INTERNATIONAL TRADE
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ONLINE EXAMINATIONS
The online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam again
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IT. Which of the following is not a mode of transportation?
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IT. Exports create:
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IT. NAFTA means
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IT. ……… system refers to the practice of loading barges (lighters) aboard a larger vessel for transport
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IT. ……… is the payment method most often used in international trade which offers the exporter best assurance of being paid for the products sold internationally
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IT. The price quoted by the seller for the product
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IT.By having business in different countries, a firm reduces……….
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IT. Which of the following cargo types has had the greatest impact on multimodal transport?
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IT. Trade between the nation without any restriction is known as………..
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IT. What is another name for an air waybill?
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IT. The Incoterm providing least responsibility to seller is
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IT. Many representative contracts provide that any dispute between the parties shall be submitted to arbitration for final settlement in accordance with the rules of the
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IT. A document that contains a precise description of the goods is known as a……….
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IT. Incoterm is specific about the responsibility for marine insurance in case of
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IT. Which of the following term cannot be used for transportation of goods by Road or Air?
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IT. Foreign trade creates among countries ………
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IT. IATA was formed in
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IT. Basic need potential is often determined by environmental conditions such as:
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IT. A commercial invoice is issued by……….
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IT. The following payment method could be risky for the seller:
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IT. ……… and ……… of cargo has the added advantage of synchronizing promotions and long-term inventory decisions for customers
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IT. OPEC means
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IT. Which of the following is international trade:
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IT. Hazardous goods attract………. freight rates
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IT. Which of the following is an important document in international trade?
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IT. The Secretariat of the WTO is headed by the
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IT. Railway station is to the train while ………is to the ocean-going vessel
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IT. ………… is duty or tax imposed on a commodity when it crosses the national boundaries
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IT. A multinational corporation (MNC) is defined by………...
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IT. In a commercial shipping transaction, which of the following documents functions as a document of title by which goods may be transferred to a consignee or other party?
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IT. Internal trade is otherwise called…………
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IT. Which of the following countries is not a member of the Economic Community of West African States?
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IT. Which of the following agencies is not under the Federal Ministry of Transport?
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IT. International chamber of commerce was established on………...
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IT. The annual cargo throughout at port generally refers to the
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IT. In which way do Chinese firms typically exploit foreign market opportunities?
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IT. The cheapest means of transportation is …….
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IT. Final selection of supplier is based on:
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IT. PESTLE is an acronym for what?
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IT. ………. are vessels designed to carry cars
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IT. ……… advices ship owner on various port details
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IT. Advising of letter of credit will be done by the bank
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IT. Irrevocable letters of credit:
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IT. FMCG means
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IT. Seaport location would encourage all except?
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IT. Transportation provides……….. utility to goods
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IT. Which of the following modes of transportation has been widely used for inter-continental trips?
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IT. The beneficiary under a letter of credit is
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IT. The method of payment where the exporter relies on the undertaking of a bank to pay is
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IT. ……… is a one who agrees to ship all portion of his cargo through members of liner conference
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