TRADE FOR SME: ABBREVIATIONS
GATT (globalization) Correct Answer: General Agreement on Tariffs and Trade
WTO (globalization) Correct Answer: World Trade Organization
VER (globalization) Correct Answer: Voluntary Export Restraint
LCR (globalization) Correct Answer: Local Content Requirements
UN (globalization) Correct Answer: United Nations
EU (globalization) Correct Answer: European Union
RoRo (transport modes) Correct Answer: roll-on roll-off
LoLo (transport modes) Correct Answer: Lead-on Lead-off
T&T (transport modes) Correct Answer: Tracking and tracing
TEU (transport modes) Correct Answer: Twenty-Feet Equivalent Unit
MPL (transport modes) Correct Answer: Maximum Payload
MGW (transport modes) Correct Answer: Maximum Gross Weight
ULD (transport modes) Correct Answer: Unit Load Device
FF (transport) Correct Answer: Freight Forwarder
CEB (transport) Correct Answer: Confederation of Belgian Freight Forwarders
ICC (incoterms) Correct Answer: International Chamber of Commerce
EXW (incoterms) Correct Answer: Ex Works
FCA (incoterms) Correct Answer: Free Carrier
CPT (incoterms) Correct Answer: Carriage Paid To
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