Ex works exw delivered duty paid ddp delivered at

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Ex-Works (EXW). Delivered Duty Paid (DDP). Delivered at Frontier (DAF). None of the above It is generally accepted that: Answer logistics management encompasses activities that are distinct and separate from the activities included in supply chain management. logistics management encompasses activities that are broader than those of supply chain management. supply chain management encompasses activities that are broader than those of logistics management. some of the activities of logistics management and some of the activities of supply chain management are similar, but both include distinct and separate activities. None of the above
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The TGV trains connecting London and Paris: Answer feature expedited container freight service. feature package express service. provide the latest in break-bulk freight transport technology. All of the above None of the above International trade is still mostly concentrated among the developed countries of the Northern Hemisphere. Which country is the largest importer of the world? Answer United States Germany China Japan None of the above A bank guarantee that is requested by a beneficiary to ensure that the contractor is bidding in good faith and will enter the contract if awarded is called a(n): Answer tender guarantee or bid guarantee. performance guarantee. maintenance guarantee. advance payment guarantee or repayment guarantee. None of the above An exporter has the most control over its foreign sales through a(n): Answer sales or marketing subsidiary. export trading company. export management company. agent. distributor.
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When manufacturing costs are lower abroad, when shipping costs are prohibitive, when domestic manufacturing capacity is reached, or when the product has significant intangible content, such as services, a company may consider: Answer indirect exporting. piggy-backing. using a foreign trade zone. production abroad. All of the above The Heckscher-Ohlin Theory holds that countries that have an abundance of certain resources enjoy an absolute or comparative advantage over other countries. Which of the following is not one of the factors that H-O considers scarce? Answer Land Labor Capital Education None of the above Market-based forecasting of exchange rates: Answer is based on the premise that “the market knows best.” attempts to capture the collective knowledge of sophisticated speculators in the future spot rate of a currency. does not take into account government interventions. All of the above None of the above Because some ports are becoming increasingly limited in their ability to handle ever-larger ships it is possible that: Answer ship sizes will become smaller. massive government programs will do what is necessary to upgrade the smaller ports. large ships will go to “hub” ports where “feeder” ships will traverse to and from the smaller ports. ocean shipping costs will rapidly decline.
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None of the above As a company grows in exporting sophistication, it should not become involved with an export trading company because: Answer fixed costs are too high. variable costs are too high. it is a violation of international law. customers abroad are customers of the export trading company, not the exporter. None of the above
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