GIA COLORED STONES ASSIGNMENT 7 UPDATED
ACTUAL QUESTIONS AND CORRECT ANSWERS
Question:
1. Different buyers require _____________________ to suit their customers' needs.
Answer:
different goods
Question:
2. The highest demand is for ________________________________________.
Answer:
mass-market-quality gem rough
Question:
3. Many gems leave their source countries through _________________________.
Answer:
unofficial channels
Question:
4. Stones Pass through many hands before they reach the consumer, and there's a ____________________
at every step.
Answer:
price increase
Question:
5. Many conditions threaten the ________________ of the colored stone market.
Answer:
stability
Question:
6. Commercial-quality stones are generally _____________, and judged more by the price per
_____________ that by their individual quality factors.
Answer:
calibrated, stone
Question:
7. Cutting standards are generally ______________ for low-end goods.
Answer:
looser
Question:
8. Color, cut, and clarity are important factors for ___________________ gems.
Answer:
middle-market
, Question:
9. A ______________ typically contains a range of qualities, and the best often sell for a lot more than the
remainder of the _______________.
Answer:
parcel
Question:
10. Because retailers deal directly with consumers, they must have complete confidence in their
__________________.
Answer:
wholesalers
Question:
11. ______________, _______________, and ____________________ are the main attributes of a fine
stone.
Answer:
rarity, exceptional color, large size
Question:
12. The ____________________________ of a fine-quality gem can be a powerful sales tool and have an
impact on its value.
Answer:
documented origin
Question:
13. Gemstone sizes cut to fit standard mountings.
Answer:
calibrated sizes
Question:
14. A document that indicates a stone's geographic origin, based on its inclusions and trace element
chemistry.
Answer:
certificate of origin
Question:
15. Market sector where average-quality gemstones are used in mass-market jewelry.
Answer:
commercial market
Question:
16. A unique piece designed and created for a particular customer often around specially chosen stones.
Answer:
custom-made jewelry
ACTUAL QUESTIONS AND CORRECT ANSWERS
Question:
1. Different buyers require _____________________ to suit their customers' needs.
Answer:
different goods
Question:
2. The highest demand is for ________________________________________.
Answer:
mass-market-quality gem rough
Question:
3. Many gems leave their source countries through _________________________.
Answer:
unofficial channels
Question:
4. Stones Pass through many hands before they reach the consumer, and there's a ____________________
at every step.
Answer:
price increase
Question:
5. Many conditions threaten the ________________ of the colored stone market.
Answer:
stability
Question:
6. Commercial-quality stones are generally _____________, and judged more by the price per
_____________ that by their individual quality factors.
Answer:
calibrated, stone
Question:
7. Cutting standards are generally ______________ for low-end goods.
Answer:
looser
Question:
8. Color, cut, and clarity are important factors for ___________________ gems.
Answer:
middle-market
, Question:
9. A ______________ typically contains a range of qualities, and the best often sell for a lot more than the
remainder of the _______________.
Answer:
parcel
Question:
10. Because retailers deal directly with consumers, they must have complete confidence in their
__________________.
Answer:
wholesalers
Question:
11. ______________, _______________, and ____________________ are the main attributes of a fine
stone.
Answer:
rarity, exceptional color, large size
Question:
12. The ____________________________ of a fine-quality gem can be a powerful sales tool and have an
impact on its value.
Answer:
documented origin
Question:
13. Gemstone sizes cut to fit standard mountings.
Answer:
calibrated sizes
Question:
14. A document that indicates a stone's geographic origin, based on its inclusions and trace element
chemistry.
Answer:
certificate of origin
Question:
15. Market sector where average-quality gemstones are used in mass-market jewelry.
Answer:
commercial market
Question:
16. A unique piece designed and created for a particular customer often around specially chosen stones.
Answer:
custom-made jewelry
