_________ It includes merchandise, packaging and shipping, duty if required, any taxes and insurance.

— What about the mission？

— What does CIF refer to？

— What is it in particular you＇re interested in？

— We would like to place an order for some of your C&;Z desk units.—

A letter of ________ is a document issued by a financial institution.

After having seen the _________ and sles, Jenny makes the specific inquiry.

All the prices on the list are subject ________ to our final confirmation.

Importing and exporting is transferring goods from one country to another while _______ attention to the laws and requirements of bringing goods out or into that country.

International trade gives consumers and countries the opportunity to ________ goods and services not available in their own countries.

Of course, I’d give you our lowest ________.

Our terms of payment are normally 30-day bill of exchange, documents_______ payment.

The payment is made by an irrevocable _______ letter of credit in our favor.

We are a large chain of retailers and are looking for a manufacturer ______ could supply us with a large quantity of smart phones for the teenager market.

International trade is the exchange of goods and services between countries.It gives consumers and countries the opportunity to be exposed to goods and services not available in their own countries.Almost every kind of product can be found on the international market：food, clothes, spare parts, oil, jewelry, wine, stocks, currencies and water.Services are also traded：tourism, banking, consulting and transportation.A product that is sold to the global market is an export, and a product that is bought from the global market is an import. International trade can benefit us a lot.Trading globally allows us to expand our markets for both goods and services that otherwise may not have been available to us.If you walk into a supermarket and are able to buy Indonesian bananas, Brazilian coffee and a bottle of French wine, you are experiencing the effects of international trade. International trade brings us both advantages and disadvantages.For instance, international trade may also make the world economy easily affected by factors like prices, supply and demand, as well as global events.Political change in Asia, for exle, could result in an increase in the cost of labor, thereby increasing the manufacturing costs for an American sneaker pany based in Malaysia, which would then result in an increase in the price that you have to pay to buy the tennis shoes at your local mall.A decrease in the cost of labor, on the other hand, would result in you having to pay less for your new shoes. 1.International trade exchanges goods and services between different countries and regions.

Every kind of goods and services can be found on the global market.

A product that is bought from the global market is an export.

International trade may easily affect world economy.

Political change in one country has nothing to do with international trade.

The Basics of Import and Export