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
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MCQ's Test For Chapter 14 "Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test"

Try The MCQ's Test For Chapter 14 "Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test

00:00
Question # 1

Due to export trade:

Question # 2

The methods of selling goods in foreign countries:

Question # 3

If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called

Question # 4

The indent is also called:

Question # 5

How many types of an indents

Question # 6

Export trade includes all the activities, which are performed in sending goods from one country to another country is called

Question # 7

How many step in procedure of export trade

Question # 8

Who does accept and indent:

Question # 9

What is prepared by the exporter on the settlements of matters:

Question # 10

State the procedure or steps of exporting goods are

Question # 11

How many methods of selling goods in foreign countries

Question # 12

When both the parties are satisfied with the performance of each other then their deal comes to an end are called

Question # 13

What is prepared by the exporter on the settlements of matters

Question # 14

If the goods and services are sold to the trader pf another country then it is called

Question # 15

The methods of selling goods in foreign countries

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14th Chapter

11th Principles of Commerce Chapter 14 Test

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ICom Part 1 Principle of Commerce (English Medium) Chapter 14 Important MCQ's

Sr.# Question Answer
1 If the goods and services are sold to the trader pf another country then it is called
A. Import trade
B. Export trade
C. Foreign trade
D. None of these
2 How many methods of selling goods in foreign countries
A. 5
B. 7
C. 8
D. 9
3 The indent is also called:
A. Marine insurance policy
B. Inquiry letter
C. Bill of lading
D. None of these
4 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
5 How many types of an indents
A. 2
B. 3
C. 4
D. 5
6 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
7 What is prepared by the exporter on the settlements of matters:
A. Invoice
B. Consular invoice
C. Certificate of origin
D. All of these
8 Who does accept an indent
A. Exporter
B. Importer
C. Government
D. None of these
9 The indent is also called
A. marine insurance policy
B. Inquiry letter
C. Bill of lading
D. None of these
10 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

Test Questions

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