The legal movement of goods into designated area

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Reference no: EM132250523

1. The legal movement of goods into a designated area in an international move, while administered by the Customs Authority but does not require the clearing of customs or paying duties is an example of:

IMO regulations

Squishy Zone

Free trade zone

Free trade Agreement

2. Logistics has 3 primary components, each of which has to be completed correctly to ensure the efficient and effective movement of the goods from source to destination - what are these three components?

Physical Movement, Information and Financial Funds Flow

Physical Movement, Funds Flow and Customs Submissions

None of the above

Physical Movement, CI and BoL, and Payments

3. The World Bank gives us other measures for importing and exporting besides the LPI. Which are measures the World Bank data covers?

Lead Time to Import or Export

Number of documents to effect the import or export

The cost to import or export one TEU

All of the above

4. Mesures of human capital include:

A) separation costs

B) return on assets

C) earnings per share

D)Training program costs

5. All of the following are reasons to create an SLI (Shipper's Letter of Instruction), except?

The format you use cannot be modified to include additional data and instructions.

The exporter has a written record of its instructions to the forwarders.

It acts as the request for documents prepared by the freight forwarder, any other export control documents, and the international bill of lading.

It provides the data elements required for filing electronic export information as required by the Foreign Trade Regulations.

If you are authorized to provide the freight forwarder with a written power of attorney, it includes this provision

6. Which forcasting method "stores" all previous data in the forecasts?

A. Moving averege (MA)

B. Weighted Moving Averege (WMA)

C Exponential smoothing

D. Linear Regression

E The Naive Approach.

Reference no: EM132250523

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