Question 20
Question 20 of 40
Question image for Q20
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
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

1. Commerce and productio...
1.2.4. Intermediaries in a supply c...

the role of international trade intermediaries in a supply chain: agent and factor

1. Commerce and productio...
1.2.6. Costs involved in trade, com...

identifying the different types of costs used in trade, commerce and production: advertising, bank charges, commission, customs duties, inventory, labour, packaging, transport, utilities and warehousing