1. TASK: Insert the appropriate word in the text below:
сircumstances - involves - paid - resolve - run
Importing and exporting ________ risks. Exporters ________ the risk of buyers failing to pay for goods, while importers may risk paying but never receiving anything. Because of the distances involved, it may be difficult to ________ any disputes.
One way of reducing the risks is to use a letter of credit - sometime known as ‘documentary credit’. This can offer a guarantee to the seller that they will be ________, and the buyer can be sure that no payment will be made until they receive the goods.
There are several different types of letters of credit available to use, depending on the ________.
2. CHECK YOUR SPEAKING
|
circumstances |
sərkəmstænsəz |
обставини |
|
involves |
ɪnvalvz |
включає |
|
paid |
ped |
оплачений |
|
resolve |
rizalv |
вирішувати (суперечки) |
|
run |
rən |
зд.піддаватися |
3. SEE CORRECT ANSWER
Importing and exporting involves risks. Exporters run the risk of buyers failing to pay for goods, while importers may risk paying but never receiving anything. Because of the distances involved, it may be difficult to resolve any disputes.
One way of reducing the risks is to use a letter of credit - sometime known as ‘documentary credit’. This can offer a guarantee to the seller that they will be paid, and the buyer can be sure that no payment will be made until they receive the goods.
There are several different types of letters of credit available to use, depending on the circumstances.
Цей та багато інших цікавих матеріалів Ви знайдете
в підручнику “Practical Financial English”
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