NASBITE CGBP – Oregon Test
A company wants to insure against the risk associated with the non-payment of a foreign
receivable. Which agency would be the most appropriate? - ✔✔Exlm
The tariff applied to any product imp
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NASBITE CGBP – Oregon Test
A company wants to insure against the risk associated with the non-payment of a foreign
receivable. Which agency would be the most appropriate? - ✔✔Exlm
The tariff applied to any product imported into the United States is determined by its: -
✔✔HTSUS number
The Gold Key service offered by the US Commerce Department is useful for - ✔✔Identifying
and setting appointments with potential foreign partners
A typical global business plan would include which of the following:
a.) equity analysis
b.) stock price projections
c.) retained earnings
d.) SWOT analysis - ✔✔SWOT analysis
To gain insight on tips for U.S. companies selling products or services into a particular foreign
country, a U.S. company should research which resource? - ✔✔Commercial Service Country
Commercial Guide
A restaurant chain is seeking to expand internationally, but does not want to have the risk of
owning any foreign assets. Which entry mode would most meet their needs? - ✔✔Licensing
A company is seeking financing for assets to be purchased for an overseas subsidiary. Which
agency would be the most appropriate? - ✔✔OPIC
A company is considering its foreign partner options. Ideally the foreign partner will need to
inventory the product in quantity to be sold later in smaller quantities. This likely means which
type of foreign partner would be used? - ✔✔Distributor
When is the Electronic Export Information filing required? - ✔✔For any shipment in which a
single Schedule B commodity value and of same origin is US $2,500 or greater
Assume there are two possible Harmonized Code classification headings for a particular product,
and both seem equally plausible. What should be done next? - ✔✔Review the section and
chapter notes for each heading for possible clarification
In a U.S. balance sheet, what is true? - ✔✔Assets equals liabilities plus equity
If a company is not comfortable with the risk associated with the foreign bank issuing a Letter of
Credit, they would ask their local bank to - ✔✔Confirm the L/C
An infrequent exporter is experiencing high freight costs when exporting products by air freight
and contracting the freight directly with air carriers. As a possible solution, they should - ✔✔Get
a quote from a freight forwarder for possible consolidation savings
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