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International Trade: Export Sales Quiz

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International Trade: Export Sales Quiz

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Export basics quiz

Created by

Zara Z
Zara Z
Uzbekistan

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International Trade: Export Sales Quiz
 

International Trade: Export Sales QuizOnline version

Export basics quiz

by Zara Z
1

Tariffs are paid by the importer always; exporters never deal with duties.

2

Export sales always require physical presence in the destination country.

3

All exporters must use the same currency for all transactions.

4

Export sales involve selling goods or services to customers in other countries.

5

The export process often starts with market research and finding foreign buyers.

6

A trade balance is the difference between exports and imports of a country.

7

Incoterms define responsibilities in international shipping and delivery.

8

A favorable trade balance means exports are lower than imports.

9

Export quotas are unlimited once approved.

10

Payment terms in export can include letters of credit or advance payment.

 
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