Which of the Following Statements Is True About Managing Export-Import

Multiple Choice

Which of the following statements is true about managing export-import transactions?

A) The commercial invoice is the basic contract between exporter and shipper.
B) National governments sometimes require exporters to obtain license due to national security policy.
C) Incoterms is the "birth certificate" of the goods being shipped and indicates the country of origin.
D) Export declaration lists a set of universally accepted terms of sale that specify how the buyer and seller share freight and insurance costs.