CE International Shipping & Logistics Management 3

Question 1

What is the role of a Customs Broker in US export and import transactions?

Accepted Answer

To prepare and file customs documentation on behalf of importers/exporters

Answer

A licensed customs broker is authorized to prepare and file US Customs documentation, classify goods, and interact with CBP on behalf of clients.

Question 2

Which US government agency must exporters file the Electronic Export Information (EEI) with through the Automated Export System (AES)?

Accepted Answer

US Census Bureau

Answer

The EEI is filed through AES with the US Census Bureau, which uses the data for trade statistics, though CBP and BIS also use the information.

Question 3

What is demurrage in international shipping?

Accepted Answer

Charges assessed for keeping a container beyond the allowed free time at a terminal

Answer

Demurrage is a penalty charge assessed by the carrier when a shipper or consignee fails to pick up or return a container within the agreed free time period.

Question 4

A shipper sends hazardous materials by ocean. Which international code governs the safe transport of these goods?

Accepted Answer

IMDG Code (International Maritime Dangerous Goods)

Answer

The IMDG Code, published by the IMO, establishes international standards for the safe transport of hazardous materials by sea.

Question 5

What is the difference between 'port of loading' and 'port of discharge' on a bill of lading?

Accepted Answer

Port of loading is where cargo is received; port of discharge is where cargo is unloaded from the vessel

Answer

The port of loading is where goods are loaded onto the vessel, while the port of discharge is the destination port where goods are unloaded from the vessel.

(CE) Certified Exporter Practice Test

(CE) Certified Exporter Practice Test

CE International Shipping & Logistics Management 3