quite a bit higher for agricultural commodities

Which of the two assertions are true and which are false? A) By encouraging exports, the government will reduce the domestic supply and eliminate the need for the government to purchase the excess B) It is in these situations, or to avoid these situations, that export subsidies are sometimes used

• А-true, В-false
• А- true, В- true
• А- false, В- true
• А- false, В- false

Correspond the left and right parts

• Nonetheless, according to the established common practice, official organizations in the Russian Federation may not accept foreign documents if they are not accompanied by a certified translations; many
• the seller is bound to arrange and bear the costs of a contract of carriage and another one for the allocation of risk
• Please be advised that the United States and the Russian Federation are signatories to the Hague Convention of October 5, 1961. In accordance with the Convention, in order for U.S. documents to be valid in Russia, they must bear an Apostille — certificate
• confirming the capacity of the government official signing the document, authenticity of the signature and, where appropriate, of the seal or stamp on the document. Documents with Apostille do not require any further legalization
• Hence the “C”-terms are distinguishable from all other terms in that they contain two “critical” points, one indicating to which
• organizations require certified translations to be legalized by consular offices of the Russian Federation in the countries where the documents originated

Choose the right preposition: Correct use of Incoterms goes a long way ________ providing the legal certainty upon which mutual confidence between business partners must be based

“FROM” is the date upon which the Certificate becomes applicable to the good covered by the ________ Certificate (it may be prior to the date of signing (his Certificate).

• pillow
• blanket
• bedding
• cloth

Which of the two assertions are true and which are false? A) In 1971 President Nixon, in a last-ditch effort to save the Bretton-Woods system of fixed exchange rates, imposed a 100% ad valorem tariff on all imported goods from IMF member countries B) Incidents such as this are uncommon

• А- false, В- false
• А- true, В- true
• А-true, В-false
• А- false, В- true

Put the verb in brackets in the right form: Absolute quotas (to limit) the quantity of imports to a specified level during a specified period of time

Which of the two assertions are true and which are false? A) In order to be registered joint ventures and business representations should submit: Written application for registration of a foreign investor B) In order to be registered joint ventures and business representations should submit: Notarized copy of the incorporation documents (in two copies)

• А- true, В- true
• А-true, В-false
• А- false, В- true
• А- false, В- false

Which of the two assertions are true and which are false? A) Processing time, requirements and fees are subject to change without notice B) If you need more information please call the visa center at (202) 939-8913, 8918 Monday-Sunday from 9 a.m. till 12:30 p.m. and from 2:30 p.m. till 6 p.m

• А-true, В-false
• А- true, В- true
• А- false, В- false
• А- false, В- true

Put the verb in brackets in the right form: For this reason, many quotas are (to fill) shortly after the opening of the quota period

Federal registration of companies with foreign ________ is carried out by the administration of the city

• investments
• currency
• managers
• officials

Correspond the left and right parts

• Occasionally both a specific and an ad valorem tariff are levied on the same product simultaneously. This is known as a two-part tariff. For example, wristwatches
• US currently levies a 2.5% ad valorem tariff on imported automobiles. Thus if $100,000 worth of autos are imported, the US government collects $2,500 in tariff revenue
• Please note that documents intended for registration and renewal of registration in the Russian Federation of companies
• with foreign investment must be submitted in a package accompanied by an expert opinion provided by an expert company
• An ad valorem tariff is levied as a fixed percentage of the value of the commodity imported. “Ad valorem” is Latin for “on value” or “in proportion to the value.” The
• imported into the US face the 5.1 cent specific tariff as well as a 6.25% ad valorem tariff on the case and the strap and a 5.3% ad valorem tariff on the battery

Choose two possible answers: The “C” terms ________ the seller to contract for carriage in usual terms at his own expense

• inquire
• require
• demand
• aquire

Choose the right preposition: A good listed in Appendix 703.2.B.7 is also exempt ________ quantitative restrictions and is eligible for NAFTA preferential tariff treatment if it meets the definition of “qualifying good” in Section A of Annex 703.2.

