Contents
Chapter One Regulating International Trade ……………………………………… 1
Basic Process of International Trade …………………………………… 2
Overview of Contracts for International Sale of Goods……………… 4
Laws and Regulations Governing International Trade ……………… 9
Chapter Two International Trade Terms …………………………………………… 17
Overview of Trade Terms ………………………………………………… 18
Interpretations of E and F Rules ………………………………………… 28
Interpretation of C Rules ………………………………………………… 37
Interpretation of D Rules ………………………………………………… 49
Considerations in Choosing Trade Terms……………………………… 53
Chapter Three Terms on Subject Matter of the Contract ……………………… 61
Subject Matter of the Contract ………………………………………… 62
Quality of Goods …………………………………………………………… 65
Quantity of Goods ………………………………………………………… 71
Package of Goods ………………………………………………………… 77
Commodity Inspection……………………………………………………… 86
Chapter Four International Cargo Transportation ……………………………… 95
Ocean Transport…………………………………………………………… 96
Other Modes of Transport ……………………………………………… 103
Terms of Shipment ……………………………………………………… 111
Shipping Documents……………………………………………………… 116
Chapter Five International Cargo Transportation Insurance ……………… 127
Risks, Losses and Expenses in Marine Cargo Insurance ……… 128
Marine Cargo Insurance Clause of China …………………………… 134
Insurance of Land, Air and Parcel Post Transportation ………… 143
Insurance Practices in International Cargo Transport …………… 147
Chapter Six Price of Import and Export Commodities …………………… 156
Pricing of Import and Export Commodities ………………………… 157
Accounting of Profit and Loss of Import and Export……………… 164
Pricing Method for Import and Export Commodities ……………… 168
Commission and Discount ……………………………………………… 171
Chapter Seven Receipt and Payment for International Trade ……………… 179
Instruments of Payment ………………………………………………… 180
Remittance and Collection……………………………………………… 190
Letter of Credit ……………………………