Question # 1

How many copies of bill of lading are prepared

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Two

Three

Four

Five

If goods are bought from another country for exporting, it is called:

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Export trade

Import trade

Entrepot trade

None of these

What is written on the bill of entry of goods

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Quantity and price

Value of insurance

Quality and type

None of the above

What is prepared after sending the goods

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Bill of lading

Invoice

Receipt of mate

All of these

The bill of trading reveals the:

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Legal ownership of goods

Price of goods

Government ownership of goods

None of the above

What does happen after the exchange of goods

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Development of cordial relations between the countries

More chances of fight or war

Economic crises arise

Scarcity of goods

The document issued by an authorized officer after counting and checking the loaded goods on ship

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Shipping order

Receipt order

Marine insurance

Bill of lading

Who does write the delivery order

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Exporter

Owner of goods at port

Importer's bank

Govt. agent

Due to foreign trade, the less developed countries:

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Becomes international slaves

Do not progress

Do not live alone

None of these

The person who makes arrangements for the departure of goods

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Forwarding agent

Clearing agent

Commission agent

Underwriter

A charter party is

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

What is written on the bill of entry of goods:

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Quantity and price

Value of insurance

Quality and type

None of the above

A charter party is:

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

Because of international trade, the less developed countries make progress

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Economically

Politically

Stately/republically

None of the above

Who does write the delivery order:

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Exporter

Owner of goods at port

Importer's bank

Govt. agnet

The exporter gets the certificate of origin from

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Chamber of commerce

Custom officials

Importing bank

Exporting bank

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