Logistics and Trade Quiz

Definition: Goods transported by truck, train, ship, or aircraft.

• Freight

• Cargo

• Shipping

Definition: Goods transported by truck, train, ship, or aircraft.

• Freight

• Cargo

• Shipping

Definition: A very large metal box which holds goods for transport.

• Waybill

• Container

• Bill of Lading

Definition: The official department that collects tax or duties on imported goods.

• Customs

• Declare

• Merchandise

Definition: Exchanging goods or services without using money.

• Arbitrage

• Barter

• Dumping

Definition: A document showing the origin of the goods.

• Certificate of Origin

• Letter of Credit

• Pro Forma Invoice

Definition: The value of one currency for the purpose of conversion to another.

• Free-Trade Zone

• Gross Weight

• Exchange Rate

Definition: Selling goods in another country so cheaply that companies in that country cannot compete fairly.

• Quota

• Dumping

• Ad Valorem

Definition: A platform for loading and unloading ships.

• Quay

• Ship

• Waybill

Definition: The weight of a vehicle or container without the goods in it.

• Tare Weight

• Net Weight

• Gross Weight