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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 |
Created by:
Schuyler Madison Lisette
on 2012-03-26