Question: Chapter 8 Transportation Name ______________________________ Date 30th Nov 2020 Marks 11 1. A U.S. home dcor company is going to import specialty teak furniture in
Chapter 8 Transportation Name ______________________________ Date 30th Nov 2020 Marks 11 1. A U.S. home dcor company is going to import specialty teak furniture in a shipping container from a manufacturer in Vietnam. a. The sales contract Incoterms rule is FCA. (2) Who is responsible for clearing the goods for export with Vietnamese customs? Answer: _________________________________ 2 A seller is shipping Soybeans from Port Rosario, Argentina to China and only wants to be responsible for taking the goods as far as the port of departure. (2) Ans: Incoterm: _____________ 3 An inexperienced exporter in France is shipping vaccines from France to Ghana and doesnt want to have to deal with export clearance procedures. (2) Ans: Incoterm: ______________ 4 An oil company in Kuwait is going to send petroleum crude from Kuwait to a customer in India. The importer wants the exporter to deliver the crude to a port in India with Insurance (2) Answer: Incoterm _________________ 5. List three documents which are most important and essential in International Export (3)
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