agreement between two trading countries
conditions attached to specific trade transaction
the relationship between export and import prices
the difference between the value imports and exports
all payments made-to other countries and receipts from them
Correct answer is C
No explanation has been provided for this answer.
Which of the following documents is used when goods are sent on approval?
Catalogue
Delivery note
Receipt
Advice note
Pro forma invoice
Correct answer is E
No explanation has been provided for this answer.
N240
N226
N216
204
120
Correct answer is B
No explanation has been provided for this answer.
When a seller decides to sell his goods at a specific price for a specific period, he is making?
a sales promotion
a bid
an auction sale
a firm offer
an implied guarantee
Correct answer is D
No explanation has been provided for this answer.
When the balance of trade is unfavourable which of the following conditions prevails?
Exports exceed imports
Imports exceed exports
Customs duty is high
lnvisible exports exceed visible imports
The value money falls
Correct answer is B
No explanation has been provided for this answer.