Export Import Documentation

10 Questions | Total Attempts: 5473

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Export Import Documentation

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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

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