Ⅰ。 Match the words and expressions on the left with the explanations on the right:(5%)
( ) 1. endowment A. done by one side or party only
( ) 2. unilaterally B. the person to whom a draft is drawn
( ) 3. drawee C. a natural gift or ability
( ) 4. beneficiary D. right to the possession of a position or property
( ) 5. title E. the company that can make use of L/C to get paid for its export
Ⅱ。 Translate the following words and expressions:(10%)
(i) From English into Chinese:
6. trade credit accounts
7. escape clause
8. primary goods
9. up-to-date technology
10. certificate of origin
(ii) From Chinese into English:
11. 直接投资
12. 充分就业
13. 证券交易所
14. 全球化
15. 还盘
Ⅲ。 Make brief explanations of the following and give the full term of the abbreviation in English:(20%)
16. Documents Against Payment
17. contract
18. Incoterms
19. buyback
20. FOB