Question 1

Approximately how many databases (that can be used to help with international trade)are available online in the world?

Accepted Answer

A) 1,000 
B) 3,000 
C) 4,000 
D) 5,000 
E) 6,000 
A) 1,000 
B) 3,000 
C) 4,000 
D) 5,000 
E) 6,000

Question 2

The Ex-Im Bank is described as being a:

Accepted Answer

A) bank that lends exclusively to importers. 
B) new name for the old "World Bank." 
C) federally supported bank whose mission is to thwart communism by making loans to anti-communist nations and exporters. 
D) federally supported bank whose mission is to support exporters with necessary credit. 
E) bank which is not in existence yet.The concept still awaits Congressional approval. 
A) bank that lends exclusively to importers. 
B) new name for the old "World Bank." 
C) federally supported bank whose mission is to thwart communism by making loans to anti-communist nations and exporters. 
D) federally supported bank whose mission is to support exporters with necessary credit. 
E) bank which is not in existence yet.The concept still awaits Congressional approval.

Question 3

Describe the direct and indirect channels of distribution that are available to exporters.As part of the description process,indicate any conditions or advantages that might be present in these channels.

Accepted Answer

The students should be encouraged to sum

Question 4

When attempting to identify an appropriate overseas market and an appropriate segment,socioeconomic variables should be considered.All of the following
Are socioeconomic variables that should be considered EXCEPT:

Accepted Answer

A) demographics. 
B) economic. 
C) geographic. 
D) econometrics. 
E) climatic characteristics. 
A) demographics. 
B) economic. 
C) geographic. 
D) econometrics. 
E) climatic characteristics.

Question 5

Antidumping duties are assessed on imported merchandise sold to importers in
the United States at a price that is less than the fair market value.

Accepted Answer

A) True 
 B)False

Question 6

The identification of an appropriate overseas market and an appropriate segment involves grouping by all of the following criteria EXCEPT:

Accepted Answer

A) socioeconomic characteristics. 
B) political and legal characteristics. 
C) consumer variables. 
D) service variables. 
E) financial conditions. 
A) socioeconomic characteristics. 
B) political and legal characteristics. 
C) consumer variables. 
D) service variables. 
E) financial conditions.

Question 7

The Japan External Trade Organization (JETRO)is affiliated with the U.S.
department of Commerce.

Accepted Answer

A) True 
 B)False

Question 8

________________ channels refer to the legal export/import transaction involving genuine products into a country by intermediaries other than the authorized
Distributors.

Accepted Answer

A) Black market 
B) Gray market 
C) Positioned 
D) Zoned 
E) Red zone 
A) Black market 
B) Gray market 
C) Positioned 
D) Zoned 
E) Red zone

Question 9

When import duties are paid,the _________________ duty is a percentage of the value of the merchandise.

Accepted Answer

A) ad valorem 
B) specific 
C) compound 
D) nontariff 
E) import 
A) ad valorem 
B) specific 
C) compound 
D) nontariff 
E) import

Question 10

For a firm beginning exports for the first time,the first step is to use available ___________________.

Accepted Answer

A) primary data 
B) secondary data 
C) tertiary data 
D) Internet data 
E) intranet data 
A) primary data 
B) secondary data 
C) tertiary data 
D) Internet data 
E) intranet data

Question 11

Describe the role the U.S.government plays in maintaining and fostering export activities.Demonstrate this role with specific examples of activities that the government might undertake.

Accepted Answer

Generally,it is believed that government

Question 12

The American Export Trading Company act was passed in 1982.

Accepted Answer

A) True 
 B)False

Question 13

When import duties are paid,the _________________ duty is a specified amount of the per unit weight or other quantity of the merchandise.

Accepted Answer

A) ad valorem 
B) specific 
C) compound 
D) nontariff 
E) import 
A) ad valorem 
B) specific 
C) compound 
D) nontariff 
E) import

Question 14

Piggyback exporting refers to the practice where U.S.firms that have an established
export department assume,under a cooperative agreement,the responsibility of
exporting the products of other U.S.companies.

Accepted Answer

A) True 
 B)False

Question 15

___________________ are large,foreign organizations engaged in exporting and importing.They buy on their own account and export the goods to their home
Country.

Accepted Answer

A) Combination export manager (CEM) 
B) Export broker 
C) Export commission house 
D) Piggyback exporter 
E) Trading companies 
A) Combination export manager (CEM) 
B) Export broker 
C) Export commission house 
D) Piggyback exporter 
E) Trading companies

Question 16

The second pillar of the export transaction is the logistics of the export transaction. Included in this transaction are all of the following EXCEPT:

Accepted Answer

A) a bill of lading. 
B) the terms of sale. 
C) the payment. 
D) a dispute mechanism. 
E) monitoring of the shipment and delivery of the goods. 
A) a bill of lading. 
B) the terms of sale. 
C) the payment. 
D) a dispute mechanism. 
E) monitoring of the shipment and delivery of the goods.

Question 17

The World Bank publishes the World Development Report.

Accepted Answer

A) True 
 B)False

Question 18

The terms of payment between the exporter and importer are a matter of negotiation and depend on a variety of factors.All of the following might be on that list of
Factors EXCEPT:

Accepted Answer

A) the buyer's credit standing. 
B) the seller's reputation. 
C) the amount of the sale transaction. 
D) the risks associated with the type of merchandise to be shipped. 
E) the usual practice in the trade. 
A) the buyer's credit standing. 
B) the seller's reputation. 
C) the amount of the sale transaction. 
D) the risks associated with the type of merchandise to be shipped. 
E) the usual practice in the trade.

