Question: ASAP 41. The location which is designed to speed up warehousing and delivery by channeling all distribution to a central hub is called a. Free
41. The location which is designed to speed up warehousing and delivery by channeling all distribution to a central hub is called a. Free trade zone b. Maquiladora c. Keirets d. Distribution center 42 One container which holds an international shipment of goods is transported by truck, then rail, then by ship, and then again by truck without ever opening the container. This is called a. Intermodal Transportation c. Distributed logistics b. Supply chain management 43. Fluctuating foreign exchange rates a. Do not affect the consumer price b. Can either increase or decrease the consumer price c. Do not exist in today's global financial markets d. None of the above 44. The official position of the United States regarding countertrade is tht a countertrade should be abolished by the World Trade Organization (WTO) b. the US Government is against countertrade, if government mandated c. the US Government is for countertrade, if government mandated d. The US Government is against countertrade, if NAFTA or the WTO is involved. 45. Switch trading a. Involves a simple, non-monetized exchange of goods or services between two parties. h. Involves a switch in payment which requires buying back part of future production c. Occurs only between members of the World Trade Organization d buying a party's position in a countertrade in exchange for hard currency and then selling it to another customer t lanohhes e Switching the foreign currency to a confirmed letter of credit 46. TERMS determine a. Where ownership, risk, title, and charges belong b, importing country, port of entry and tax status category of imports c. the correct internal currency obligation terminology d. the precise format of a countertrade e. All of the above 47. If a buyer agrees to pay FOB Origin, a. the shipping charge is included in the price b. the shipping charge is not included in the price e. the buyer and seller split shipping expenses on a separate d. None of the above contract 48. Cash in advance is the a. safest method of payment by the buyer, because there is no risk, but it can be insulting to the seller b. safest method of payment by the seller, because there is no payment risk, but it can be insulting to the buyer, and decrease sales c. safest method of payment by the countertrade broker d. the safest method of payment with freely traded currencies e. None of the above
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