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
different types of documents used in international trade: certificate of origin, bill of lading, air waybill and documentary credit (letters of credit)
different types of documents used in home trade: enquiry, quotation, order, invoice, delivery note, credit note, statement of account and receipt
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