Question 1

An express authorization by a given country's government to export a specific product before it is shipped is called a(n)____________________ license.

Accepted Answer

The answer of An express authorization by a given country's...

Question 2

Requirements for an export license can be used by a country to control the outflow of certain goods.

Accepted Answer

A) True 
 B)False

Question 3

A(n)____________________ license is designed to prevent the import of non-essential or overly luxurious products in developing countries with a short supply of foreign currency.

Accepted Answer

The answer of A(n)____________________ license is designed to prevent the...

Question 4

An air waybill

Accepted Answer

A)  is always straight. 
B)  is also used in ocean transportation. 
C)  serves as an individual validated export license. 
D)  can serve as a shipper's export declaration. 
E)  None of the above 
A)  is always straight. 
B)  is also used in ocean transportation. 
C)  serves as an individual validated export license. 
D)  can serve as a shipper's export declaration. 
E)  None of the above

Question 5

An import license is usually provided by an independent laboratory or independent inspection company attesting to composition of certain shipped products.

Accepted Answer

A) True 
 B)False

Question 6

Even when validated export licenses are not required,exporters are responsible for determining if there are "red flags" in a transaction,such as

Accepted Answer

A)  a cash sale for a product generally purchased on credit terms. 
B)  the product is sold to a company that does not appear to be in the exporter's main line of business. 
C)  the importer appears on the BIS's "List of Specially Designated Nationals." 
D)  All of the above 
E)  None of the above. 
A)  a cash sale for a product generally purchased on credit terms. 
B)  the product is sold to a company that does not appear to be in the exporter's main line of business. 
C)  the importer appears on the BIS's "List of Specially Designated Nationals." 
D)  All of the above 
E)  None of the above.

Question 7

A detailed Shipper's Letter of Instruction can be critical in ____________________ shipments.

Accepted Answer

The answer of A detailed Shipper's Letter of Instruction can...

Question 8

The United States requires a(n)____________________ Export Declaration.

Accepted Answer

The answer of The United States requires a(n)____________________ Export Declaration....

Question 9

An SED is

Accepted Answer

A)  an Incoterm. 
B)  a proprietary commercial electronic data interchange. 
C)  a manifest. 
D)  a certificate of title. 
E)  None of the above 
A)  an Incoterm. 
B)  a proprietary commercial electronic data interchange. 
C)  a manifest. 
D)  a certificate of title. 
E)  None of the above

Question 10

Bolero is an international document transmission system that offers payment capability.

Accepted Answer

A) True 
 B)False

Question 11

End-Use Certificates

Accepted Answer

A)  are provided by the governments of the exporting country. 
B)  certify that the product is going to be used for a legitimate purpose. 
C)  must be signed by the exporter's chamber of commerce. 
D)  All of the above 
E)  None of the above. 
A)  are provided by the governments of the exporting country. 
B)  certify that the product is going to be used for a legitimate purpose. 
C)  must be signed by the exporter's chamber of commerce. 
D)  All of the above 
E)  None of the above.

Question 12

A manifest is an internal document of the shipping company and is not examined by government entities.

Accepted Answer

A) True 
 B)False

Question 13

A Phyto-Sanitary Certificate is for ____________________ products and foodstuffs.

Accepted Answer

The answer of A Phyto-Sanitary Certificate is for ____________________ products...

Question 14

A government will use a(n)_____ to attempt to control the export of national treasures or antiques.

Accepted Answer

A)  export license 
B)  consular invoice 
C)  Uniform Commercial Code 
D)  duty 
E)  None of the above 
A)  export license 
B)  consular invoice 
C)  Uniform Commercial Code 
D)  duty 
E)  None of the above

Question 15

The invoice that corresponds to an actual shipment is called the commercial invoice.

Accepted Answer

A) True 
 B)False

Question 16

Bolero does not use a shared EDI network,but is proprietary.

Accepted Answer

A) True 
 B)False

An express authorization by a given country's government to export a specific product before it is shipped is called a(n)____________________ license.

Requirements for an export license can be used by a country to control the outflow of certain goods.

A(n)____________________ license is designed to prevent the import of non-essential or overly luxurious products in developing countries with a short supply of foreign currency.

An air waybill

An import license is usually provided by an independent laboratory or independent inspection company attesting to composition of certain shipped products.

Even when validated export licenses are not required,exporters are responsible for determining if there are "red flags" in a transaction,such as

A detailed Shipper's Letter of Instruction can be critical in ____________________ shipments.

The United States requires a(n)____________________ Export Declaration.

An SED is

Bolero is an international document transmission system that offers payment capability.

End-Use Certificates

A manifest is an internal document of the shipping company and is not examined by government entities.

A Phyto-Sanitary Certificate is for ____________________ products and foodstuffs.

A government will use a(n)_____ to attempt to control the export of national treasures or antiques.

The invoice that corresponds to an actual shipment is called the commercial invoice.

Bolero does not use a shared EDI network,but is proprietary.

Introduction

International Supply Chain Management

International Logistics Infrastructure

Methods of Entry into Foreign Markets

International Contracts

Terms of Trade or Incoterms

Terms of Payment

Currency of Payment (Managing Transaction Risks)

International Insurance

International Ocean Transportation

International Air Transportation

International Land and Multi-Modal Transportation

Packaging for Export

International Logistics Security

Customs Clearance

Using International Logistics for Strategic Advantage

Filters

Exam 9: International Commercial Documents

An express authorization by a given country's government to export a specific product before it is shipped is called a(n)____________________ license.

Requirements for an export license can be used by a country to control the outflow of certain goods.

A(n)____________________ license is designed to prevent the import of non-essential or overly luxurious products in developing countries with a short supply of foreign currency.

An air waybill

An import license is usually provided by an independent laboratory or independent inspection company attesting to composition of certain shipped products.

Even when validated export licenses are not required,exporters are responsible for determining if there are "red flags" in a transaction,such as

A detailed Shipper's Letter of Instruction can be critical in ____________________ shipments.

The United States requires a(n)____________________ Export Declaration.

An SED is

Bolero is an international document transmission system that offers payment capability.

End-Use Certificates

A manifest is an internal document of the shipping company and is not examined by government entities.

A Phyto-Sanitary Certificate is for ____________________ products and foodstuffs.

A government will use a(n)_____ to attempt to control the export of national treasures or antiques.

The invoice that corresponds to an actual shipment is called the commercial invoice.

Bolero does not use a shared EDI network,but is proprietary.

Introduction

International Supply Chain Management

International Logistics Infrastructure

Methods of Entry into Foreign Markets

International Contracts

Terms of Trade or Incoterms

Terms of Payment

Currency of Payment (Managing Transaction Risks)

International Insurance

International Ocean Transportation

International Air Transportation

International Land and Multi-Modal Transportation

Packaging for Export

International Logistics Security

Customs Clearance

Using International Logistics for Strategic Advantage

Filters