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| 1 | |
Within the exporting process, all of the following would be examples of documentation EXCEPT: |
| | A) | bill of lading. |
| | B) | packing insurance. |
| | C) | consular invoice. |
| | D) | special certificates. |
| | E) | export declaration. |
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| 2 | |
Which of the following would be considered to be a nontariff barrier? |
| | A) | taxes. |
| | B) | validated licenses. |
| | C) | commercial invoice. |
| | D) | bill of lading. |
| | E) | exchange permits. |
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| 3 | |
_____________ may be designed to conserve scarce goods for home consumption or to control the flow of strategic goods to actual or potential enemies. |
| | A) | Export regulations |
| | B) | Import regulations |
| | C) | Tariffs |
| | D) | Taxes |
| | E) | none of the above |
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| 4 | |
____________ may be imposed to protect health, conserve foreign exchange, serve as economic reprisals, protect home industry, or provide revenue in the form of tariffs. |
| | A) | Export regulations |
| | B) | Import regulations |
| | C) | Boycotts |
| | D) | Taxes |
| | E) | none of the above |
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| 5 | |
If a company wishes to export goods abroad it must first get a(n): |
| | A) | permission from the government. |
| | B) | license to do business abroad. |
| | C) | tax permit from its state where the business resides. |
| | D) | Export Control Classification Number (ECCN). |
| | E) | none of the above is the first step in exportation. |
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| 6 | |
The _________________ helps a company decide if the good to exported needs a license to export or re-export the good to a particular destination. |
| | A) | Export Control Classification Number |
| | B) | Commerce Country Chart (CCC) |
| | C) | the Red Flag Internet Alert System |
| | D) | A, B, and C |
| | E) | none of the above |
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| 7 | |
If the customer or purchasing agent is reluctant to offer information about the end use of a product or the customer has little or no business background, this should mean which of the following to a would-be-exporter? |
| | A) | the customer will pay a higher price |
| | B) | pricing will not be an issue |
| | C) | distribution will be difficult |
| | D) | a red flag is raised and the exporter should be alerted |
| | E) | communication will be a problem |
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| 8 | |
Which of the following enables exporters that have authorization to submit license applications via the Internet for commodities except supercomputers to all free-world destinations? |
| | A) | STELA |
| | B) | ELAIN |
| | C) | ERIC |
| | D) | SNAP |
| | E) | none of the above |
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| 9 | |
___________ is an alternative to paper license submissions, enables the exporter to submit export and reexport applications, high-performance computer notices, and commodity classification requests via the Internet. |
| | A) | STELA |
| | B) | ELAIN |
| | C) | ERIC |
| | D) | SNAP |
| | E) | none of the above |
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| 10 | |
An ad valorem duty is a form of a(n): |
| | A) | tax. |
| | B) | tariff. |
| | C) | license. |
| | D) | quota. |
| | E) | embargo. |
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| 11 | |
Especially troublesome to exporters are exchange restrictions placed on the flow of currency by some foreign countries. These restrictions come in the form of what is called a(n): |
| | A) | tax. |
| | B) | tariff. |
| | C) | license. |
| | D) | quota. |
| | E) | exchange permit. |
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| 12 | |
If a country wanted to place an absolute restriction against trade with a country it would impose which of the following? |
| | A) | a tax |
| | B) | a tariff |
| | C) | a license requirement |
| | D) | an exchange permit |
| | E) | a boycott |
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| 13 | |
A foreign importer agrees to pay CIF. What has the importer agreed to pay? |
| | A) | a currency exchange fee |
| | B) | a free on board freight fee |
| | C) | cost, insurance, and freight to the destination |
| | D) | freight to a named port |
| | E) | only freight for the duration of the distribution process |
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| 14 | |
Another name for an in-bond company that is common on the Mexican border with the United States is: |
| | A) | a freight-forwarder. |
| | B) | Maquiladoras. |
| | C) | an ex-im company. |
| | D) | a black marketer. |
| | E) | none of the above. |
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| 15 | |
With respect to exporting to the United States, the __________ rule states that sea carriers must provide U.S. Customs a detailed description (manifest) of contents of containers bound for the United States at least one day before the container is loaded on to a ship that will transport the cargo. |
| | A) | 9/11 |
| | B) | anti-terrorist |
| | C) | 24-hour |
| | D) | controlled substances rule |
| | E) | none of the above |
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