Deck 10: Global Transportation Planning

Question 1

The trucking issue that almost de-railed NAFTA in 1995 dealt with?

A) Rates levied by Mexican Firms
B) Tarrifs charged by the U.S. government
C) Safety and smuggling
D) Use of U.S. trucks on Mexican roads.

Answer 1

C

Question 2

What is a Maquiladora plant?

A) a plant grown for packing fragile shipments
B) a truck terminal on the border where shipments can be transloaded
C) a manufacturing facility in Mexico where products can be assembled and returned to the U.S. without duty being paid
D) a manufacturing facility in U.S. where products can be assembled and returned to Mexico without duty being paid

Answer 2

C

Question 3

Which of the following is not classified as a Logistics Channel Activity?

A) Risk-Reward Channel
B) Transaction Channel
C) Communication Channel
D) Distribution Channel

Answer 3

A

Question 4

Which type of INCOTERM is used when the importer takes full responsibility from the point of departure?

A) C
B) D
C) E
D) F

Question 5

Looking at exports and imports combined who is the U.S.'s largest trading partner?

A) Mexico
B) China
C) Japan
D) Canada

Question 6

Between 1998 and 2009 how much as a percentage of the global economy did export grow?

A) 9%
B) 15%
C) 39%
D) 28%

Question 7

Which of the following is not one of the four C-Incoterms?

A) CFR
B) CPT
C) CPI
D) CIF

Question 8

What is the second step in transportation planning?

A) Carrier selection
B) Mode Selection
C) Route Planning
D) Customer approach

Question 9

Which of the following is not one of the export preparation activities?

A) Terms of trade
B) Cargo Insurance
C) Mode Selection
D) Terms of payment

Question 10

Which transportation mode provides high capacity and low cost?

A) Air
B) Pipeline
C) Water
D) Truck

Question 11

What is the major service characteristic of air transportation?

A) speed
B) careful handling
C) very reduced paperwork because of special rules which apply to air carriers
D) door-to-door service

Question 12

With respect to global transportation,the events of 9/11 and subsequent pirate attacks ____.

A) have had little impact.
B) have caused severe hardship for rail and motor carriers
C) shown that there is a delicate balance between trade and security
D) have caused shippers to shy away for international trade

Question 13

Which of the following is not a risk management option?

A) Risk retention
B) Risk transfer
C) A Mixed approach
D) Elimination of all risk

Question 14

Which is the international organization that has begun the e-freight initiative aimed at replacing paper documents?

A) IATA
B) FMC
C) DOT
D) ICAO

Question 15

Which of the following Terms of Payment has the least risk to the seller?

A) Letter of Credit
B) Cash in Advance
C) On presentation of draft to buyer
D) On maturity of the draft

Question 16

A key NAFTA stumbling block has been the inability to resolve U.S.concerns with:

A) Improved free trade between the U.S., Mexico and Canada
B) Balance of trade between Canada and Mexico
C) Reduction of duties
D) Mexican truck safety

Question 17

Which term means the ability to reach origin and destination considers the freight modes?

A) Transit time
B) Capacity
C) Accessibility
D) Reliability

Question 18

Which of the follow is something INCOTERMs will not do:

A) Define relationship regarding mode of delivery
B) Define passage of title
C) Define contractual rights
D) Define when a delivery is completed

Question 19

Which INCOTERM is used when the main carrier is paid by the exporter?

A) E
B) F
C) D
D) C

Question 20

Which of the following is not identified as a key global transportation challenge?

A) Carrier consolidation
B) Trade level fluctionations
C) Shifts in regional sourcing
D) Environmental impact

Question 21

Transportation managers are dealing with the complexity involved in global transportation by?

Question 22

The growth in global trade has been fueled by free trade agreements (FTAs).Why does an FTA work? What American work areas are specifically cites as benefiting from expanding opportunities due to FTAs? What countries does the U.S.have FTAs with?

Question 23

What is the purpose of the North American Free Trade Agreement? How has it impacted trade between the U.S.,Canada and Mexico?

Question 24

Describe the some of the key global transportation challenges.

Question 25

Describe Free Alongside Ship (FAS)incoterm:

Question 26

Please describe a transaction channel as part of the logistics channels.

Question 27

Describe the activities managers must accomplish as a part of import/export management.

Question 28

Why is international cargo subject to a wide array of loss and damage risk?

Question 29

What options do exporters and importers have to manage risk?

Question 30

Please compare different transportation modes with respect to strength,limitation,primary role,primary product characteristic,and example products.

Question 31

Why is cargo insurance is a challenge?

Question 32

In response to the U.S.failure to extend the Trucking Pilot Program the Mexican Government did what?

Question 33

What is a Maquiladora plant? What is its primary purpose?

Question 34

What does the Delivery Duty Unpaid incoterm mean?