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GACI Review

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

An export is…

a)

a) Sending a product or service to a foreign country 

b)

b) To introduce goods or services for commercial purposes

c)

c) To sell products or services to another company

d)

d) Shipping goods as a commercial exchange

2.

Which countries are not from the EU but belong to the euro zone?

a)

a) Israel, Greenland, Ukraine, Belarus

b)

b) Vatican, Monaco, Andorra, San Marino, Montenegro and Kosovo

c)

c) United Kingdom, Moldova, Macedonia, Hungary

d)

d) Czech Republic. Cyprus, Sardinia, Madeira, Faroe Islands

3.

The binding legislative act that must be applied in its entirely across the UE is :

a)

a) When there is a risk of loss or deterioration of the marchandise

b)

b) When the transport insurance does not take charge of the risks of the merchandise

c)

c) When the merchandise is very valuable and the insurance cannot cover all its value

d)

d) The answers b) and c) are correct

4.

On December 1, 2009, with the Treaty of Lisbon:

a)

a) The European Union was founded

b)

b) United Kingdom left the EU

c)

c) The European Union assumed a unique legal personality as a subject of international law

d)

d) The customs territory was regulated

5.

What is the motto for European Union:

a)

a) United in equality

b)

b) United for prosperity

c)

c) United in diversity

d)

d) United for peace

6.

What is an internal custom?

a)

a) Customs between every country

b)

b) Customs between EEC countries

c)

c) Customs between countries of the EU

d)

d) None of the answers is correct

7.

 It is not a community institution:

a)

a) The European Parliament

b)

B) The European Central Bank

c)

c) Foreign Trade Institute

d)

The Court of Law

8.

 Regarding to the European Union…

a)

a) Tariff and commercial policy are different

b)

b) Each country has a customs legislation

c)

c) It does not have its own resources

d)

d) None of the answers is correct

9.

The Secretariat of State for Commerce is not for…

a)

a) Definition, development and execution of the commercial policy of the state

b)

b) Definition of the competitive strategy of the international

c)

c) Activities of promotion and internationaliza-tion of Spanish companies

d)

d) Organization of fairs and conventions

10.

If a company from Oviedo sells cabinets to a company located in Algeciras, the invoice issued by the seller...

a)

a) Will be subject to VAT

b)

b) Will include income tax

c)

c) A tariff will be applied in the Spanish customs

d)

d) It is a VAT- exempt operation

11.

The binding legislative act that must be applied in its entirely across the UE is :

a)

a) A directive

b)

b) A decision

c)

c) A regulation

d)

A recommenda-tion

12.

:What is a customs office for:

a)

a) The official departments that administers and collects the duties levied by a government on imported and exported goods.

b)

b) They are public government offices in charge of controlling all merchandise that enters and leaves each country.

c)

c) They guarantee that the local industry is not affected is not affected by merchandise from other countries that could enter here

d)

d) All the answers are correct

13.

The founding countries of European Union are:

a)

a) France, Belgium, Luxembourg, Italy, the Netherlands and Germany

b)

b) Germany, Spain, Belguim, Italy and Luxembourg

c)

c) France, Italy, Belgium, Germany and the Netherlands

d)

d) Poland, Italy, France, United Kingdom and Germany

14.

The basic principles of European Union are:

a)

a) Free circulation between member countries

b)

b) Commons customs tariff

c)

c) All countries have the same currency

d)

d) The answers a) and b) are correct

15.

When did Spain enter in the European Union:

a)

a) December 31, 1986

b)

b) January 1, 1987

c)

c) January 1, 1986

d)

d) November 16, 1993