Question 1

Which of the following is a benefit of a physical distribution system?

Accepted Answer

A) piggy-back cargo service 
B) cargo passenger service 
C) air drop capability 
D) optimal production capacity 
E) free ocean transport 
A) piggy-back cargo service 
B) cargo passenger service 
C) air drop capability 
D) optimal production capacity 
E) free ocean transport

Question 2

Because of new trade agreements that have been recently signed,only a few countries still control the movement of goods crossing their borders rigidly.

Accepted Answer

A) True 
 B)False

Question 3

The ___________ rule requires that containers shipped into the United States must have a detailed manifest to U.S.Customs 24-hours before a container is loaded on board a vessel.

Accepted Answer

A) Anti-Terrorist 
B) Port Authority 
C) 24-Hour 
D) Day-in-Advance 
E) Container Content 
A) Anti-Terrorist 
B) Port Authority 
C) 24-Hour 
D) Day-in-Advance 
E) Container Content

Question 4

_____________ regulations may be designed to conserve scarce goods for home consumption or to control the flow of strategic goods to actual or potential enemies.

Accepted Answer

A) Export 
B) Import 
C) Demand 
D) Supply 
E) Maritime 
A) Export 
B) Import 
C) Demand 
D) Supply 
E) Maritime

Question 5

With respect to terms of sale,FOB stands for _________ _________ __________.

Accepted Answer

The answer of With respect to terms of sale,FOB stands...

Question 6

Which of the following is a duty that is a stipulated amount per unit of weight or some other measure of quantity?

Accepted Answer

A) ad valorem duty 
B) specific duty 
C) compound duty 
D) percentage duty 
E) fabricated duty 
A) ad valorem duty 
B) specific duty 
C) compound duty 
D) percentage duty 
E) fabricated duty

Question 7

Which of the following is a benefit of a physical distribution system?

Accepted Answer

A) cargo passenger service 
B) air drop capability 
C) piggy-back cargo service 
D) more dependable delivery service 
E) free ocean transport 
A) cargo passenger service 
B) air drop capability 
C) piggy-back cargo service 
D) more dependable delivery service 
E) free ocean transport

Question 8

Dollar __________ have advantages for the seller because an accepted draft frequently can be discounted at a bank for immediate payment.

Accepted Answer

A) drafts 
B) bills 
C) date 
D) parallel 
E) forfaiting 
A) drafts 
B) bills 
C) date 
D) parallel 
E) forfaiting

Question 9

What is the function of the Commerce Country Chart?

Accepted Answer

The Commerce Country Chart helps the exp

Question 10

Pick any three of the following international trade acronyms and explain what the acronym refers to and give a brief summary of how it is used in terms of sale.Terms--CIF,C&F,FAS,FOB,and EX.

Accepted Answer

The trade terms are (a)CIF--co

Question 11

The only real benefit of a sound physical distribution system is the cost advantage that it brings to the buyers and sellers engaged in the process.

Accepted Answer

A) True 
 B)False

Question 12

According to the exporting process,all of the following would be considered to be types of documentation for goods leaving a country EXCEPT:

Accepted Answer

A) confidentially agreement 
B) commercial invoice 
C) bar codes of goods 
D) exchange rate agreement 
E) a consular invoice 
A) confidentially agreement 
B) commercial invoice 
C) bar codes of goods 
D) exchange rate agreement 
E) a consular invoice

Question 13

In the United States,the ____________ List indicates the exportability status of an item.

Accepted Answer

The answer of In the United States,the ____________ List indicates...

Question 14

Another name for bills of exchange is ________ __________.

Accepted Answer

The answer of Another name for bills of exchange is...

Question 15

The concept behind _______________ is the achievement of the optimum (lowest)system cost consistent with the customer service objectives of the firm.

Accepted Answer

A) reseller maintenance 
B) warehousing 
C) inventory control 
D) FOB 
E) physical distribution 
A) reseller maintenance 
B) warehousing 
C) inventory control 
D) FOB 
E) physical distribution

Question 16

What does the Commerce Country Chart (CCC)do?

Accepted Answer

A) It tells how much commerce a country does. 
B) It helps you determine,based on the reasons for control associated with an item,if you need a license to export or re-export the item. 
C) It ranks countries based on amount of commerce. 
D) It tells what government agencies might have placed restrictions on goods that are to be exported. 
E) It provides a complete listing of country bar codes. 
A) It tells how much commerce a country does. 
B) It helps you determine,based on the reasons for control associated with an item,if you need a license to export or re-export the item. 
C) It ranks countries based on amount of commerce. 
D) It tells what government agencies might have placed restrictions on goods that are to be exported. 
E) It provides a complete listing of country bar codes.

Question 17

________________ is an automated voice-response system for tracking applications.

Accepted Answer

A) ELAIN (Export License Application and Information Network) 
B) STELA (System for Tracking Export License Applications) 
C) ERIC (Electronic Request for Item Classification) 
D) SNAP (Simplified Network Application Process) 
E) ITIS (International Trade Information System) 
A) ELAIN (Export License Application and Information Network) 
B) STELA (System for Tracking Export License Applications) 
C) ERIC (Electronic Request for Item Classification) 
D) SNAP (Simplified Network Application Process) 
E) ITIS (International Trade Information System)

Question 18

Use of a combination of rail,truck,plane,and ship shipping methods is called _______________ shipping.

