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&8226;Look at the statements below and at the 5 passages.

&8226;Which (A, B, C, D or E) does each statement 1-8 refer to?

&8226;For each statement 1-8, mark one letter (A, B, C, D or E) on your Answer Sheet.

&8226;You will need to use some of these letters more than once.

A Sight Bill of Exchange

A sight B/E is usually defined as A bill which is expressed to be payable on demand, or at sight, or on presentation; and a bill in which no time for payment is expressed.

In other words, a sight B/E is the B/E that is payable at once the moment the B/E is presented to the drawee of it. A sight B/E is used in the case where the exporter wants to sell goods to the importer for immediate payment. When a sight B/E is presented to the drawee, the presentation will itself trigger the settlement process unless the B/E is dishonoured.

B Usance Bill of Exchange

A usance B/E is the one that is payable at a stipulated period of time after sight or after date. The date on which the drawee/acceptor sights the B/E is considered as the date on which the B/E is accepted. The acceptor adds the date to his acceptance. In this way the date of payments is fixed. The date on which payment should be effected is called maturity date of the B/E. So a B/E that is payable at 60 days is not a sight B/E but a usance B/E.

C Clean Bill of Exchange

A clean B/E is the one that is not accompanied by any commercial documents, especially not accompanied by the shipping documents. The drawer of a clean B/E may be a business, an individual, or a bank. The payee may be a business, an individual, or a bank.

In international trade, a clean B/E is usually used where the export is not of goods but of a service or used in respect of commission, the remainder of the payment and so on. A clean B/E is used where no shipment is involved or where the shipping documents have for some reason been sent separately to the buyer.

D Documentary Bill of Exchange

A documentary B/E is the one that is accompanied by commercial documents like the invoice, B/L, and insurance policy. When a documentary B/E is presented to the drawee for payment or for acceptance, the drawee will not effect the payment or acceptance unless the shipping documents are also presented to him.

A documentary B/E is welcomed by both the importer and the exporter because both can have more security.

E Commercial Bill of Exchange

The drawer of a commercial B/E may be a business or an individual and the payer may be a business, an individual or a bank. In international payments, the drawer of a commercial B/E is normally the exporter, who draws a B/E for the purpose of getting payment for the goods he sells. A commercial B/E is usually accompanied by shipping documents.

The shipping documents must be presented; otherwise the drawee will not make payment or accept the draft.

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听力原文:I am Paul Newman from Coles. Some time ago we signed an agreement with you to build a link between our two companies. We have arranged for one of your representatives to visit me last week, but he failed to turn up by 4: 30. Naturally, I called your office to find out the reason, but the secretary I spoke to was very rode to me. Now, a week has passed, I have got no reply from your company.

(20)

Ladies and Gentlemen,

Let me start by telling you the story of Beatrice Gakuba. In Rwanda in Africa, I met a remarkable woman whose hard work and determination symbolize the talents and dreams of millions of Africans.

Beatrice Gakuba left a comfortable life in the West to start a flower-growing business in her native Rwanda. Against enormous odds, her small farm grew, creating jobs for nearly 200 rural women. When I asked Beatrice Gakuba why she decided to take on such a daunting challenge, she replied, "I came here to grow beautiful flowers on the ashes of genocide." Her biggest obstacle to creating even more jobs is not a lack of skilled workers or entrepreneurial spirit; it is a weak infrastructure that makes electricity unreliable and transportation unaffordable.

Through sound policies, Rwanda has come a long way from its years of pain and conflict. In a new report, Rwanda is cited by the World Bank as a model for Africa in reforming business regulations. In the last seven years, Rwanda's economy grew an average of more than 6 percent annually. Some other African countries are on the right track. To transform. Africa into a continent of hope, they need our help.

The responsibility for doing more and better cannot be left to the developing world alone. It demands more than high profile meetings. It demands urgent result.

Today, we have a choice.

The direction we take now can help make a difference for the millions of people trapped in extreme poverty. For many, it can be a difference between life and death.

We promised here five years ago, to help bring hope, dignity and opportunity into the lives of the poorest. We promised to measure and achieve results. As we gather here today, let us not forget the Beatrice Gakubas of the world, who stand poised to transform. their countries.

Today, we stand accountable to them.

Thank you.

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Statistics show that there is going to be a steady growth in this industry.

List three traditional female occupations mentioned in the talk.

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