Lesson One 1
Text:Kinds of Insurance Documents 1
Grammar:Position of Modifier Ⅰ-Position of Attribute 5
Reading Material:“Average”in Marine Insurance 11
Illustrations:(Ⅰ)Insurance policy (Ⅱ)Bro-ker's Cover Note 14
Lesson Two 16
Text:Combined Transport Documents(CTD) 16
Grammar:Position of Modifier Ⅱ-Position of Adverbial Modifier 21
Reading Material:Air Waybills 30
Lesson Three 33
Text:Methods of Payment and Financing in Ex-port 33
Grammar:Ellipsis Ⅰ 37
Reading Material:Invitation to Bid 45
Lesson Four 49
Text:Processing and Assembling of Incoming Materials and Parts 49
Grammar:Ellipsis Ⅱ 53
Reading Material:Five Ways of Utilizing Foreign Funds 59
Illustration:How Processing of Incoming Materials or Assembling of Incoming Parts Works 63
Lesson Five 64
Text:Compensation Trade of China 64
Grammar:Prepositions 69
Reading Materials: 76
(Ⅰ)China to Expand Com-pensation Trade and Business of Processing and Assembling 76
(Ⅱ)Processing and Assembling Deals and Compensation Trade in Beijing 78
Illustration:How Full Compensation Trade Works 80
Lesson Six 81
Text:Foreign Currency Loans in China 81
Grammar:Prepositions,Adverbs and Phrasal Verbs 86
Reading Material:Euro-currency Market in London 94
Lesson Seven 98
Text:Government Supported Export Credits(Ⅰ) 98
Grammar:Conjunctions 105
Reading Material:Organizations in Western Coun-tries Providing Export Credit Insurance 114
Illustration:Supplier's Credit 118
Lesson Eight 119
Text:Government Supported Export Credits(Ⅱ) 119
Grammar:Interjections and Exclamatory Sentences 127
Reading Material:Explanation on Euro-currency Market Terminology Illustration:Buyer's Credit 133
Lesson Nine 137
Text:Provisional Regulations for Exchange Con-trol of China 137
Grammar:Independent Elements 143
Reading Material:Further Explanation on the Provisional Regulations for Ex-change Control of China 152
Lesson Ten 156
Text:International Leasing 156
Grammar:Punctuation Marks 162
Reading Material:Lease Agreement 174
Illustrations: 179
(Ⅰ)Financial Lease Structure 179
(Ⅱ)Leveraged Tax Lease Structure 180