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InternationalTradeEx
International Trade: Importing & Exporting Finals Study
Question | Answer |
---|---|
CIF, FOB and DDP are examples of what? | INCOTERMS |
How many groups of INCOTERMS are there? | Four |
The latest set of INCOTERMS was published in what year? | 2010 |
INCOTERMS are what? | INCOTERMS are rules for importers and exporters. |
Name some parts of an international sales contract. | Offer, acceptance & consideration. |
The most important document for shipping goods is a what? | A bill of landing. |
What is the oldest mode of transportation? | Marine |
What are the mainstray of moving goods in North America? | Trucks |
What carries most of the goods today? | Multimodal |
Who is the shipper that is responsible for arranging and paying for the transportation of the goods? | Depends on INCOTERMS |
What is the liability of trucking companies in Canada? | $2.00 CAD per pound |