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Vocabulary Notes on the Text

1 to complete the documentation requirements – выполнить требования по оформлению документации

2 storage charges – плата за хранение, складские расходы

3 to release the goods – снять арест с товара, «растаможить товар»

4 to exercise one's power – воспользоваться своей властью

5 to seize goods – наложить арест на товары

6 cash flow – баланс оборотных средств

7 a packing list – упаковочный список

8 the certificate of origin – сертификат происхождения

9 the CMR form – транспортная накладная

10 bill of lading – коносамент, морская (транспортная) накладная

11 air waybill – авиагрузовая накладная

Exercises on the text

  1. Read and translate the text.

  1. Translate the following words and learn their pronunciation:

acquisition; consequence; consignee; cycle; requirements; deferment; certificate; charges; contents; dimension; invoice; origin; weight punctual; obtainable; payable; compulsory; frequent; total release; complete; arrange; ensure; occur; exercise; seize; contain; issue; require

3. Explain the meaning of the following words and phrases in English:

cash flow; a certificate of origin; a commercial invoice; contents; a consignor; a packing list; storage charges; to clear goods

4. Find in the text English equivalents of the following:

а) под таможенным контролем; таможенные власти; вес и объем каждого упаковочного места; баланс оборотных средств; ошибки в документации; потеря доверия; содержимое; условия оплаты; дополнительные расходы; вес нетто и брутто

b) наложить арест на имущество; выполнить требования по оформлению документации; снять арест с имущества (товара); оп­латить перевозку полностью; указать страну отправления

5. Answer the following questions:

  1. When is the job of selling goods abroad considered to be completed?

  1. What does the final part of the order cycle involve?

  2. What can every exporter recall?

  3. What is the first consequence of a mistake in documentation?

  4. Why will the warehouse operator refuse to release the goods?

  5. What are the other consequences of delay in delivery?

  1. What are the main documentation forms required for export­ing as well as for importing goods?

  1. What is a commercial invoice?

9) From where are certificates of origin usually obtainable?

10) What should a packing list detail?

6. Sum up the contents of the text according to the following plan:

1) Errors in documentation and their possible consequences.

  1. A commercial invoice as one of the main documents required for exporting and importing goods.

  2. A certificate of origin and a packing list.

Vocabulary and Speech Exercises

7. Read and translate the following:

  1. The commercial invoice contains the names and addresses of the Sellers and the Buyers, a full description of the goods delivered including the weights and numbers and marking of all the cases, the price per unit and the total value of the consignment. It also states the port of shipment and the date, the terms of delivery and the terms of payment. It is, signed by an authorized person on behalf of the Sellers.

  2. The Sellers shall inform the Buyers by cable or telex within 48 hours since the sailing date about the ship's name and her sailing date, the number of the Bill of Lading and the quantity of the goods shipped.

  3. In every SAD, there is a box which requires the commodity code of the particular consignment to be inserted. The commodity code is usually a nine- or eleven-digit number which relates to a particular consignment. All these numbers come into the customs tariff.

  4. Companies which import into the EC-countries require a nine-digit commodity code whereas imports to the rest of the world require an eleven-digit classification. This is a general rule and there are no exceptions, particularly with agricultural products.

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