Question 1

Incoterms have traditionally been revised approximately ____.

Accepted Answer

A)  Every 25 years
B)  Every 20 years
C)  Every 10 years
D)  Every 5 yearsE) B) and C)
F) None of the above

Question 2

The three types of international airfreight operations are chartered aircraft,scheduled air carriers,and integrated carriers.

Accepted Answer

A) True 
 B)False

Question 3

Shanghai is the world's busiest container port.

Accepted Answer

A) True 
 B)False  False

Question 4

A certificate of origin specifies the country

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is false?

Accepted Answer

A)  Freight is given lower priority than passengers in rail transportation in China
B)  China ranks first in the world in terms of highway mileage
C)  A truck shipment between Kolkata and Mumbai,India can take between 7 and 10 days because of poor road conditions
D)  Some countries limit a motor carrier's operations to within a particular state's borders
E)  All of the above are trueF) A) and C)
G) None of the above

Question 6

Consular documents involve obtaining permission from the importing country for goods to enter.

Accepted Answer

A) True 
 B)False

Question 7

Cargo preference rules indicate how each shipment should be loaded into / onto a transport vehicle.

Accepted Answer

A) True 
 B)False

Question 8

What additional information would be helpful for answering question 2?

Accepted Answer

There is a variety of other information ...

Question 9

From a seller's perspective,the most basic Incoterms transaction is:

Accepted Answer

A)  free on board
B)  ex-works
C)  cost and freight
D)  delivered ex shipE) B) and C)
F) A) and D)

Question 10

Would you make the same routing recommendation for the second,larger

Accepted Answer

Time pressures do not appear to be as cr...

Question 11

The documentation requirements for international shipments can act as a nontariff barrier to trade.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following statements about international inventory management is false?

Accepted Answer

A)  return items are quite difficult to accommodate
B)  inventory valuation is difficult because of continually changing exchange rates
C)  inefficient warehousing practices can impact inventory carrying cost
D)  an inventory in one nation generally serves the needs of markets in nearby nations
E)  all are true statementsF) A) and E)
G) A) and D)

Question 13

International freight forwarders can provide a number of functions.Which is not one of them?

Accepted Answer

A)  booking space on carriers
B)  obtaining consular documents
C)  preparing an export declaration
D)  arranging for insurance
E)  all are possible functionsF) A) and B)
G) B) and E) E

Question 14

Shipping conferences refer to annual meetings of large international shippers.

Accepted Answer

A) True 
 B)False

Question 15

8.	Sachets (single-use packets) require different packaging and are easier to lose and more prone to theft than products sold in larger quantities.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is not a cultural factor that can influence international logistics?

Accepted Answer

A)  Language
B)  Population
C)  Time orientation
D)  National holidays
E)  All of the above are cultural factorsF) B) and C)
G) All of the above

Question 17

Some free trade agreements have actually resulted in an increased in documentation requirements.

Accepted Answer

A) True 
 B)False  True

Question 18

Because the distances associated with international shipments are often much greater than those associated with domestic shipments,the buyer and seller must often choose between ____ and ____ transportation.

Accepted Answer

A)  Air; water
B)  Rail; air
C)  Water; rail
D)  Water; truckE) A) and B)
F) None of the above

Question 19

The use of Incoterms is mandatory for international shipments.

Accepted Answer

A) True 
 B)False

Question 20

Which is not a source of export forwarders' income?

Accepted Answer

A)  buying space wholesale and selling it retail
B)  commissions on shipping revenues generated for carriers
C)  fees for document preparation and performing research
D)  payment for freight pick up and delivery
E)  all are sources of incomeF) A) and B)
G) C) and D)

Exam 14: International Logistics

Incoterms have traditionally been revised approximately ____.

Correct AnswerverifiedShow Answer

The three types of international airfreight operations are chartered aircraft,scheduled air carriers,and integrated carriers.

Correct AnswerverifiedShow Answer

Shanghai is the world's busiest container port.

Correct AnswerverifiedFalse

A certificate of origin specifies the country

Correct AnswerverifiedShow Answer

Which of the following is false?

Correct AnswerverifiedShow Answer

Consular documents involve obtaining permission from the importing country for goods to enter.

Correct AnswerverifiedShow Answer

Cargo preference rules indicate how each shipment should be loaded into / onto a transport vehicle.

Correct AnswerverifiedShow Answer

What additional information would be helpful for answering question 2?

Correct AnswerverifiedThere is a variety of other information ...View AnswerShow Answer

From a seller's perspective,the most basic Incoterms transaction is:

Correct AnswerverifiedShow Answer

Would you make the same routing recommendation for the second,larger

Correct AnswerverifiedTime pressures do not appear to be as cr...View AnswerShow Answer

The documentation requirements for international shipments can act as a nontariff barrier to trade.

Correct AnswerverifiedShow Answer

Which of the following statements about international inventory management is false?

Correct AnswerverifiedShow Answer

International freight forwarders can provide a number of functions.Which is not one of them?

Correct AnswerverifiedE

Shipping conferences refer to annual meetings of large international shippers.

Correct AnswerverifiedShow Answer

8. Sachets (single-use packets) require different packaging and are easier to lose and more prone to theft than products sold in larger quantities.

Correct AnswerverifiedShow Answer

Which of the following is not a cultural factor that can influence international logistics?

Correct AnswerverifiedShow Answer

Some free trade agreements have actually resulted in an increased in documentation requirements.

Correct AnswerverifiedTrue

Because the distances associated with international shipments are often much greater than those associated with domestic shipments,the buyer and seller must often choose between ____ and ____ transportation.

Correct AnswerverifiedShow Answer

The use of Incoterms is mandatory for international shipments.

Correct AnswerverifiedShow Answer

Which is not a source of export forwarders' income?

Correct AnswerverifiedShow Answer

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False

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There is a variety of other information ...
View Answer

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Time pressures do not appear to be as cr...
View Answer

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E

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True

Because the distances associated with international shipments are often much greater than those associated with domestic shipments,the buyer and seller must often choose between and transportation.

Correct Answer
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