11th Principles of Commerce MCQS Chapter 14

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11th Principles of Commerce MCQS
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If the goods and services are sold to the trader pf another country then it is called
None of these
Import trade
Foreign trade
Export trade

Export trade includes all the activities, which are performed in sending goods from one country to another country is called
Import trade
Export trade
None of these
Foreign trade

The methods of selling goods in foreign countries
Personal visit
Travelling agents
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All of the above

If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called
Open indent
None of these
Both a and b
Close indent

Due to export trade
Increase in foreign exchange
All of the above
Relations with other countries establish
Increase in employment opportunities

The indent is also called
Bill of lading
None of these
marine insurance policy
Inquiry letter

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called
Close indent
Both a and b
None of these
Open indent

Which documents are prepared by the exporter after the settlement of affairs are
Certificate of origin
All of them
Consular invoice
Invoice

State the procedure or steps of exporting goods are
Obtaining license
Registration
Obtaining and acceptance of indent
All of these

How many step in procedure of export trade
22
24
23
21

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