Question: please answer all the MCWs , asp Antony pricing a product to be sold in foreign market, after considering different factors he realizes that one
please answer all the MCWs , asp
Antony pricing a product to be sold in foreign market, after considering different factors he realizes that one of the main factors to be considered is/are as a finance related factor. * Insurance Confirmation cost O Agent commission O Currency exchange protection Both a and b Both b and d Which of the following currencies is not/are not a hard currency? * Euro CHF O RMB O CD$ O GBP O Both b and c O Both c and d One of the Approaches to Determining Product Cost is which includes the costs to sell and deliver products and services and the costs to manage the company. * O COGS O SG&A Cost-plus pricing O Marginal-cost O Market-driven pricing Traditional Payment Method used in international trade are? Letter of Credit Documentary Collection Open Account Consignment Cash in Advance In Documentary transactions, the bill of exchange is drawn by: * Importer Exporter Drawee Drawer Both b and d Which of the followings is/are NOT a Traditional Payment Method used in international trade are? * O Letter of Credit O Documentary Collection O Open Account O Consignment O Cash in Advance In a cash against documents transaction: O The draft is payable to the drawee by the remitting bank upon presentation. O The draft is payable to the drawer by the presenting bank upon presentation. The draft is payable to the drawee by the presenting bank upon presentation. The draft is payable to the drawer by the remitting bank upon presentation A Canadian exporter has agreed to receive payment from his European customer in terms of Euro. If CAD is expected to value or appreciate in terms of the importer's currency before he receives his payment, the Canadian exporter is subject to: O Credit risk Exchange risk O Exchange control risk Transfer risk In a clean collection: * The exporter sends Shipping Documents The exporter sends financial documents to his bank and buyer pays to exporter's Bank The exporter sends draft to buyer's bank and buyer pays to his bank The buyer sends draft to his bank to pay exporter All of the following documents are commercial documents EXCEPT Pre-shipment Inspection Certificate Bill of Lading Standard Approval Certificates Insurance Certificate O None of the above Which of the following documents is/are prepared by the exporter? * O Commercial Invoice O Certificate of origin O Packing List Both a and b O All of the above








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