WorksheetsLET'S FIGHT!
Total questions: 20
Worksheet time: 10mins
What type of container is best for transporting awkward cargo that has no top or sides, just the bottom and two ends?
Flat rack container
Open-top container
Refrigerated container
Trucks for short distances
Bunga & Co. wants to transport fresh flowers to a different country for a special event. Which of the following is the best characteristic of commodity that is likely to use air transport?
Seasonal
Perishable
Risk of breakage
More than local supply
A container ship recently arrived at an ocean port to unload its cargo. As the cargo was being unloaded, it faced a range of challenges that are common to ocean ports. Which of the following is a significant challenge faced by ocean ports?
High labour costs
Fluctuating exchange rate
Limited access to technology
Loss or damage to the cargo or vessel
Zuleiha is a warehouse manager who trains new employees on the basic functions of the warehouse. She explains that one function involves moving items into and out of the warehouse, while the other function involves storing items within the warehouse. Which of the following matching is true on the basic functions in a warehouse?
*Storage – Receiving, Transporting.
*Movement – Planned, Extended movement.
*Storage – Transporting, Receiving, Shipping.
*Movement – Planned movement, Extend movement.
*Movement – In-storage handling, Shipping.
*Storage – Planned storage, Extended storage.
*Movement – Receiving, In-storage handling, Shipping.
*Storage – Planned storage, Extended storage.
What is the purpose of trade documentation in ensuring a common understanding in international transactions?
To eliminate the need for written agreements.
To make transactions more complex and difficult to understand.
To work only with languages and cultures that are familiar to both parties.
To ensure that complex international transactions are clearly understood and agreed upon by all parties involved.
Which of the following examples is false for types of documents used in international shipment?
Banking – Invoice, which is a document of a cargo list.
Commercial – Purchase Order which refers to a contract between buyer and seller.
Transportation – Dock Receipt which refers to a document that acknowledges the receipt of goods by a carrier at the dock.
Government – Sanitary Certificate is a certificate commonly used in food shipments to certify that it is hygienic to ensure compliance with health and safety standards.
Which of the following best describes a waybill?
A financial statement.
Permit for transporting hazardous materials.
A legal contract between the shipper and carrier.
A document that provides details of the cargo being transported.
Which of the following is related to insurance and liability in trade documentation?
Insurance and liability are the same.
Insurance and liability are not related to each other.
Insurance is used to cover liability in case of damage or loss of goods during transportation.
Liability is used to cover insurance costs in case of damage or loss of goods during transportation.
AnNur Corporation, a company specializing in international trade, is shipping valuable cargo internationally. They have purchased an insurance policy to cover any potential risks associated with the shipment. During transit, the cargo mysteriously disappears, leaving AnNur Corporation at a significant financial loss. Which one is the risk associated with an international shipment for AnNur Corporation based on the scenario?
Theft.
Non-delivery of goods.
Non-payment of goods.
Damage of goods from any cause.
Which type of intermediaries is best suited for the clearing process of goods through customs barriers?
Consolidators.
Freight Forwarders.
Shippers Associations.
Customs House Brokers.
Intermodalism refers to a system of transportation that involves the coordinated use of multiple modes of transport, such as trucks, trains, ships, and planes, to move goods from one location to another.
True
False
One disadvantage of using pipelines for transporting petroleum is that it is related to being an environmentally friendly options, as pipelines are less prone to accidents and spills that can harm the environment and surrounding communities.
True
False
Port Klang is one example of a Free Trade Zone located in Johor Bahru.
True
False
A company might use a free trade zone to take advantage of making a profit from selling activities. The cargo may be bought and sold while sitting in the free trade zone for business-to-business purpose.
True
False
Documentation is not necessary in international trade and does not provide a record keeping between parties involved in a transaction.
True
False
Purchase Order is a contract between buyer and seller which includes the agreed forms of sales.
True
False
When multiple countries are involved in international trade finance, the transactions become more complex due to differences in laws, regulations, and business practices between countries.
True
False
The purpose of insurance is to expose against bankruptcy resulting from a major loss that exceeds a company’s ability to pay.
True
False
Intermediaries are the “middle men” which play a role as facilitators and connectors within the logistics industry, providing services to streamline the logistics process.
True
False
Operational collaboration has a long-term horizon compared to Network collaboration which has a short-term horizon.
True
False
