Export Import Documentation

10 Questions | By Hudamasrom | Last updated: Jul 15, 2020 | Total Attempts: 5473

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Questions and Answers

1.

1. What is the meaning of export?
- A.
  
  Any oral, written, electronic or visual disclosure, shipment, transfer outside of the country
- B.
  
  Any oral, written, electronic or visual disclosure, shipment, transfer inside of the country
- C.
  
  Any oral, written, electronic or visual disclosure, shipment, transfer inbound of the country
- D.
  
  Any oral, written, electronic or visual disclosure, shipment, transfer within the country
2.

Malaysia's export partners are _______________
- A.
  
  Japan, Indonesia, China and Bosnia
- B.
  
  Thailand, Singapore, Bangladesh and France
- C.
  
  US, New Zealand, Australia and Singapore
- D.
  
  Singapore, China, US, Thailand and Japan
3.

3. Malaysia mainly imports the following commodities :
- A.
  
  E&E, Machinery, Tin, Rubber, Poultry, Palm Oil, Petroleum products
- B.
  
  E&E, Grain, Iron and Steel, Mediterranean fruits
- C.
  
  E& E, Machinery, Petroleum products, Plastics, Vehicles, Iron and Steel, Chemical
- D.
  
  E&E, Machinery, Rice, Flour, Edible Oil, Oil and Gas, Chemical E&E, Machinery, Rice, Flour, Edible Oil, Oil and Gas, Chemical
4.

4._________________________can only be prepared after the pro forma invoice is accepted
- A.
  
  Packing List
- B.
  
  Commercial Invoice
- C.
  
  Bill of Lading
- D.
  
  Consular Invoice
5.
1. Which one of the following is a method for an exporter to get a contract?
- A.
  
  Pro forma invoice
- B.
  
  Purchase order
- C.
  
  Sales contract
- D.
  
  All of the above
6.

It is generally more detailed. More information than a standard The contents of each individual package are detailed It also indicated the legal gross and net The above statement refer to
- A.
  
  Commercial Invoice
- B.
  
  Certificate of Origin
- C.
  
  Trade Documents
- D.
  
  Packing List
7.

7. Which of the following is not a basic objective of documentation in foreign trade?
- A.
  
  To assure that the exporter will receive the payment
- B.
  
  To assure that the importer will receive the goods
- C.
  
  To eliminate risk of non completion
- D.
  
  None of the above
8.

A shipping document indicating the details of the shipment and delivery of goods and their ownership is a ______________.
- A.
  
  Bill of lading
- B.
  
  Sight draft
- C.
  
  Time draft
- D.
  
  A letter of credit
9.

_________________________an international custom document commonly known as the merchandise passport that allows temporary importation into member countries without the payment of duties or value added taxes (VAT).
- A.
  
  MITI
- B.
  
  IATA
- C.
  
  ATA Carnet
- D.
  
  MLO
10.

L/C must meet the requirement of the parties involved_________________, ______________ and ___________________
- A.
  
  Immigration, Custom and Government Ministry
- B.
  
  The seller, The buyer and The bank
- C.
  
  Retainer, Sales Executive and The Bank
- D.
  
  The seller, The Bank and The Exporter