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International Documents

Authored by Thành Võ

Philosophy

University

Used 2+ times

International Documents
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of commercial risk?

Buyer bankruptcy

Delayed payments

Product quality issues

Political instability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of a letter of credit in international trade?

To guarantee delivery of goods

To facilitate currency exchange

To secure payment for the seller

To provide insurance coverage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors can affect foreign exchange risk?

Government regulations

Interest rates

Economic performance

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key strategy to mitigate production and transportation risks?

Using reliable freight carriers

Proper packaging and labeling

Diversifying suppliers

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of cultural awareness in international business?

To avoid offending potential customers

To adapt communication styles effectively

To comply with local regulations

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following documents is NOT required for most international trade transactions?

Proforma invoice

Invoice

Bill of lading

  1. Tax return

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a consular invoice?

To verify the value of goods for customs purposes

To provide information about the origin of goods

To track the movement of goods across borders

To facilitate payment between buyer and seller

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