Unit 1 New Business Opening Section 1Practice Notice Section 2 Company Profile Section 3 Product Presentation Section 4 Commercial Advertisement Unit 2 Credit Investigation Section 1 Letter of Credit Investigation Section 2 Favorable Reply Section 3 Unfavorable Reply Unit 3 Establishment of Business Relations Section 1 Letter of Establishing Business Relations Section 2 Favorable Reply Section 3 Unfavorable Reply Unit 4 Business Negotiation Section 1 Inquiry and Offer Section 2 Counteroffer and Acceptance Unit 5 Payment Section 1 L/C Operation Section 2 Other Payment Letters Unit 6 Goods Delivery Section 1 Packing Section 2 Shipment Unit 7 Insurance and Claims Section 1 Insurance Section 2 Claims Unit 8 Transaction Review Section 1 For Acceptance Section 2 For Dishonour Unit 9 Agency Section 1 General Agency Section 2Sole Agency Unit 10 Social Communication Section 1 Invitation Section 2 Appointment Section 3 Congratulations and Wishes Section 4 Reservation Appendix Part 1 Commonly Used Vocabulary in International Trade Part 2 Commonly Used Contracts and Agreements Part 3 Relative Documents and Credits References