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Import - Export Chapter 1

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Which of the following is NOT a characteristic of globalization

a)

Cultural homogenization

b)

Economic interconnectedness

c)

Increased mobility of goods and people

d)

Technological advancements

2.

Which factor has significantly reduced communication barriers and facilitated instant global connectivity?

a)

Trade liberalization

b)

Multinational corporations

c)

Global supply chains

d)

Advancements in communication technology

3.

What role do international organizations and institutions play in globalization?

a)

They provide frameworks and regulations for international cooperation.

b)

They facilitate cross-cultural interactions

c)

They establish subsidiaries and production facilities in different countries.


d)

They optimize efficiency and reduce costs in global supply chains

4.

Which factor has contributed to the increased movement of people across borders in search of better opportunities?

a)

International trade agreements

b)

Migration and human capital mobility

c)

Advancements in communication technology


d)

Globalization of financial markets

5.

Which of the following industries has been a key driver of employment and industrialization in the context of globalization?

a)

Tourism

b)

Manufacturing

c)

Agriculture


d)

Healthcare

6.

Which factor has contributed to improved living standards by providing consumers with more choices and affordable products?

a)

The merging of national economies and the integration of their economic systems

b)

Merging several markets into one huge market

c)

Sourcing goods and services from other countries


d)

Lowering of trade and investment barriers


7.

"Purchasing goods from one country or territory to sell the goods to another country or territory outside the territory of Vietnam" is called: 

a)

Import

b)

Border-gate transfer of goods

c)

Export

d)

On-spot export

8.

"Bring goods into Vietnam from foreign countries (or special zones), and export the same goods out of Vietnam for a certain time" is called...

a)

Temporary Import for Re-Export

b)

Temporary Export for Re-Import

c)

Export

d)

On-spot export

9.

Companies need to do customs clearance/report for border-gate transfer of goods.

a)

True

b)

Fales

c)

Depends on the contract between seller and buyer

d)

Depends on the goods

10.

Export processing zones/enterprises are examples of 

a)

Trade zone area

b)

Duty free area

c)

Custom-controlled area

d)

None of the above