KEY UNIT 3: FINANCING FOREIGN TRADE READING 1 A. Understanding main points 1.open account 2.Bills for collection 3.

Documentary credit 4.Advance payment B. Understanding details: 1.T 2.F 3.T 4.F 5.T 6.F 7.T 8.T 9.F 10.T C. Information search 1.b, c, d, f 2.a, g 3.b, c, d, e, f 4.f A. Key terms 1.b 7.c 1.undertaking 1.draw 6.dishonour 2.f 8.d 3.j 9.h 2.consignment 2.forward 7.remit 3.dispatch 4.g 10.i 3.intermediary 4.present 4.maturity 5.accept release 5.a 6.e

B. Word search C. Complete the sentence

READING 2 1. 4-1-3-2 2. 7-10-9-8-6-5