Trade Finance Quiz 1
Authored by Lydia Oguyo
Business
Professional Development
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5 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 10 pts
Which of the following statements is TRUE?
Africa exports more than it imports from the global economy
In Africa, trade finance NPL ratios are generally higher than other loan products
Kenya Imports more than it exports to the rest of the world.
All the above
2.
MULTIPLE CHOICE QUESTION
45 sec • 10 pts
Which is Kenya's second largest export product?
Coffee
Tea
Cut flower
Oil & Gas
3.
MULTIPLE CHOICE QUESTION
45 sec • 10 pts
Which of the following trade finance risks may not be mitigated through an LC?
Product risk
Country Risk
Transport risk
None of the above
4.
MULTIPLE CHOICE QUESTION
45 sec • 10 pts
Which of the following is not a type of LC?
Standby
Deferred
Clean collections
Usance
5.
MULTIPLE CHOICE QUESTION
45 sec • 10 pts
Which is Kenya's leading import product?
Farm inputs
Oil & Gas
Tea
Machinery
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