There are three types of invoices mentioned in this chapter
QUESTION
5.3 – Assignment: Review QuestionsChapter 9:1. Question 1 – There are three types of invoices mentioned in this chapter. Explain each one of them and tell which is truly an invoice and which is not.2. Question 3 – What documents are necessary for exporting from the United States?3. Question 7 – What are the advantages of conducting international trade using electronic document transmissions, such as EDI, Bolero, and TradeCard?Chapter 10:1. Question 1 – Describe some of the risks that an ocean shipment faces.2. Question 2 – Describe some of the risks that an air shipment faces.3. Question 5 – What possible risk management strategies can an exporter/ importer follow? Explain each strategy’s advantages and disadvantages from the perspective of a small exporter.4. Question 8 – Explain the concept of international credit insurance and explain how it is possible to contract a policy covering commercial and political risks.
ANSWER:
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