SCMN 2150 Module 12 Quiz with Complete Solutions

SCMN 2150 Module 12 Quiz with Complete Solutions According to data provided by Marine Benchmark, which vessel type emitted the most "annual carbon-dioxide emissions" overall in 2019? a. Bulk Carriers b. Tankers c. Container Ships d. Cruise Ships a. Bulk Carriers Reporting arrival of goods, Release, and Accounting for duties and/or taxes are steps in which aspect of importing to the United States? a. Shipping Transfers b. Importing Preparation c. Release Methods d. Clearance Process d. Clearance Process (T/F) UNCTAD Secretary-General Kituyi said in the 12 Nov Review of Maritime Transport 2020 that the global shipping industry must help adapt "just-in-case" logistics to "just-in-time" preparedness. True False False Retailers can delay payment of duties by placing imported goods in a ______________ for a specified maximum amount of time. This facility is a secure area under joint custody with U.S. Customs for goods that have gone through the entry process. No manufacturing can take place here. a. Foreign trade zone b. Port Authority c. Customs area d. Bonded warehouse d. Bonded warehouse If a company cannot afford the total loss of a shipment, what is the best way to redistribute its financial risk of freight losses and claims liability in global trade? a. Depend on the transportation provider's insurance b. Avoid using questionable ports c. Purchase freight insurance from an underwriter d. None of these e. Self-insure the goods for their full value c. Purchase freight insurance from an underwriter