Question 1

What are the factors that encourage companies to engage in countertrade?

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Question 2

The _____ is the person or entity sending or transporting the goods out of the country.

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Question 3

The _____ refers to a written order for a certain amount of money to be transferred on a certain date from the person who owes the money or agrees to make the payment.

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Question 4

The _____ certification is a mark that a company's products and services have met quality standards and that the company has quality-management processes in place.

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Question 5

What is the Japan External Trade Organization (JETRO)?

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Question 6

What is the draft or bill of exchange?

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Question 7

What are the investment modes of entry into a foreign country?

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Question 8

In a(n)_____ joint venture, there is no contribution of capital to form a new entity.

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Question 9

The _____ is the person or entity buying or transporting goods from another country into one's home country.

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Question 10

_____ provides a common framework and process to ensure that each party will do what they say in the import/export transaction.

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Question 11

The _____ created a framework that calls for cooperation between the customs administrations of different countries.

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Question 12

At the foreign port, the _____ arranges to have the exported goods clear customs and be shipped to the buyer.

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Question 13

A(n)_____ refers to a country that has very advantageous (low)corporate income taxes.

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Question 14

This document is given to customs and port authorities during export transaction and the information in the document is used to compile statistics about exports from the country.This document is known as the _____.

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Question 15

What are the factors that have an impact on the success of an organization trying to establish its business in a foreign country?

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Question 16

_____ are export intermediaries who represent a company in the foreign market.

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Question 17

_____ functions like a credit card, but instead of funding the card through cash in a bank account, a company funds the card with its own goods and services.

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Question 18

In a(n)_____ joint venture, each partner contributes capital and resources in exchange for an equity stake and share in any resulting profits.

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Question 19

What are the two contractual modes of entry into a foreign country?

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Question 20

What is mandatory for companies to do if they seek to enter a foreign market?

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Quiz 9: Exporting, Importing, and Global Sourcing