
1. TASK: Insert the appropriate word in the text below:
duty - manufacturer - purchase order - transaction - vendor
In a traditional three-tiered ______________, a US customer will issue a ______________ to a vendor for a certain quantity of goods at an established price, say US$1,000. The vendor will, in turn, purchase these goods from a ______________ for a lower price, say US$900. The vendor's profit is US$100 on the transaction.
Typically, an invoice for US$1,000 will be issued from the ______________ to the US customer. This invoice is presented to CBP at the time of importation and the customer pays ______________ (say 10%) based on the value of the goods as reflected in this invoice.
2. CHECK YOUR SPEAKING
| duty | [ ˈdjuːti ] | мито | 
| manufacturer | [ mænjʊˈfækʧərə ] | виробник | 
| purchase order | [ ˈpɜːʧəs ˈɔːdə ] | замовлення на постачання | 
| transaction | [ trænˈzækʃən ] | угода | 
| vendor | [ˈvɛndɔː ] | постачальник | 
3. SEE CORRECT ANSWER
In a traditional three-tiered transaction, a US customer will issue a purchase order to a vendor for a certain quantity of goods at an established price, say US$1,000. The vendor will, in turn, purchase these goods from a manufacturer for a lower price, say US$900. The vendor's profit is US$100 on the transaction.
Typically, an invoice for US$1,000 will be issued from the vendor to the US customer. This invoice is presented to CBP at the time of importation and the customer pays duty (say 10%) based on the value of the goods as reflected in this invoice.
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в підручнику “Practical Financial English”
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