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1) Which statement is NOT correct for a character of remittance?. A) High risk B Bank Credit C Simple process D)Imbalance of cash burden

1) Which statement is NOT correct for a character of remittance?. A) High risk B Bank Credit C Simple process D)Imbalance of cash burden

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1) Which statement is NOT correct for a character of remittance?. A) High risk B Bank Credit C Simple process D)Imbalance of cash burden 2) Which party will an export contact for amending if the exporter found any mistake after his examing a letter of credit ? A conforming bank B advising bank C The issuing bank d)lmporter 3) Under which term will an importer pay less cost of delivery? a)CFR/CIF Ex Ship's Hold b)CFR/CIF Landed c)CFR/CIF Liner Terms D)CFR/CIF Ex Tackle 4) Under which term will an importer pay less cost of delivery? A) CFR/CIF Ex Ship's Hold B) CFR/CIF Landed C) CFR/CIF Liner Terms D)CFR/CIF Ex Tackle 5) As an exporter in China, you got an offer from an importer from USA. Which of following price quotation is not correct in the offer? A USD 100 metric tons FOB Shanghai B USD 100 metric pairs CIF New York USD 100 metric tons CFR Shanghai D USD 100 metric tons CPT New York
Transcribed Image Text:1) Which statement is NOT correct for a character of remittance?. A) High risk B Bank Credit C Simple process D)Imbalance of cash burden 2) Which party will an export contact for amending if the exporter found any mistake after his examing a letter of credit ? A conforming bank B advising bank C The issuing bank d)lmporter 3) Under which term will an importer pay less cost of delivery? a)CFR/CIF Ex Ship's Hold b)CFR/CIF Landed c)CFR/CIF Liner Terms D)CFR/CIF Ex Tackle 4) Under which term will an importer pay less cost of delivery? A) CFR/CIF Ex Ship's Hold B) CFR/CIF Landed C) CFR/CIF Liner Terms D)CFR/CIF Ex Tackle 5) As an exporter in China, you got an offer from an importer from USA. Which of following price quotation is not correct in the offer? A USD 100 metric tons FOB Shanghai B USD 100 metric pairs CIF New York USD 100 metric tons CFR Shanghai D USD 100 metric tons CPT New York
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