1. Which is the correct order for your export costs timeline

business development, manufacturing,packing ,customs,shipping, cargo insurance

manufacturing, cargo insurance packing ,shipping, customs , business development

manufacturing, business development, packing , cargo insurance, shipping, customs

business development, manufacturing,packing ,shipping , cargo insurance, customs

2. What advice regarding EDC would you have for a company considering exporting.

EDC will not be helpful for a new exporter

EDC can offer advice but no other services to a new exporter

EDC doesn't offer advice but does have services new exporters can use.

EDC offers both advice and services that are useful to new exporters.

EDC only offers advice and services and products to well established firms.

3. Give one strategy to manage exchange controls.

4. When is it better to write off a debt?

when fraud has been committed

when the buyer refuses to even respond

when it is clear the buyer has no intention of paying

when the cost and effort of collection is less than the benefit

5. What kind of ECA is Export Development Canada?

A hybrid public/private ECA

A public sector ECA

A private sector ECA

It's not an ECA

6. How can you protect your exporting company from a false claim on a guarantee by your foreign customer?

wrongful call insurance

re-insurance guarantee

false claim bond

can't eliminate this risk

7. Why is the OECD interested in creating a minimum interest rate ECAs can charge.

Because companies can't afford high interest rates

To prevent ECAs from making too much profit from international business

To make it easier for companies to export around the world

To stop countries from unfairly promoting trade in their countries

8. What are the two main categories of risk covered by Export Credit Insurance?

Commercial and political

Commercial and exchange

Bank and political

Exchange and legal

Clear selection