Ⅰ.Matchthewordsandexpressionsontheleftwiththeexplanationsontheright:(5%)
（）1.indemnityA.thetotalannualincomeofastate
（）2.revenue
B.compensationforloss
（）3.cost-effective
C.anofficialgroupofpersonswhodirectorsupervisesome
activitiesofafirm
（）4.board
D.producingthebestresultfortheexpenditure
（）5.consensus
E.generalagreement
Ⅱ.Translatethefollowingwordsandexpressions:(10%)
(ⅰ)FromEnglishintoChinese:
6.economiesofscale
7.documentarycollection
8.ElectronicDataInterchange
9.insurancepolicy
10.preferentialcustomstariff
(ⅱ)FromChineseintoEnglish:
11.无形贸易
12.保兑信用证
13.运输标志
14.商品交易会
15.资本市场
Ⅲ.MakebriefexplanationsofthefollowingtermsinEnglish:(20%)
16.cleanbilloflading
17.Incoterms
18.balanceofpayments
19.revolvingcredit
20.MFN
Ⅳ.Fillineachofthefollowingblankswithanappropriatewordfromthelist(Youcanonlychoose10fromthefollowing12wordsinthesquare):(10%)

　　Successfulmultinationalcorporationseventuallymustlearn(21)（）tointer-relatetheirsubsidiarieswiththe(22)（）company,howtodelegatedecision-makingauthority,andhowtodevelopsatisfactorymethodsofcontrolandsupervision.(23)（）mosttraditionalorganizationalstructureistheinternationaldivisionstructure,in(24)（）communication(25)（）theparentcompanyischanneled(26)（）aninternationaldivision.Intheglobalstructurethereisnointernationaldivisionforoverseasactivities;instead,theentiretopmanagementbecomesinvolved(27)（）internationalaswellas(28)（）matters.Theglobalapproachunifiesdomesticandinternationaldivisions(29)（）oneglobaldivision.Itthereforeeliminatesthedangerofcompetition(30)（）aninternationaldivisionandadomesticon
E.
Ⅴ.TranslatethefollowingintoEnglish：（25%）
31.比较利益理论已成为现代国际贸易思想的基石。
32.配额或者说数量限制是最常见的非关税壁垒。
33.如果投保的险别不是造成损失的直接原因，保险公司将不予赔偿。
34.已装船提单表明货物已实际装上开往目的地港的承运船只。
35.尽管有很多好处，反向贸易可能是风险很大的事。
Ⅵ.TranslatethefollowingintoChinese:(15%)
36.Thetransferablecreditisdesignedtomeettherequirementsofinternationaltrad
E.Itenablesamiddlemanwhoisreceivingpaymentfromabuyerunderadocumentarycredittotransferhisclaimunderthatcredittohisownsupplier.
　　　Atransferablecreditmayonlybetransferredonc
E.Thesecondbeneficiarymaynotfurthertransferitunlessthereisanexpressprovisiontothiseffectintheoriginalcredit.Thislimitontransferabilityisintendedtopreventabus
E.Ontheotherhand,thefirstbeneficiarycantransferfractionsoftheoriginalcredittoseveralsuppliers,providedthatpartialshipmentsareallowe
D.Theaggregateofthesepartialtransfersconstitutesonetransfer.
Ⅶ.AnswerthefollowingquestionsinEnglish:(15%)
37.Whatarethethreemajorfunctionsofthebilloflading?
38.Whatdoes“insurableinterest”mean?Whyinsurableinterestisaveryimportantprincipleofinsurance?