Question 1

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

Accepted Answer

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

Question 2

According to the exporting process,which of the following would be considered to be a type of documentation for goods leaving a country?

Accepted Answer

A) export declaration 
B) confidentially agreement 
C) bar codes of goods 
D) exchange rate agreement 
E) retained earnings statement 
A) export declaration 
B) confidentially agreement 
C) bar codes of goods 
D) exchange rate agreement 
E) retained earnings statement

Question 3

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) exchange rate agreement 
B) retained earnings statement 
C) bill of lading 
D) confidentially agreement 
E) bar codes of goods 
A) exchange rate agreement 
B) retained earnings statement 
C) bill of lading 
D) confidentially agreement 
E) bar codes of goods

Question 4

With respect to terms of sale,CIF stands for ___________,__________,and ________.

Accepted Answer

cost ;insu

Question 5

The exporter is responsible for selecting the proper classification number known as the __________________ for the item to be exported.

Accepted Answer

A) Inventory Tracking Number 
B) Personal Identification Number 
C) Export Control Classification Number 
D) Security Control Number 
E) ExIm Number 
A) Inventory Tracking Number 
B) Personal Identification Number 
C) Export Control Classification Number 
D) Security Control Number 
E) ExIm Number

Question 6

The term of sale called CIF stands for cost,insurance,and freight.

Accepted Answer

A) True 
 B)False

Question 7

A __________ is an absolute restriction against trade with a country,or trade of specific goods.

Accepted Answer

A) standard 
B) restriction 
C) boycott 
D) demarcation declaration 
E) quota 
A) standard 
B) restriction 
C) boycott 
D) demarcation declaration 
E) quota

Question 8

The most important reasons to set quotas are to protect ______ and to conserve _______________.

Accepted Answer

domestic i

Question 9

A boycott is an absolute restriction against trade with a country,or trade of specific goods.

Accepted Answer

A) True 
 B)False

Question 10

Export 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) True 
 B)False

Question 11

If a seller sold an account receivable to a foreign bank (a one-time arrangement)for immediate cash,the process would be known as ___________.

Accepted Answer

The answer of If a seller sold an account receivable...

Question 12

_____________ are the taxes or customs duties levied against goods imported from another country.

Accepted Answer

A) Tariffs 
B) Exchange permits 
C) Import licenses 
D) Quotas 
E) Standards 
A) Tariffs 
B) Exchange permits 
C) Import licenses 
D) Quotas 
E) Standards

Question 13

An example of what is called customs-privileged facilities is a free trade zone.

Accepted Answer

A) True 
 B)False

Question 14

The concept of _____________ takes into account the interdependence of the costs of each activity.

Accepted Answer

A) reselling 
B) intermediary control 
C) purchasing 
D) physical distribution 
E) channel design 
A) reselling 
B) intermediary control 
C) purchasing 
D) physical distribution 
E) channel design

Question 15

Which of the following is an acceptable way to determine a product's Export Control Classification Number?

Accepted Answer

A) You can look it up online. 
B) You can contact a local Better Business Bureau representative. 
C) You can contact the manufacturer to see if they already have an ECCN. 
D) You can contact the buyer of the product and get the number from them. 
E) You can request the manufacturer to see if they have product bar codes. 
A) You can look it up online. 
B) You can contact a local Better Business Bureau representative. 
C) You can contact the manufacturer to see if they already have an ECCN. 
D) You can contact the buyer of the product and get the number from them. 
E) You can request the manufacturer to see if they have product bar codes.

Question 16

With respect to tariffs,a compound duty is based solely on a stipulated amount per unit weight or some other measure of quantity.

Accepted Answer

A) True 
 B)False

Question 17

Another name for terms of sale is ________ ___________.

Accepted Answer

The answer of Another name for terms of sale is...

Question 18

In order to get a license to export,a company must first get an Export Control Classification Number (ECCN).

Accepted Answer

A) True 
 B)False

Question 19

The Export Control Classification Number leads to a description in the _____________,which indicates the exportability status of the item.

Accepted Answer

A) Security Control List 
B) United Nations Export List 
C) United States Inventory of Goods and Services 
D) Commerce Control List 
E) Controlled Substances List 
A) Security Control List 
B) United Nations Export List 
C) United States Inventory of Goods and Services 
D) Commerce Control List 
E) Controlled Substances List

Question 20

In U.S.domestic trade,the typical payment procedure for established customers is _____________ where the goods are delivered and the customer is billed on an end-of-the-month basis.

Accepted Answer

A) letters of credit 
B) open account 
C) bills of exchange 
D) closed account 
E) third-party account 
A) letters of credit 
B) open account 
C) bills of exchange 
D) closed account 
E) third-party account

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

According to the exporting process,which of the following would be considered to be a type of documentation for goods leaving a country?

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

With respect to terms of sale,CIF stands for _,,and .

The exporter is responsible for selecting the proper classification number known as the __________________ for the item to be exported.

The term of sale called CIF stands for cost,insurance,and freight.

A __________ is an absolute restriction against trade with a country,or trade of specific goods.

The most important reasons to set quotas are to protect and to conserve _________.

A boycott is an absolute restriction against trade with a country,or trade of specific goods.

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

If a seller sold an account receivable to a foreign bank (a one-time arrangement)for immediate cash,the process would be known as ___________.

_____________ are the taxes or customs duties levied against goods imported from another country.

An example of what is called customs-privileged facilities is a free trade zone.

The concept of _____________ takes into account the interdependence of the costs of each activity.

Which of the following is an acceptable way to determine a product's Export Control Classification Number?

With respect to tariffs,a compound duty is based solely on a stipulated amount per unit weight or some other measure of quantity.

Another name for terms of sale is ___.

In order to get a license to export,a company must first get an Export Control Classification Number (ECCN).

The Export Control Classification Number leads to a description in the _____________,which indicates the exportability status of the item.

In U.S.domestic trade,the typical payment procedure for established customers is _____________ where the goods are delivered and the customer is billed on an end-of-the-month basis.

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?

According to the exporting process,which of the following would be considered to be a type of documentation for goods leaving a country?

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

With respect to terms of sale,CIF stands for ___________,__________,and ________.

The exporter is responsible for selecting the proper classification number known as the __________________ for the item to be exported.

The term of sale called CIF stands for cost,insurance,and freight.

A __________ is an absolute restriction against trade with a country,or trade of specific goods.

The most important reasons to set quotas are to protect ______ and to conserve _______________.

A boycott is an absolute restriction against trade with a country,or trade of specific goods.

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

If a seller sold an account receivable to a foreign bank (a one-time arrangement)for immediate cash,the process would be known as ___________.

_____________ are the taxes or customs duties levied against goods imported from another country.

An example of what is called customs-privileged facilities is a free trade zone.

The concept of _____________ takes into account the interdependence of the costs of each activity.

Which of the following is an acceptable way to determine a product's Export Control Classification Number?

With respect to tariffs,a compound duty is based solely on a stipulated amount per unit weight or some other measure of quantity.

Another name for terms of sale is ________ ___________.

In order to get a license to export,a company must first get an Export Control Classification Number (ECCN).

The Export Control Classification Number leads to a description in the _____________,which indicates the exportability status of the item.

In U.S.domestic trade,the typical payment procedure for established customers is _____________ where the goods are delivered and the customer is billed on an end-of-the-month basis.

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,CIF stands for _,,and .

The most important reasons to set quotas are to protect and to conserve _________.

Another name for terms of sale is ___.