Membership Exam Portal

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SHIPPING /IMPORT AND EXPORT MANAGEMENT

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ONLINE EXAMINATIONS

The online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam again

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IT. Irrevocable letters of credit:

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IT. The term relates to patent, trademarks, copyrights and trade secrets

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IT. The mostly used mode of transporting liquid cargoes globally is…….

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IT. Final selection of supplier is based on: 

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IT. Which of the following is not considered as factors of production?

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IT. Risks in foreign trade include:

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IT. In a commercial shipping transaction, which of the following documents functions as a document of title by which goods may be transferred to a consignee or other party?

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IT. International chamber of commerce was established on………...

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IT. The concept of Complementarity, Intervening opportunity and Transferability was propounded by.…….

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IT. Advising of letter of credit will be done by the bank

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IT. TEU stands for

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IT. International trade and domestic trade differ because of:

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IT. Which of the following is an important document in international trade?

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IT. A specific place for a ship in harbour is called----

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IT. ……… system refers to the practice of loading barges (lighters) aboard a larger vessel for transport

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IT. FMCG means

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IT. Which of the following organizations extends preferential status to developing countries by releasing them from making concessions not consistent with their individual development, financial and trade requirements?

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IT. A formal agreement among two or more countries, in which customs duties and nontariff trade barriers among members are eliminated, but individual tariff schedules are maintained for nonmembers is referred to as a

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IT. Hazardous goods attract………. freight rates 

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IT. ……… and ……… of cargo has the added advantage of synchronizing promotions and long-term inventory decisions for customers

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IT. Exports and Imports come under the purview of………..

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IT.  A document that contains a precise description of the goods is known as a……….

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IT. ………. is the application of knowledge which redefine the boundaries of global business

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IT. Mobility is fundamental to ………between a point of origin and another destination.

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IT. SMEs stands for:

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IT. According to the theory of comparative advantage, which of the following is not a reason why countries trade?

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IT. The annual cargo throughout at port generally refers to the

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IT. Many representative contracts provide that any dispute between the parties shall be submitted to arbitration for final settlement in accordance with the rules of the

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IT. Railway station is to the train while ………is to the ocean-going vessel

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IT. If export cargo is lost in transit, the exporter should

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IT. ………… is duty or tax imposed on a commodity when it crosses the national boundaries

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IT. Foreign trade creates among countries ………

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IT. A multinational corporation (MNC) is defined by………...

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IT. The ease of movement between places is …….

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IT. Euro is not a legal tender in which of the following country………...

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IT. Intellectual property rights include:

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IT. The central feature of contracts is the notion that the seller undertakes to place the goods on board the ship designated by the buyer

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IT. One of the following is not a Maritime Transport Agency in Nigeria?

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IT. In which way do Chinese firms typically exploit foreign market opportunities?

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IT. NAFTA means

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IT. Which of the following modes of transportation has been widely used for inter-continental trips?

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IT. ……… is a one who agrees to ship all portion of his cargo through members of liner conference

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IT. Basic need potential is often determined by environmental conditions such as:

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IT. A commercial invoice is issued by……….

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IT. The price quoted by the seller for the product

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IT. Which of the following modes of transportation has been widely used for inter-continental trips?

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IT. CSR stands for……...?

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IT. ………. are also known as International Bank for Reconstruction and Development

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IT. The Secretariat of the WTO is headed by the

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IT. Which of the following term cannot be used for transportation of goods by Road or Air?

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