SPEAKING. You are working in a multinational corporation

A.

You are working in a multinational corporation. You are to export the product of your company. Speak with your manager about the formalities and all necessary papers for transportation. You may use the following dialogue as a model. First, scan the dialogue and write down the names of papers necessary for export of goods.

Earl:	I just heard from the freight forwarder (1) that our container is going to be picked up tomorrow. We’d better make sure everything is ready to go.
Ted:	Let’s see … our general export license is current and the destination control statement (2) has been filed.
Earl:	… and the shipping container has the proper markings (3). We also have the certificate of inspection (4).
Ted:	We already calculated the weight of the shipment and we know the tare weight(5). Now we just need to subtract it from the gross weight to get the correct net weight.
Earl:	We inspected the shipment and know that it’s in good condition, so we should receive a clean bill of lading (6) from the shipping line.
Ted:	Well, that sounds like everything. As soon as we receive a copy of the dock receipt(7) we can submit our collection papers (8).

Notes:

1. freight forwarder – company which prepares shipping and insurance documents, arranges cargo deliveries

2. destination control statement – required statement, listing the authorized export destination for cargo

3. markings –letters, numbers, symbols for identification

4. certificate of inspection – the document which certifies that merchandise was in acceptable condition before being shipped.

5. tare weight – the entire weight of the cargo including the container

6. bill of lading – declaration indicating that all cargo accepted for transportation was in good condition when received.

7. dock receipt – receipt issued by the ocean carrier to acknowledge arrival of the cargo at the carrier’s warehouse or dock facilities

8. collection papers – documents (including bills of lading, invoices, etc.) to the buyer in order to get paid for the shipment.

B.

Discuss the following issues:

1. What is the responsible role for developed nations to play in the economies of less developed nations?

2. What are moral and ecological implications of using huge earth resources to sustain the levels of production and growth?

3. What constitutes a sustainable growth?

4. How much can and should NIC rely on foreign borrowing?

5. How much money for capital investment can NICs reasonably expect to generate themselves?

6. What is your opinion of the classification of nations into developed, newly developed and developing ones? Can you think of another principle of classification?