Question 19

All of the following are activities that an importer would normally go through in order to complete the purchase process.Which of the items listed below does not
Logically fit?

Accepted Answer

A) Find a bank in the exporter's country to handle financial transactions. 
B) Establish a letter of credit to smooth the process. 
C) Decide on the mode of transfer of goods. 
D) Always use an export or import middleman to expedite the process. 
E) Check compliance with national laws. 
A) Find a bank in the exporter's country to handle financial transactions. 
B) Establish a letter of credit to smooth the process. 
C) Decide on the mode of transfer of goods. 
D) Always use an export or import middleman to expedite the process. 
E) Check compliance with national laws.

Question 20

To get an idea of market segments in a foreign country,the marketer can first group regions within countries across the world by macroeconomic variables.
An illustration of one of these macroeconomic variables would be:

Accepted Answer

A) level of industrial development. 
B) purchase preferences. 
C) services sought. 
D) lifestyles. 
E) purchase frequency. 
A) level of industrial development. 
B) purchase preferences. 
C) services sought. 
D) lifestyles. 
E) purchase frequency.

Approximately how many databases (that can be used to help with international trade)are available online in the world?

The Ex-Im Bank is described as being a:

Describe the direct and indirect channels of distribution that are available to exporters.As part of the description process,indicate any conditions or advantages that might be present in these channels.

When attempting to identify an appropriate overseas market and an appropriate segment,socioeconomic variables should be considered.All of the following Are socioeconomic variables that should be considered EXCEPT:

Antidumping duties are assessed on imported merchandise sold to importers in the United States at a price that is less than the fair market value.

The identification of an appropriate overseas market and an appropriate segment involves grouping by all of the following criteria EXCEPT:

The Japan External Trade Organization (JETRO)is affiliated with the U.S. department of Commerce.

________________ channels refer to the legal export/import transaction involving genuine products into a country by intermediaries other than the authorized Distributors.

When import duties are paid,the _________________ duty is a percentage of the value of the merchandise.

For a firm beginning exports for the first time,the first step is to use available ___________________.

Describe the role the U.S.government plays in maintaining and fostering export activities.Demonstrate this role with specific examples of activities that the government might undertake.

The American Export Trading Company act was passed in 1982.

When import duties are paid,the _________________ duty is a specified amount of the per unit weight or other quantity of the merchandise.

Piggyback exporting refers to the practice where U.S.firms that have an established export department assume,under a cooperative agreement,the responsibility of exporting the products of other U.S.companies.

___________________ are large,foreign organizations engaged in exporting and importing.They buy on their own account and export the goods to their home Country.

The second pillar of the export transaction is the logistics of the export transaction. Included in this transaction are all of the following EXCEPT:

The World Bank publishes the World Development Report.

The terms of payment between the exporter and importer are a matter of negotiation and depend on a variety of factors.All of the following might be on that list of Factors EXCEPT:

All of the following are activities that an importer would normally go through in order to complete the purchase process.Which of the items listed below does not Logically fit?

To get an idea of market segments in a foreign country,the marketer can first group regions within countries across the world by macroeconomic variables. An illustration of one of these macroeconomic variables would be:

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

Exam 16: Export and Import Management

Approximately how many databases (that can be used to help with international trade)are available online in the world?

The Ex-Im Bank is described as being a:

Describe the direct and indirect channels of distribution that are available to exporters.As part of the description process,indicate any conditions or advantages that might be present in these channels.

When attempting to identify an appropriate overseas market and an appropriate segment,socioeconomic variables should be considered.All of the following Are socioeconomic variables that should be considered EXCEPT:

Antidumping duties are assessed on imported merchandise sold to importers in the United States at a price that is less than the fair market value.

The identification of an appropriate overseas market and an appropriate segment involves grouping by all of the following criteria EXCEPT:

The Japan External Trade Organization (JETRO)is affiliated with the U.S. department of Commerce.

________________ channels refer to the legal export/import transaction involving genuine products into a country by intermediaries other than the authorized Distributors.

When import duties are paid,the _________________ duty is a percentage of the value of the merchandise.

For a firm beginning exports for the first time,the first step is to use available ___________________.

Describe the role the U.S.government plays in maintaining and fostering export activities.Demonstrate this role with specific examples of activities that the government might undertake.

The American Export Trading Company act was passed in 1982.

When import duties are paid,the _________________ duty is a specified amount of the per unit weight or other quantity of the merchandise.

Piggyback exporting refers to the practice where U.S.firms that have an established export department assume,under a cooperative agreement,the responsibility of exporting the products of other U.S.companies.

___________________ are large,foreign organizations engaged in exporting and importing.They buy on their own account and export the goods to their home Country.

The second pillar of the export transaction is the logistics of the export transaction. Included in this transaction are all of the following EXCEPT:

The World Bank publishes the World Development Report.

The terms of payment between the exporter and importer are a matter of negotiation and depend on a variety of factors.All of the following might be on that list of Factors EXCEPT:

All of the following are activities that an importer would normally go through in order to complete the purchase process.Which of the items listed below does not Logically fit?

To get an idea of market segments in a foreign country,the marketer can first group regions within countries across the world by macroeconomic variables. An illustration of one of these macroeconomic variables would be:

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters