Question: QUESTION 4 28 Marks 4.1. Swakop Uranium mine in Namibia was recently approached by The General Nuclear Power Company in Ghana to supply them with

 QUESTION 4 28 Marks 4.1. Swakop Uranium mine in Namibia was

QUESTION 4 28 Marks 4.1. Swakop Uranium mine in Namibia was recently approached by The General Nuclear Power Company in Ghana to supply them with uranium. The Manager of Swakop Uranium approached you to advise them on the documentations necessary for this international trade transaction. You should name and explain five documents. 10 Marks 4.2. The customer is importing electronic goods from Argentina to Namibia, having a value of N$10000.00. He will also pay a freight cost N\$2000.00 to bring the goods from Argentina to Windhoek, Namibia. According to the Harmonised System, this transaction attracts the custom duties of 30%. The import tax currently charged by Namibia is 16.5%. a) Calculate the total cost of this transaction? 6 Marks b) The customer just realised that South Africa is offering the same electronic goods that the he wants to import to Namibia at the value of N$16000.00, and the transaction has incoterm DDP. Calculate the savings or extra costs to be incurred if the customer decides to buy goods from South Africa? 6 Marks c) Advice on which supplier should be considered by the customer based on the information provided above? 6 Marks Sub-total: 28 Marks QUESTION 5 24 Marks

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