1st Year Principles of Commerce Chapter 14 TestExport Trade

Q1. Multiple choice questions (Attempt all · 5 × 1 = 5)

1. The indent is also called:

   1. Marine insurance policy

   2. Inquiry letter

   3. Bill of lading

   4. None of the above

2. Due to export trade:

   1. Increase in employment opportunities

   2. Increase in foreign exchange

   3. Relations with other countries establish

   4. All of the above

3. The methods of selling goods in foreign countries:

   1. Advertisement

   2. Personal visit

   3. Travelling agents

   4. All of the above

4. Who does accept an indent:

   1. Exporter

   2. Importer

   3. Government

   4. None of these

5. What is prepared by the exporter on the settlement of matters:

   1. Invoice

   2. Consular invoice

   3. Certificate of origin

   4. All the above