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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