142.
_______________________________ act as agents for exporters and prepare documents,
book space on carriers, and otherwise act as the exporter’s traffic department.
143.
The U.S. Department of Commerce form used to control export shipments and record
export statistics is the
144.
A document issued by the carrier that is a contract for the shipment, a receipt for the
goods shipped, and a certificate of ownership is a(n)
145.
The three kinds of marine insurance policies are ______ named perils, ______ named perils,
and all risks.
146.
The EU mark that indicates that merchandise conforms to European health, safety, and
environmental requirements is the ____________ mark.
147.
Independent businesses that handle import shipments for compensation are
148.
A ____________ is an area authorized by customs authorities for storage of goods on which
payment of import duties is deferred until their removal.
149.
Merchandise subject to import ______ can be on the dock of an American port awaiting
clearance through customs, but if the ______ fills anywhere during the wait, those goods
cannot be imported for the rest of the fiscal year.
17–76
150.
HTSA is the U.S. version of the global tariff code known as the
Essay Questions
151.
What rationales do U.S. nonexporting firms often offer to explain their avoidance of foreign
markets?
17–78
152.
What are the most common mistakes made by new exporters?
153.
Identify and explain the different Incoterms.
17–81
154.
“Although air freight rates are usually higher than ocean freight rates, it may be less costly
for a firm to ship by air.” Explain why this statement is correct or incorrect.
