Question 35
Question 35 of 40
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Globalisation of trade
3.1.2. Challenges of international...

the challenges of international trade to exporters and importers: distance, language, methods of payment, documentation, transport, customs duties, non-payment, currencies, foreign exchange rates, competition and different legal systems

2. Commercial operations
2.5.2. Documents of international t...

different types of documents used in international trade: certificate of origin, bill of lading, air waybill and documentary credit (letters of credit)

3. Globalisation of trade
3.1.4. Free trade, trading blocs, t...

the sources of support for exporters: international trade fairs, cheaper bank loans and insurance guarantees