The most powerful institution of the EU is the Council of Ministers. It has the final say on allimportant matters. Decisions of the council are made by votes allocated to member countries onthe basis of their size. Different ministers attend the council meetings depending on the mattersdiscussed.

世界贸易组织的主要目的是为了促进贸易自由、进一步减少贸易壁垒并建立更有效的贸易纠纷解决机制。

有形贸易指货物的进出口贸易,而无形贸易涉及的是国家间的服务交换。

现代信用证在 19 世纪后半叶开始采用,第一次世界大战后得到了实质性的发展。

选择权是指在特定的时间内按规定的价格购买或出售一种证券的权利。

跨国公司是由一个以上国家拥有、控制和经营资产的商业组织。

What are the major factors that may influence the exchange rate?

The most powerful institution of the EU is the Council of Ministers. It has the final say on allimportant matters. Decisions of the council are made by votes allocated to member countries onthe basis of their size. Different ministers attend the council meetings depending on the mattersdiscussed.

No matter whether business negotiation is conducted orally or by way of writing, transaction is considered concluded once an offer or a counter-offer is accepted. That is to say, a legitimatecontract can be either in writer or oral form. In business practice, however, a written contract isgenerally prepared and signed as the proof of the agreement and as the basis for its execution.

Can you give an example to illustrate “insurable interest”?

What is a draft? What are the relevant parties in relation to a draft?