
Import Export Management - Documentation Flashcard
Flashcard
•
Business
•
University
•
Practice Problem
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Hard
An Nguyen Thi Hong
FREE Resource
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45 questions
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1.
FLASHCARD QUESTION
Front
What is the primary purpose of export documentation?
Back
To ensure smooth customs clearance and compliance with international trade regulations.
2.
FLASHCARD QUESTION
Front
What are the key components of a Commercial Invoice?
Back
Item descriptions, quantities, pricing, and terms of payment and delivery.
3.
FLASHCARD QUESTION
Front
What is a Bill of Lading?
Back
A contract between the shipper and carrier outlining the terms of transportation for the cargo.
4.
FLASHCARD QUESTION
Front
What does a Certificate of Origin certify?
Back
The country of origin of the exported goods, required for customs clearance.
5.
FLASHCARD QUESTION
Front
What is the role of a Packing List in export documentation?
Back
It provides detailed information about the contents of each shipping package.
6.
FLASHCARD QUESTION
Front
What are the four categories of export documents?
Back
1. Commercial Documents 2. Regulatory Documents 3. Export Assistance Documents 4. Documents Required by Importing Countries.
7.
FLASHCARD QUESTION
Front
What is the significance of the Customs Clearance Process?
Back
It involves document submission, customs inspection, and duty calculation to ensure compliance.
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