Import And Export Documentation & Procedure Quiz

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Import And Export Documentation & Procedure Quiz - Quiz

You need to try this import and export documentation & procedure quiz today if you want to learn more about importing and exporting or even revise what you might already know and test how much you actually retain. Countries rely on importing many goods which they cannot produce and exporting other things that they do produce for the growth of the global economy and profit. Try your hand at this quiz and let all your friends know how you did as well!


Questions and Answers
  • 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. 
    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. 
    _________________________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. 
    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

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