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Match the following words with their Spanish definitions.

quotas / free trade / protectionism / customs duties / dumping / tariffs / deregulation

Eliminación o disminución de reglas y reglamentos que afectan a un negocio.
 
Cobrar menos que el costo actual o menos que el precio del país de origen en artículos vendidos en otros países.
 
Comercio internacional libre de gravamen por medidas restrictivas.
 
Límites fijos en la cantidad de importaciones que una nación permitirá por un producto específico.
 
Impuestos exigidos en importaciones.
 
Cuotas impuestas sobre los bienes que se trajeron al país, también llamado Import Tax.
 
Políticas gubernamentales destinadas a proteger la economía de un país de la competencia foránea.
 

Answers

Listen Listen and repeat the vocabulary.

Match the following sentence halves together. Follow the example.

Example: We hope to take
 
1. If you are unable to meet
 
2. If you would like to place
 
3. Would you please inform us who will be arranging
 
4. Maynard Shipping has quoted
 
5. Could you inform us when you will be releasing
 
6. We're attemting to break into
 

Answers

Listen Listen and repeat.

Try to remember the verb collocations from the previous sentences. Choose the most suitable verb for each collocation.

1. the delivery date
2. an order
3. insurance cover
4. a good price
5. the documents
6. into the American market
 

Answers

Listen Listen and repeat.

Write an abbreviation for each of the following shipping terms. Choose from the following list. The first abbreviation has been done for you. There are two extra abbreviations which do not need to use.


  BILL OF LADING  

Answers

  BILL OF EXCHANGE  
  VALUE ADDED TAX  
  AIR WAYBILL  
  ACCOUNT  
  LETTER OF CREDIT  
  CASH ON DELIVERY  
  FREE ON BOARD  
  COST AND FREIGHT  
  COST, INSURANCE AND FREIGHT  
  FREE ALONGSIDE SHIP (FRANCO QUAY)  

Listen Listen and repeat.

Now choose the correct abbreviation for each of the following definitions.

1. The price includes all costs up to where the goods are being shipped from. After that. The buyer has to pay.
 
2. A bill of lading that covers domestic and international flights which send goods to a particular destination.
 
3. If you see this, you must pay when the goods are delivered to you.
 
4. The price paid to the seller which includes packaging and freight, but not insurance.
 
5. A document which contains details of goods shipped. In American English this is a waybill.
 
6. This is a written order which means that a person must pay money at a future date or on demand.
 
7. You may see this abbreviation on your bank statement.
 
8. This often appears on an invoice. In Spanish the abbreviation is IVA.
 
9. The price paid to the seller which includes packaging, freight and insurance.
 

Answers

Affreightment Contract
A contract with a ship owner to hire all or part of a ship for transporting goods - may involve a charter.

Air Waybill
The forwarding agreement or carrying agreement between shipper and air carrier that is used as a receipt for cargo and as a contract of carriage.

Bill of Lading
A document issued by a carrier which is evidence of receipt of the goods, and is a contract of carriage. It describes the goods, the details of the intended voyage, and it specifies the conditions of transportation. If issued in negotiable form, i.e. "to order", it becomes documentary evidence of title to the goods.

Cargo Agent
An agent appointed by an airline or shipping line to solicit and process international air and ocean freight shipments.

Certificate of Origin
A certified document presented to customs authorities which shows the national origin of goods for import.

Commercial Invoice
The official transaction record between an exporter and an importer for international shipments.

Customs
The authorities designated to collect duties, taxes or other charges levied by a country on imports and exports (also applying to the procedures involved in such collection). Customs also enforces import/export rules mandated by the country's government.

Exports
Exports are the physical movement of goods out of a country.

Export Declaration
A formal statement declaring full details about goods being exported, that is made to customs at a port of exit.

Free Trade Agreement
An arrangement which establishes unimpeded exchange and flow of goods and services between trading partners regardless of national borders.

Freight Forwarder
A business that handles import/export shipments, and provides information and assistance for importing/exporting.

Harmonized System
The Harmonized Commodity Description and Coding System (or Harmonized System, HS) is a system for classifying goods in international trade, developed under the auspices of the Customs Cooperation Council (now known as the World Customs Organization).

Imports
Imports are the physical movement of goods into a country.

Import Restrictions
Import restrictions are applied by a country to control the volume and type of goods coming into it from other countries and may include the imposition of tariffs, surcharges or import quotas, restrictions on the amount of foreign currency available to cover imports, a requirement for import deposits, or the prohibition of various categories of imports.

Packing List
A list that shows the information necessary for transport along with the number and kinds of items being shipped in each box.

Port of Entry
The port where foreign goods are examined and cleared by customs to be admitted into the receiving country.

Pro-Forma Invoice
A pro-forma invoice is a document that may be provided by a supplier prior to the shipment of merchandise that informs the buyer of the kinds and quantities of goods to be sent, their value and important specifications (weight, size, etc.).

Shipment Reference Number
A number or code that a company assigns to their shipment to assist with their internal record keeping.

Specific Duty
Tax imposed on imported merchandise on a per unit basis. Usually based on the net weight or number of pieces, etc.

Tariff Schedule
A comprehensive list of all goods that a country may import and the import duties applicable to each product.

Transaction Value
An value that represents the sale price or fair market value, etc.



 
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