The incoterms rules Guides d'étude, Notes de cours & Résumés

A 1. A hedge is a contract that provides protection against the risk of loss from a change in _________ A. Foreign exchange rates B. Inflation C. Interest rate D. None of the above A 2. There are 03 common methods of hedging: forward market hedge, money market hedge and option market A. True B. False A 3. A "put" option gives the buyer the _________, but not the _______________ to sell a specified number of foreign currency units to the option seller at a fixed dollar pr...

A 1. A hedge is a contract that provides protection against the risk of loss from a change in _________ A. Foreign exchange rates B. Inflation C. Interest rate D. None of the above A 2. There are 03 common methods of hedging: forward market hedge, money market hedge and option market A. True B. False A 3. A "put" option gives the buyer the _________, but not the _______________ to sell a specified number of foreign currency units to the option seller at a fixed dollar pr...

C 5. Which of the following parties receive documents for collection from the exporter? A. Drawee B. Principal C. Remitting bank D. Presenting bank B 8. Which brings the most risk for exporter? A. Cash in advance B. D/A C. D/P F Remitting bank, collecting bank under Documentary Collection have an undertaking/commitment to pay to the exporter. A An issuing bank is irrevocably bound by the terms of the amendment as of the time: A. the issuing bank issues the amen...

Basic Terms of Payment are: a. Cash in Advance, Documentary Credit, Documentary Collections b. Cash in Advance, Documentary Collections, Open Account c. Cash in Advance, Documentary Credit, Open Account d. Cash in Advance, Documentary Credit, Documentary Collections, Open Account d ____describes the procedure in documentary credit for the goods, the transfer from seller to the buyer through the banks and the transfers of the payment from the buyer to the seller through the banks (set...

The most important Incoterms' difference between 2000 and 2010 version is: a "Pass the ship's rails" extend to "on board the vessel" b DEQ replaced by DAT c Packing costs transferred to seller under FOB d DAF, DES, DDU replaced by DAP D uBased on the recent Incoterms 2010, how many Incoterms are there? a 7 b 9 c 11 d 10 C Which of the following does not belong in Incoterms 2010? a FAS (Free Alongside Ship) b FOB (Free On Board) c CFR (Cost and Freight) d D...

SCMN 3150 Final Exam Questions and Answers Already Passed What types of knowledge and benefits should supply chain information technology provide to users? Managing and reducing materials cost, improving customer service, improving manufacturing efficiency, optimizing overall internal supply chain costs, reducing supply chain risk What is the role of a decision support system? How do execution systems help a supply chain? a. Help decision makers utilize data and models to identify a...

Test Bank For International Business 3rd Edition by Michael Geringer, Jeanne McNett. Isbn:9781264067527. 9781265992682. International Business, 3e test bank. Geringer 3e test bank for International Business. TOC-=module 1 The Challenging Context of International Business What Is International Business and What Is Different about It? The Influence of External and Internal Environmental Forces The Domestic Environment The Foreign Environment The International Environment Is Internationaliza...

BUSI 3250 Auburn Exam 3 Study Guide 1. marketing to millennials: 5 paradoxical trends: 1. amortality 2. shareconomy 3. cloaking 4. predictable consumer behavior 5. serendipity 2. amortality: anti-aging trends for millenials 3. shareconomy: also called shortcut society - MOOCs, uber, airbnb, renting your car to someone else 4. cloaking: creation of private pages or closed groups on social media sites such as facebook, desharing & unselfies 5. predictable consumer behavior...

CGBP Exam 2022 with complete solution, Questions with accurate answers. Rated A Document Content and Description Below CGBP Exam 2022 with complete solution A primary function of ________ is/are to anticipate the possibility of default or delay in payments by foreign borrowers. -Ans>> country risk assessment Transf er pricing is an issue facing U.S. exporters: -Ans>> only when selling to a related foreign buyer Which of the following is primarily responsible for regulating the expo...

Terms of Trade of Incoterms Rules Incoterms rules refer to the set trading standards' terms and conditions meant to help traders during product transit. Each rule clearly dictates each party's obligation and when risk shifts from seller to buyer. Therefore, agreeing to the terms and conditions, both the buyer and seller can enter into a mutual understanding of what is required of them and who is responsible for damaged goods or any other mishap during the process. The rules are us...