Which of the following carries the bulk of goods involved in foreign trade?
Cargo planes
Cargo liners
Tramp vessels
Steam ship
Tankers
Correct answer is C
No explanation has been provided for this answer.
Which of the following is an example of a commercial occupation?
Wrestling
Welding
Shipping
Brick laying
Tailoring
Correct answer is C
No explanation has been provided for this answer.
An establishment that specializes in taking care of risks is called?
a hire-purchase company
an accepting house
an insurance company
a finance company
a confirming house
Correct answer is C
No explanation has been provided for this answer.
a chamber of commerce
a customs union
an amalgamation
a cartel
a combination
Correct answer is D
No explanation has been provided for this answer.
The most acceptance and convenient means of payment in foreign trade is?
letter of credit
bank-draft
telegraphic money order
promissory note
bill of exchange
Correct answer is A
No explanation has been provided for this answer.