Which of the two assertions are true and which are false? A) Thus, if 1000 watches are imported, the US government collects $51 in tariff revenue. B) In this case, $51 is collected whether the watch is a $60 Swatch or a $5000 Rolex

• А- false, В- false
• А-true, В-false
• А- false, В- true
• А- true, В- true

Put the verb in brackets in the right form: The EU has (to spend) over $4 billion annually to encourage exports of its agricultural and dairy products

Put the verb in brackets in the right form: The table below (to provide) a list of average tariff rates in selected countries around the world

Choose the right preposition: Incoterms are standard trade definitions most commonly used ________ international sales contracts

Put the verb in brackets in the right form: However, many other countries (to employ) export taxes

Put the verb in brackets in the right form: Russia uses export taxes on petroleum, while Brazil (to impose) a 40% export tax on sugar in 1996

Put the verb in brackets in the right form: In recent years the US government (to have) made annual outlays of over $1 billion in its agricultural Export Enhancement Program (EEP) and its Dairy Export Incentive Program (DEIP)

Choose the right preposition: To ensure compliance of the documents submitted by foreign companies with applicable provisions ________ the Russian Federal Laws, the Hague Convention of 1961, and the Regulations of the Russian State Registration Chamber, the new registration procedures involve the services of specially selected expert companies

Which of the two assertions are true and which are false? A) The CIF term requires the seller to clean the goods before export B) The term can only be used for sea and inland waterway transport. If the parties do not intend to deliver the goods across the ship’s rail, the CIP term should be used

• А- true, В- true
• А- false, В- false
• А- false, В- true
• А-true, В-false

Put the verb in brackets in the right form: An export tax is a tax (to collect) on exported goods.

Correspond the left and right parts

• Many of these documents can be replaced with computerized procedures. Standard ‘aligned’ export documentation is also used: the
• the importer buys from a company in his own country and this company imports the goods
• One method used to measure the degree of protectionism within an economy is the average tariff rate. Since tariffs generally
• reduce imports of foreign products, the higher the tariff, the greater the protection afforded to the country’s import-competing industries
• Many import or export deals are arranged through an exporter’s agent or distributor abroad — in this case
• required information is entered on a single master document and then photocopied to produce all the required documents

Many of these documents can be replaced with computerized procedures. Standard ‘aligned’ export documentation is also used: the required information is entered on a single master document and then photocopied to produce all the required …

• banknotes
• documents
• books
• things

Correspond the left and right parts

• transhipment
• forwarding agent
• CIF
• Cost, insurance & freight
• Freight carrier
• reloading

Which of the two assertions are true and which are false? A) Visa documents in the British Consulate are accepted until 12:15 p.m. only B) In accordance with the Convention, in order for U.S. documents to be valid in Russia, they must bear an Apostille

• А- false, В- false
• А- false, В- true
• А-true, В-false
• А- true, В- true

Correspond the left and right parts

• If, however the carrier exercised his rights under a transshipment — or similar clause — in order to avoid unexpected hindrances (such as ice, congestion, labour disturbances, government
• organizations require certified translations to be legalized by consular offices of the Russian Federation in the countries where the documents originated
• The “C” terms require the seller to contract for carriage in usual terms at his own expense. Therefore a point up to which he would have to pay transport costs must necessarily be
• indicated after the respective “C”-term. Under the CIF and CIP terms the seller has to take out insurance and bear the insurance cost
• Nonetheless, according to the established common practice, official organizations in the Russian Federation may not accept foreign documents if they are not accompanied by a certified translations; many
• orders, war or warlike operations)then any additional costs, resulting would be from the account of the buyer, since the seller’s obligation is limited to procuring the usual contract of carriage

Correspond the left and right parts

• Occasionally both a specific and an ad valorem tariff are levied on the same product simultaneously. This is known as a two-part tariff. For example, wristwatches
• price quoted always indicates the terms of delivery, which conform to the international standard Incoterms
• An ad valorem tariff is levied as a fixed percentage of the value of the commodity imported. “Ad valorem” is Latin for “on value” or “in proportion to the value.” The
• US currently levies a 2.5% ad valorem tariff on imported automobiles. Thus if $100,000 worth of autos are imported, the US government collects $2,500 in tariff revenue
• Prices for exports may be quoted in the buyer’s currency, the seller’s currency or in a third ‘hard’ currency (e.g. US dollars, Deutschmarks or Swiss Francs). The
• imported into the US face the 5.1 cent specific tariff as well as a 6.25% ad valorem tariff on the case and the strap and a 5.3% ad valorem tariff on the battery

