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- Multiple ChoicePlease save your changes before editing any questions.
It involves dealing with different languages, cultures, laws, rules, regulations, and requirements.
Capital market
Foreign market
Global market
Market organization
- Multiple ChoicePlease save your changes before editing any questions.
It refers to the competing companies' services and products in the international market.
Domestic competition
Direct competition
Indirect competition
Global competition
- Multiple ChoicePlease save your changes before editing any questions.
Trade finance makes it impossible and easier for importers and exporters to transact business through trade.
TRUE
FALSE
- Multiple ChoicePlease save your changes before editing any questions.
It refers to potential losses arising from the trading partners or the market.
Commercial risk
Currency financial / Monetary risk
Political risk
Country risk
- Multiple ChoicePlease save your changes before editing any questions.
Intermodal shipping refers to moving freight by two or more modes of transportation.
TRUE
FALSE
- Multiple ChoicePlease save your changes before editing any questions.
The ______ are a set of 11 individual rules issued by the International Chamber of Commerce (ICC)
Bill of Lading
Port Storage
Incoterms
Detention
- Multiple ChoicePlease save your changes before editing any questions.
The following are the seven Incoterms 2020 rules for any mode(s) of transport, except one:
EXW- Ex Works
FAS- Free Alongside Ship
DPU- Delivered at Place Unloader
CIP- Carriage and Insurance Paid to
- Multiple ChoicePlease save your changes before editing any questions.
A shipping invoice is also referred to as a ____.
Bill of lading
Freight out shipment of goods.
Freight in shipment of goods.
A bill
- Multiple ChoicePlease save your changes before editing any questions.
A form that is submitted by an exporter at the port of export.
Common export documents
Common import documents
Export declaration
Customs airport declaration
- Multiple ChoicePlease save your changes before editing any questions.
Custom airport declaration is a form that is submitted by an exporter at the port of export
TRUE
FALSE