Question 5

Which Incoterm specifies which party pays for the costs of inspecting the goods?

1- EXW FAS

2- CFR

3- The ICC Incoterms do not include inspection costs and responsibilities.

4- A Moving to another question will save this response.

Question 2

Which of the following documents is prepared by the carrier?

1- pro-forma invoice

2- commercial invoice

3- shipper's letter of instruction

4- manifest

Question 13

Which term of payment from the list below is suitable when an exporter is working with a small buyer for the first time, and that buyer needs time to sell the goods in its country first before paying the

seller?

1- cash in advance

2- sight draft

3- date draft

4- free on board

Question 12

Complete the following sentence: U.S. exporters are required to complete an _____for all exports that are greater than $2,500 in value.

1- EEI

2-- Shippers s export permit

3- Export customs form

4- CBP classification permit