MAN 3600 Unit 9 mini–Questions and
Correct Verified Answers.
In an export quote, the seller agreed to be responsible for the shipment of goods to the dock of
a port in the buyer (importer)'s country EXCLUDING the costs of ocean shipping insurance.
Which of the following incoterms do the seller and buyer use?
CFR
CIF
FAS
FOB
None of the above - Answer CFR
In the beginning of international venture, a firm most likely experience_____________:
increasing risk and decreasing profits
decreasing risk and increasing profits
decreasing both risk and profits
increasing both risk and profits
constant risk and profits - Answer increasing risk and decreasing profits
The level of control a firm is seeking when deciding the mode of foreign market entry is
___________.
management factor
an internal factor
an external factor
environmental factor
None of the above - Answer management factor
As a type of countertrade, ________________ requires the seller to agree to supply technology
or equipment to construct a facility and receives payment in the form of goods produced by the
Correct Verified Answers.
In an export quote, the seller agreed to be responsible for the shipment of goods to the dock of
a port in the buyer (importer)'s country EXCLUDING the costs of ocean shipping insurance.
Which of the following incoterms do the seller and buyer use?
CFR
CIF
FAS
FOB
None of the above - Answer CFR
In the beginning of international venture, a firm most likely experience_____________:
increasing risk and decreasing profits
decreasing risk and increasing profits
decreasing both risk and profits
increasing both risk and profits
constant risk and profits - Answer increasing risk and decreasing profits
The level of control a firm is seeking when deciding the mode of foreign market entry is
___________.
management factor
an internal factor
an external factor
environmental factor
None of the above - Answer management factor
As a type of countertrade, ________________ requires the seller to agree to supply technology
or equipment to construct a facility and receives payment in the form of goods produced by the
