IEI 301 full Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

1. Which of the following is a motive behind the move toward the harmonization of international contract law? a. Increase in trade and other economic relations between nations b. The growth of international customary law c. The adoption of international conventions and rules d. All of the abov...

1.Export prices should be low enough to remain competitive in the market, yet high enough to make reasonable profit. : T 2. Parallel or gray markets are created when the product is purchased at a high price in one market and sold in markets that enjoy higher prices. : F 3. One of the externa...

The payment terms offered by exporters to foreign buyers are all of the following except: a. Cash in advance b. Consignment but negotiable note c. Open account d. Documentary collection : b The following payment method could be risky for the seller: A.Cash in advance 2 | P a g e B.Irrevocab...

1. Systematic approach is based on demand and growth trends, statistical sources, familiarity, proximity to producer, etc. A. True B. False : A 2. Which should be included in an International Business Plan? A. Target market B. Marketing and sales strategy C. Management and organization D. ...

In which of the following countries do services account for about 40 percent or more of total merchandise trade? a. China and Panama b. Panama and the Netherlands c. China, Panama, and the Netherlands d. China and the Netherlands : b Which of the following are included in a typical services ...

100. Specific tariffs are: a. Levied as a proportion of the value of the imported good. b. Levied as a fixed charge for each unit of a good imported. c. In the form of manufacturing or production requirements of goods. d. Government payment to domestic producers. : B All of the following are t...

1. In which of the following countries do services account for about 40 percent or more of total merchandise trade? a. China and Panama b. Panama and the Netherlands c. China, Panama, and the Netherlands d. China and the Netherlands : b 2. Which of the following are included in a typical se...

1.Export prices should be low enough to remain competitive in the market, yet high enough to make reasonable profit. : T 2. Parallel or gray markets are created when the product is purchased at a high price in one market and sold in markets that enjoy higher prices. : F 3. One of the externa...

50 Who often arranges for goods to picked up and delivered to a carrier , selects the transportation mode and books the necessary space for the cargo ? A a freight forwarder B bank C state-owned committee D customs broker : A 49 which of the following is not true for international logistic ?...