QUESTION The government organization that employs 76 district international trade officers and 10 regional international trade officers throughout the United States as well as a 10-person international trade staff in Washington, D.C. to help potential exporters is the: A. Federal Trade Commission. B. U.S. Commercial Service. C. International Trade Administration. D. Small Business Administration. E. […]
QUESTION Which of the following organizations runs the Service Corps of Retired Executives (SCORE) program? A. Foreign Credit Insurance Association B. International Trade Administration C. Small Business Administration D. U.S. Department of Commerce E. U.S. Commercial Service ANSWER C
QUESTION Which of the following is a function of an export management company? A. It starts exporting operations for a firm with the understanding that the firm will take over operations after they are well established. B. It coordinates the Export Legal Assistance Network, a nationwide group of international trade attorneys. C. It oversees volunteers […]
QUESTION Which of the following refers to an export specialist that acts as an export marketing department for client firms? A. Export management company B. Export-import firm C. Foreign direct investment management firm D. Strategy management company E. Association of export companies ANSWER A
QUESTION The Small Business Administration oversees almost 11,500 volunteers with international trade experience to provide one-on-one counseling to active and new-to-export businesses through its program known as the: A. Export Legal Assistance Network. B. Service Corps of Retired Executives. C. International Trade Veteran’s Group. D. Network of Foreign Trade Executives. E. Export Management Company. […]
QUESTION Which of the following is a drawback of relying on an export management company (EMC)? A. It does not provide references and has no antecedents. B. The exporting company can fail to develop its own exporting capabilities. C. It does not have expert specialists to help a neophyte exporter identify opportunities. D. It typically […]
QUESTION A nationwide group of international trade attorneys who provide free initial consultations to small businesses on export-related matters is the: A. TradeNet Export Advisor. B. Export Trade Assistance Partnership. C. United States Trade Service. D. Export Legal Assistance Network. E. Ex-Im Network. ANSWER D
QUESTION Japan’s great trading houses are referred to as: A. kaizen. B. sogo shosha. C. zaibatsu. D. guanxi. E. kanban. ANSWER B
QUESTION In international trade, an exporter wants to be paid before a consignment is shipped. Correspondingly, the importer wants to pay only upon receipt of the consignment. These conflicting preferences of the parties are a manifestation of: A. corporate greed. B. acculturation. C. lack of trust. D. cultural insensitivity. E. countertrading opportunities. ANSWER C
QUESTION The sogo shosha of Japan: A. proactively and continuously seek export opportunities for their affiliated companies. B. exclusively serve the largest and most prestigious companies in Japan. C. have offices concentrated in the business district of Tokyo. D. have monopolized the export market in the country. E. consider export only when there is excess […]
