Question 1

CVDs are additional duties levied by exporting countries on imported videodiscs.

Accepted Answer

A) True 
 B)False

Question 2

In the post-September 11 business environment in the United States,imports have come under increased security.One of the initiatives taken in the interest of national security is:

Accepted Answer

A) NAFTA. 
B) C-TPAT. 
C) WTO. 
D) NTB. 
E) FSC. 
A) NAFTA. 
B) C-TPAT. 
C) WTO. 
D) NTB. 
E) FSC.

Question 3

If the dollar,the yen,or the euro becomes seriously overvalued,a company with a production capacity in other locations can achieve competitive advantage by:

Accepted Answer

A) buying different currencies before major fluctuations take place. 
B) conducting transactions in different currencies of the world. 
C) shifting production among different sites. 
D) cutting down production and waiting until the currency rate is reasonable. 
E) reducing production and labor force simultaneously. 
A) buying different currencies before major fluctuations take place. 
B) conducting transactions in different currencies of the world. 
C) shifting production among different sites. 
D) cutting down production and waiting until the currency rate is reasonable. 
E) reducing production and labor force simultaneously.

Question 4

An executive is undecided whether to rely on in-house or external export specialists / intermediaries in the home country.He is leaning towards direct representation in a market.What are the benefits of going forth with direct representation?

Accepted Answer

It is a common problem faced by many exe

Question 5

Which of the following offers a company the best assurance of being paid for exported goods?

Accepted Answer

A) a letter of credit 
B) a "piggyback" arrangement 
C) a swap 
D) an in-house export organization 
E) a certified check 
A) a letter of credit 
B) a "piggyback" arrangement 
C) a swap 
D) an in-house export organization 
E) a certified check

Question 6

The Buy American Act of 1933,which stipulates that U.S.federal agencies must buy articles produced in the United States unless domestically produced goods are not available,is an example of discriminatory procurement policies.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is sometimes referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?

Accepted Answer

A) foreign purchasing agent 
B) export broker 
C) export merchant 
D) export management company 
E) freight forwarder 
A) foreign purchasing agent 
B) export broker 
C) export merchant 
D) export management company 
E) freight forwarder

Question 8

Duty drawback refers to refunds of duties paid on imports that are processed or incorporated into other goods and then reexported.

Accepted Answer

A) True 
 B)False

Question 9

The Customs Trade Partnership Against Terrorism (C-TPAT)recognizes that U.S.Customs and Border Protection (CBP)is responsible for screening import cargo transactions.

Accepted Answer

A) True 
 B)False

Question 10

Direct representation,as opposed to representation by independent intermediaries for exporting in the market country,has several advantages which do not include:

Accepted Answer

A) facilitates control and communications. 
B) allows decisions concerning program development and resource allocation. 
C) benefits when a product is not yet established in a market. 
D) ensures marketer's interest and special efforts. 
E) helps selling products directly to the consumer in the market country. 
A) facilitates control and communications. 
B) allows decisions concerning program development and resource allocation. 
C) benefits when a product is not yet established in a market. 
D) ensures marketer's interest and special efforts. 
E) helps selling products directly to the consumer in the market country.

CVDs are additional duties levied by exporting countries on imported videodiscs.

In the post-September 11 business environment in the United States,imports have come under increased security.One of the initiatives taken in the interest of national security is:

If the dollar,the yen,or the euro becomes seriously overvalued,a company with a production capacity in other locations can achieve competitive advantage by:

An executive is undecided whether to rely on in-house or external export specialists / intermediaries in the home country.He is leaning towards direct representation in a market.What are the benefits of going forth with direct representation?

Which of the following offers a company the best assurance of being paid for exported goods?

The Buy American Act of 1933,which stipulates that U.S.federal agencies must buy articles produced in the United States unless domestically produced goods are not available,is an example of discriminatory procurement policies.

Which of the following is sometimes referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?

Duty drawback refers to refunds of duties paid on imports that are processed or incorporated into other goods and then reexported.

The Customs Trade Partnership Against Terrorism (C-TPAT)recognizes that U.S.Customs and Border Protection (CBP)is responsible for screening import cargo transactions.

Direct representation,as opposed to representation by independent intermediaries for exporting in the market country,has several advantages which do not include:

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Global Market Entry Strategies: Licensing,investment,and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions Ii: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters

Exam 8: Importing,exporting,and Sourcing

CVDs are additional duties levied by exporting countries on imported videodiscs.

In the post-September 11 business environment in the United States,imports have come under increased security.One of the initiatives taken in the interest of national security is:

If the dollar,the yen,or the euro becomes seriously overvalued,a company with a production capacity in other locations can achieve competitive advantage by:

An executive is undecided whether to rely on in-house or external export specialists / intermediaries in the home country.He is leaning towards direct representation in a market.What are the benefits of going forth with direct representation?

Which of the following offers a company the best assurance of being paid for exported goods?

The Buy American Act of 1933,which stipulates that U.S.federal agencies must buy articles produced in the United States unless domestically produced goods are not available,is an example of discriminatory procurement policies.

Which of the following is sometimes referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?

Duty drawback refers to refunds of duties paid on imports that are processed or incorporated into other goods and then reexported.

The Customs Trade Partnership Against Terrorism (C-TPAT)recognizes that U.S.Customs and Border Protection (CBP)is responsible for screening import cargo transactions.

Direct representation,as opposed to representation by independent intermediaries for exporting in the market country,has several advantages which do not include:

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Global Market Entry Strategies: Licensing,investment,and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions Ii: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters