CE International Shipping & Logistics Management

Question 1

What is the Bill of Lading used for in international shipping?

Accepted Answer

Receipt and contract for goods in transit

Answer

Proof of insurance.

Answer

Product warranty.

Answer

License for shipping.

Question 2

Which incoterm means the seller delivers when goods are placed at the buyer’s disposal at the destination?

Accepted Answer

DAP

Answer

EXW.

Answer

FCA.

Answer

FOB.

Question 3

What document certifies the origin of goods?

Accepted Answer

Certificate of Origin

Answer

Bill of Exchange.

Answer

Packing List.

Answer

Shipping Invoice.

Question 4

What is the primary role of a freight forwarder?

Accepted Answer

Transport goods and manage export logistics

Answer

Customs inspector.

Answer

Product designer.

Answer

Trade policy maker.

Question 5

What is a major factor in selecting a transportation mode for exports?

Accepted Answer

Cost, speed, and goods characteristics

Answer

Popularity of transportation.

Answer

Number of employees.

Answer

Color of the vehicles.

Question 6

What shipping document provides detailed contents of a shipment?

Accepted Answer

Packing List

Answer

Commercial Invoice.

Answer

Certificate of Analysis.

Answer

Insurance Certificate.

Question 7

What term describes the cost to move goods from seller to buyer?

Accepted Answer

Freight cost

Answer

Customs duty.

Answer

Tariff.

Answer

Commission fee.

Question 8

What is a common risk in international shipping?

Accepted Answer

Damage, theft, or delays

Answer

Faster shipping times.

Answer

Lower insurance rates.

Answer

Reduced tariffs.

Question 9

What type of insurance covers cargo loss or damage?

Accepted Answer

Marine cargo insurance

Answer

Health insurance.

Answer

Property insurance.

Answer

Travel insurance.