Correspond the left and right parts

• Thus, instead of one tariff rate, countries have a tariff schedule which specifies the tariff collected on every particular good and service. The schedule
• same tariff to all goods and services imported into the country. One exception to this occurred in 1971 when President Nixon, in a last-ditch effort to save the system of fixed exchange rates
• Export subsidies are payments made by the government to encourage the export of specified products. As with taxes, subsidies can be levied on a specific or ad valorem
• basis. The most common product groups where export subsidies are applied are agricultural and dairy products. Most countries have income support programs for their nation’s farmers
• As the above examples suggest, different tariffs are generally applied to different commodities. Governments rarely apply the
• of tariffs charged in all import commodity categories is called the Harmonized Tariff Schedule of the United States (HTS). The commodity classifications are based on the international Harmonized Commodity Coding

Put the verb in brackets in the right form: It is in these situations, or to avoid these situations, that export subsidies are sometimes (to use)

Choose the right preposition: The good is produced entirely in the territory of one or more of the NAFTA countries exclusively ________ originating materials

Put the verb in brackets in the right form: Please note that documents (to intend) for registration and renewal of registration in the Russian Federation of companies with foreign investment must be submitted in a package accompanied by an expert opinion provided by an expert company

Identify the name of the country (“MX” or ‘US’ for agricultural and textile goods ________ to Canada

• exported
• imported
• purported
• deported

Correspond the left and right parts

• One method used to measure the degree of protectionism within an economy is the average tariff rate. Since tariffs generally
• policy review summaries. More details about the trade policies of these countries can be found at the WTO’s website
• At one time, tariffs were perhaps the most commonly applied trade policy. Many countries used tariffs as a primary source of funds for their government
• budgets. However, as trade liberalization advanced in the second half of the twentieth century, many other types of non-tariff barriers became more prominent
• The table below provides a list of average tariff rates in selected countries around the world. These rates were all taken from the WTO’s trade
• reduce imports of foreign products, the higher the tariff, the greater the protection afforded to the country’s import-competing industries

Choose three possible answers: These are often motivated by ________ security or self-sufficiency considerations

• federal
• state
• regional
• national

Which of the two assertions are true and which are false? A) One method never used to measure the degree of protectionism within an economy is the average tariff rate B) Since tariffs generally reduce imports of foreign products, the higher the tariff, the greater the protection afforded to the country’s import-competing industries

• А- false, В- false
• А- true, В- true
• А- false, В- true
• А-true, В-false

Correspond the left and right parts

• Any goods, except goods prohibited to be imported to the Russian Federation or exported from the Russian Federation as well as other goods the list of
• by the customs bodies of the Russian Federation), without collection of customs duties, taxes, and without application of economic policy measures to the goods
• If you apply personally or through a travel agency or visa service, you or your representative should get a pick-up slip from the visa officer. You should present this slip to pick up your visa, when
• it is ready, or refer to the number of the slip to find out the status of the application. Please, note that we do not accept visa documents delivered to the consulate by courier services
• The duty free shop is a customs treatment under which goods are sold under the customs control on the customs territory of the Russian Federation (in airports, ports, which are opened for international service, and other places determined
• which is specified by the State Customs Committee of the Russian Federation, may be placed under the customs warehouse treatment

Correspond the left and right parts

• There are two basic ways in which tariffs may be levied: specific tariffs and ad valorem tariffs .A specific tariff is levied as a fixed charge per unit of imports. For example
• is used in a non-trade context, as in railroad tariffs. However, the term is much more commonly applied to a tax on imported goods
• Commodities eligible under EEP initiatives are wheat, wheat flour, semolina, rice, frozen poultry, frozen pork, barley, barley malt, table eggs, and vegetable oil. In recent years the US government
• has made annual outlays of over $1 billion in its agricultural Export Enhancement Program (EEP) and its Dairy Export Incentive Program (DEIP). The EU has spent over $4 billion annually to encourage exports of its agricultural and dairy products
• An import tariff is a tax collected on imported goods. Generally speaking, a tariff is any tax or fee collected by a government. Sometimes tariff
• the US government levies a 5.1 cent specific tariff on every wristwatch imported into the US. Thus, if 1000 watches are imported, the US government collects $51 in tariff revenue. In this case, $51 is collected whether the watch is a $40 Swatch or a $5000 Rolex