4

{ Back Week 4: Mid-term Exam Freight Fowarders: Offer considerable cost saving to the shipper. SES | Serve as intermediaries between the shipper and the carrier. ~ Companies that own and operate ocean-going vessels. (S | Prepare documentation Question 14 5/ 5 points What is Free and Secure Trade (FAST)? o A program developed between the United States, Mexico, and Canada to ensure security and safety ~ while enhancing economic prosperity of each country. . b. A government-business initiative to build cooperative relationships that strengthen overall supply chain and border security. ) Designed to support the global supply chain and enhance border security efforts. . Mandates that cargo information from shipments arriving by truck, rail and air are also provided to CBP " in advance of the shipment's arrival at U.S. ports of entry. Question 15 5/ 5 points The first edition of Incoterms was published in: 1925 104