| 1 |
A charter party is |
- A. A contract to reserve a ship for carrying goods
- B. Application for opening the letter of credit
- C. Letter of indemnity
- D. All the three
|
| 2 |
Because of international trade, the less developed countries make progress: |
- A. Economically
- B. Politically
- C. Stately/republically
- D. None of the above
|
| 3 |
The bill of lading reveals the |
- A. Legal ownership of goods
- B. Price of goods
- C. Government ownership of goods
- D. None of the above
|
| 4 |
What does happen after the exchange of goods: |
- A. Development of cordial relations between the countries
- B. More chances of fight or war
- C. Economic crises arise
- D. Scarcity of goods
|
| 5 |
Who does write the delivery order |
- A. Exporter
- B. Owner of goods at port
- C. Importer's bank
- D. Govt. agent
|
| 6 |
If goods are bought from another country for exporting, it is called: |
- A. Export trade
- B. Import trade
- C. Entrepot trade
- D. None of these
|
| 7 |
A charter party is: |
- A. A contract to reserve a ship for carrying goods
- B. Application for opening the letter of credit
- C. Letter of indemnity
- D. All the three
|
| 8 |
What does happen after the exchange of goods |
- A. Development of cordial relations between the countries
- B. More chances of fight or war
- C. Economic crises arise
- D. Scarcity of goods
|
| 9 |
The person who makes arrangements for the departure of goods |
- A. Forwarding agent
- B. Clearing agent
- C. Commission agent
- D. Underwriter
|
| 10 |
Due to foreign trade, the less developed countries: |
- A. Becomes international slaves
- B. Do not progress
- C. Do not live alone
- D. None of these
|