Accepted Answer

A) containerization 
B) packaging 
C) mass shipping 
D) cargo boxing 
E) intermodal 
A) containerization 
B) packaging 
C) mass shipping 
D) cargo boxing 
E) intermodal

Question 19

If a buyer and seller in an international transaction use the letter of credit format for completing the marketing transaction between the two,what is the last step in the process?

Accepted Answer

A) the seller files the letter of credit. 
B) the buyer files the letter of credit. 
C) the seller receives payment. 
D) the goods are released to the buyer. 
E) a customs broker receives the goods for processing. 
A) the seller files the letter of credit. 
B) the buyer files the letter of credit. 
C) the seller receives payment. 
D) the goods are released to the buyer. 
E) a customs broker receives the goods for processing.

Question 20

In _____________,the price quoted covers costs only at the point of origin.All other charges are the buyer's concern.

Accepted Answer

A) CIF 
B) C&F 
C) FAS 
D) FOB 
E) EX 
A) CIF 
B) C&F 
C) FAS 
D) FOB 
E) EX

Which of the following is a benefit of a physical distribution system?

Because of new trade agreements that have been recently signed,only a few countries still control the movement of goods crossing their borders rigidly.

The ___________ rule requires that containers shipped into the United States must have a detailed manifest to U.S.Customs 24-hours before a container is loaded on board a vessel.

_____________ regulations may be designed to conserve scarce goods for home consumption or to control the flow of strategic goods to actual or potential enemies.

With respect to terms of sale,FOB stands for _____ _ ______.

Which of the following is a duty that is a stipulated amount per unit of weight or some other measure of quantity?

Which of the following is a benefit of a physical distribution system?

Dollar __________ have advantages for the seller because an accepted draft frequently can be discounted at a bank for immediate payment.

What is the function of the Commerce Country Chart?

Pick any three of the following international trade acronyms and explain what the acronym refers to and give a brief summary of how it is used in terms of sale.Terms--CIF,C&F,FAS,FOB,and EX.

The only real benefit of a sound physical distribution system is the cost advantage that it brings to the buyers and sellers engaged in the process.

According to the exporting process,all of the following would be considered to be types of documentation for goods leaving a country EXCEPT:

In the United States,the ____________ List indicates the exportability status of an item.

Another name for bills of exchange is __.

The concept behind _______________ is the achievement of the optimum (lowest)system cost consistent with the customer service objectives of the firm.

What does the Commerce Country Chart (CCC)do?

________________ is an automated voice-response system for tracking applications.

Use of a combination of rail,truck,plane,and ship shipping methods is called _______________ shipping.

If a buyer and seller in an international transaction use the letter of credit format for completing the marketing transaction between the two,what is the last step in the process?

In _____________,the price quoted covers costs only at the point of origin.All other charges are the buyer's concern.

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: A Critical Concern

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Emerging Markets

Multinational Market Regions and Market Groups

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Negotiating With International Customers, Partners, and Regulators

Filters

Exam 15: Exporting and Logistics: Special Issues for Business

Which of the following is a benefit of a physical distribution system?

Because of new trade agreements that have been recently signed,only a few countries still control the movement of goods crossing their borders rigidly.

The ___________ rule requires that containers shipped into the United States must have a detailed manifest to U.S.Customs 24-hours before a container is loaded on board a vessel.

_____________ regulations may be designed to conserve scarce goods for home consumption or to control the flow of strategic goods to actual or potential enemies.

With respect to terms of sale,FOB stands for _________ _________ __________.

Which of the following is a duty that is a stipulated amount per unit of weight or some other measure of quantity?

Which of the following is a benefit of a physical distribution system?

Dollar __________ have advantages for the seller because an accepted draft frequently can be discounted at a bank for immediate payment.

What is the function of the Commerce Country Chart?

Pick any three of the following international trade acronyms and explain what the acronym refers to and give a brief summary of how it is used in terms of sale.Terms--CIF,C&F,FAS,FOB,and EX.

The only real benefit of a sound physical distribution system is the cost advantage that it brings to the buyers and sellers engaged in the process.

According to the exporting process,all of the following would be considered to be types of documentation for goods leaving a country EXCEPT:

In the United States,the ____________ List indicates the exportability status of an item.

Another name for bills of exchange is ________ __________.

The concept behind _______________ is the achievement of the optimum (lowest)system cost consistent with the customer service objectives of the firm.

What does the Commerce Country Chart (CCC)do?

________________ is an automated voice-response system for tracking applications.

Use of a combination of rail,truck,plane,and ship shipping methods is called _______________ shipping.

If a buyer and seller in an international transaction use the letter of credit format for completing the marketing transaction between the two,what is the last step in the process?

In _____________,the price quoted covers costs only at the point of origin.All other charges are the buyer's concern.

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: A Critical Concern

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Emerging Markets

Multinational Market Regions and Market Groups

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Negotiating With International Customers, Partners, and Regulators

Filters

With respect to terms of sale,FOB stands for _____ _ ______.

Another name for bills of exchange is __.