14th Chapter

11th Principles of Commerce Chapter 14 Test

Here you can prepare 11th Principles of Commerce English Medium Chapter 14 Export Trade Test. Click the button for 100% free full practice test.

First Year Principles of Commerce Chapter 14 Online MCQ Test for 1st Year Principles of Commerce Chapter 14 (Export Trade)

This online test contains MCQs about following topics:

Meaning and definition of export trade . Methods of selling goods in foreign countries . Procedure of export

ICOM Part 1 Commerce Ch. 14 Test
ic

First Year Principles of Commerce Chapter 14 Online MCQ Test for 1st Year Principles of Commerce Chapter 14 (Export Trade)

Sr. # Questions Answers Choice
1 Which documents are prepared by the exporter after the settlement of affairs are
  • A. Invoice
  • B. Consular invoice
  • C. Certificate of origin
  • D. All of them
2 Export trade includes all the activities, which are performed in sending goods from one country to another country is called
  • A. Import trade
  • B. Export trade
  • C. Foreign trade
  • D. None of these
3 How many step in procedure of export trade
  • A. 21
  • B. 22
  • C. 23
  • D. 24
4 The methods of selling goods in foreign countries:
  • A. Advertisement
  • B. Personal visit
  • C. Travelling agnets
  • D. All of the above
5 The indent is also called
  • A. marine insurance policy
  • B. Inquiry letter
  • C. Bill of lading
  • D. None of these
6 If the price and quality of goods alongwith other factors are decided before the execution of order then it is called
  • A. Close indent
  • B. Open indent
  • C. Both a and b
  • D. None of these
7 When both the parties are satisfied with the performance of each other then their deal comes to an end are called
  • A. End of deal
  • B. Securing payment
  • C. Delivery of documents
  • D. Dispatching the documents
8 If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called
  • A. Open indent
  • B. Close indent
  • C. Both a and b
  • D. None of these
9 Due to export trade
  • A. Increase in employment opportunities
  • B. Increase in foreign exchange
  • C. Relations with other countries establish
  • D. All of the above
10 How many methods of selling goods in foreign countries
  • A. 5
  • B. 7
  • C. 8
  • D. 9

Chapterwise Lists

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