A. a sales promotion B. a bid C. an auction sale D. a firm offer E. an implied guarantee Correct…
A. Exports exceed imports B. Imports exceed exports C. Customs duty is high D. invisible exports exceed visible imports E.…
A. Bill of ladlng B. Mates receipt C. Ships manifest D. Bill of sight E. Dock warrant Correct Answer: Option…
A. commission B. discount C. customs drawback D. dock due E. demurrage Correct Answer: Option C - customs drawback
A. bankdraft B. bill of exchange C. travellers cheque D. letter of credit E. certified cheque Correct Answer: Option D…
A. Certificate of origin B. Open-indent C. Bill of Lading D. Ships manifest E. Bill of entry Correct Answer: Option…
A. bilateral trade B. entrepot trade C. economic union D. multilateral trade E. countertrade Correct Answer: Option D - multilateral…
A. . Export of goods B. import of machinery C. 1 Gifts D. Sale of assets E. Salaries of expatriates…
A. allowance paid to a supplier B. extra allowance paid for guaranteeing recovery of debts C. allowance paid to all…
A. saleable and non-saleable good B. inferior and superior goods C. luxurious and essential goods D. producer and consumer goods…