The choice of a proper Incoterm is a critical decision because?
a. it can be an integral part of export strategy.
b. it is linked to the level of customer service
c. the firm is attempting to provide it can be a competitive advantage
d. All of the above
e. None of
Answer: d. All of the above
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Export Marketing
- Sometimes a third bank, in addition to the issuing bank and the advising bank becomes involved with a letter of credit. This bank is called a _________?
- International factoring______?
- An exporter can conduct its international business in a manner similar to the way it and most companies conduct domestic business by using?
- International commercial risk can be evaluated by ____?
- The risk(s) that an EXPORTER takes in requesting cash in advance as a means of payment is/are?
- Among other reasons, international transactions are perceived to have more risk of nonpayment because of?
- Argentina, after being chastised by the World Trade Organization for having increased its duty rate on footwear, reduced them, and immediately reimposed them through a ___ tax designed to protect its footwear industry against foreign competition?
- In the Harmonized System of classification, an incomplete or unfinished product is classified ___?
- Required documentation for entry into essentially all countries includes ___?
- Generally speaking, countries with scarce foreign currency resources will attempt to limit the granting of import licenses to companies that have generated export revenues and ___?
- A value-added tax is eventually only paid by __?
- The sentence " This merchandise licensed by U.S. for ultimate destination [country]. Diversion contrary to U.S. Law prohibited " is _____?
- The pro forma invoice ___?
- The commercial invoice ___.
- The commercial invoice
- A Certificate of Origin must be signed by the importer's chamber of commerce?
- A country may use import documents to enact a protectionist policy?
- Export quotas can be used to control scarce resources or prices of products for which a country has a monopoly?
- Most End-Use Certificates are provided by the governments of exporting countries?
- The Shipper's Export Declaration is required for export parcels valued at more than $500 that are sent through the postal system?
- A specialized commercial invoice is considered a trade barrier?
- A consular invoice can be considered a trade barrier?
- Requirements for an export license can be used by a country to control the outflow of certain goods?
- The main billing document in a shipment is the pro forma invoice?