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Question
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Related questions
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The Brazilian buyer wants the buses delivered at Santos. Weiss looks up the International Chamber of Commerce's Incoterms and finds three categories of "delivered" at a receiving port. They are:
DAT (Delivered at Terminal). In this type of transaction, the seller clears the goods for export and bears all risks and costs associated with delivering the goods and unloading them at the terminal at the named port or place of destination. The buyer is responsible for all costs and risks from this point forward including clearing the goods for import at the named country of destination.
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How should he choose? Why?
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Integrated air carriers own all their vehicles and the facilities that fall in between.
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Shipping conferences refer to annual meetings of large international shippers.
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International transportation cannot be effective or efficient without fairly identical handling equipment being in place at each end of the trip.
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Cargo preference rules indicate how each shipment should be loaded into a transport vehicle.
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b. measures a company's logistics cost as a percentage of its total cost
c. compares inventory turnover for major retailers
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Shipping conferences refer to ____.
a. annual meetings of large international shippers
b. international shippers' associations
c. cartels of ocean vessel operators operating between certain trade areas
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Incoterms are generally revised approximately every ____ years.
a. 25
b. 20
c. 10
d. 5
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A ____ is similar in nature to a domestic bill of lading and summarizes the entire transaction.
a. certificate of origin
b. commercial invoice
c. shipper's letter of instruction
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a. RFID tab
b. shipper's mark
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When one country's currency is weak relative to other currencies, ____.
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b. both imports and exports surge
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____ refers to the sum of the gross domestic product of all countries.
a. net world product
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c. gross world product
d. gross world income
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