CERTIFIED EXPORT SPECIALIST UPDATED EXAM SCRIPT
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔Use of intermodal containers in ocean transportation began in: - ✔✔In the mid
1950s
✔✔An airline airwaybill (AWB) is "issued" only when signed by an airline employee
upon acceptance of the cargo. - ✔✔False
✔✔Electronic bill of lading messages have largely replaced use of paper bills of lading. -
✔✔False
✔✔The Hague-Visby Rules are the most widely adopted international set of rules
governing the transportation of goods by ocean common carrier. - ✔✔True
✔✔The only reason a buyer will typically purchase from a supplier in another country is
because the product is simply not available domestically. - ✔✔False
✔✔Ocean carrier terms and conditions are entirely consistent with all other ocean
carriers due to applicable international rules. - ✔✔False
✔✔In the case when a customs officer of a visited country signs and stamps a carnet
Importation Counterfoil and releases the cargo, but fails to collect the Importation
Voucher, there will be no customs record of a temporary importation under that carnet. -
✔✔False
✔✔When exporting goods under a DEA export permit, what must the shipper or
forwarder do prior, or incidental, to tendering the cargo to the export carrier? - ✔✔1.
Provide the DEA export permit serial number and date on the shipper's export
declaration (EEI).
2. Submit the original and a duplicate copy of the DEA export permit to CBP at the port
of export prior to
export as required under local CBP procedure.
3. Enter onto the DEA export permit document the export details (carrier name,
transportation document
number, intended departure).
✔✔A beneficiary must present shipping documents to the negotiating bank within 7
banking days after shipment unless the L/C states otherwise. - ✔✔False
✔✔Both ocean carrier liability conditions and marine cargo insurance policies state a
"time for suit" period, which operates as an absolute limit in which cargo loss claims
must be filed.
,How long after the loss and/or delivery is this period? - ✔✔1 year
✔✔Cargo insurance certificates typically are issued as a single negotiable "original" for
the assured to retain until the consignee has paid for the goods. - ✔✔False
✔✔Goods shipped under a carnet are exempt from general U.S. import and export
restrictions. - ✔✔False
✔✔The UCP requires that each document presented for L/C negotiation must contain
verbatim the L/C's description of the shipped goods. - ✔✔False
✔✔If any items within a shipment are exported under an export license or other USG
export authorization, the export license number or other document ID must be included
in the EEI commodity line-item detail for the item. - ✔✔True
✔✔Receipt-for-carriage transport documents are not acceptable under a letter of credit
unless the L/C specifically states otherwise. - ✔✔True
✔✔Forwarders typically charge more for arranging a through intermodal bill of lading
with an ocean carrier because this takes additional time compared with separate
arrangements for each segment of transportation. - ✔✔False
✔✔When a straight B/L is issued with originals, and the consignee on the B/L cannot
provide an OB/L to the carrier for shipment delivery, the carrier will require written
approval from the shipper to release the cargo to the named consignee without
surrender of the OB/L. - ✔✔True
✔✔An ocean bill of lading marked "original" is a negotiable bill of lading. - ✔✔False
✔✔An electronic bill of lading requires all the parties who work with it to participate in
electronic exchange of specified messages via a secure network environment such as
an ocean carrier portal. - ✔✔True
✔✔Only the essential terms of a VOCC service contract must be filed with the FMC
before any cargo moves under the contract. - ✔✔False
✔✔Which of the following are correct regarding the requirement for a container packing
certificate (CPC)? - ✔✔1. Must be prepared by the person who packed or supervised
the packing of of dangerous goods into a shipper-packed container or other closed
conveyance.
2. CPC information and signed certification may be combined with the DG shipper's
declaration ("transport document") or may be on a separate form attached to the
carrier's transportation document.
, 3. Required for all DG loaded into a shipper-packed container or other closed
conveyance that will be subsequently be transported by vessel.
✔✔Dangerous goods regulations require a shipper to book in advance all dangerous
goods with the intended transportation carrier(s). - ✔✔False
✔✔Once a letter of credit has been issued, only the issuing bank may cancel or make
changes to it. - ✔✔False
✔✔If an L/C covering an export is payable in the currency of the export country, the
exporter bears the currency exchange risk. - ✔✔False
✔✔Which ocean B/L form of consignment provides the highest level of control through
bill of lading endorsement and surrender of original B/L for cargo delivery? -
✔✔Negotiable bill of lading
✔✔A forwarder's agency is limited and its responsibilities should be clearly defined with
the principal in advance, ideally through a formal letter of engagement. - ✔✔True
✔✔Although inland pre-carriage or on-carriage arranged by a VOCC under a through
bill of lading may be convenient, it is typically more expensive for a shipper or
consignee than their making these arrangements separately. - ✔✔False
✔✔The UCP establishes standards and procedures for L/C document review and
acceptance by the negotiating bank. - ✔✔True
✔✔In a routed export transaction, when the FPPI assumes responsibility in writing for
determining export requirements, the USPPI must, upon request of the FPPI, provide
ECCN(s) or sufficient technical information to determine classification. - ✔✔True
✔✔An exclusion deletes coverage of a particular type or commodity or shipping risk
from all or some of the coverage otherwise available under a cargo insurance policy. -
✔✔True
✔✔EEI is required for shipments from Puerto Rico to the U.S. - ✔✔True
✔✔A U.S. Destination Control Statement must state, as a minimum, "Diversion contrary
to U.S. law prohibited." - ✔✔False
✔✔The aircraft container dimensions and/or allowable aircraft pallet contour for the type
of aircraft to be used on available flights and the aircraft's dimensions determine the
maximum cargo package size that may be shipped by scheduled airline. - ✔✔True
QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔Use of intermodal containers in ocean transportation began in: - ✔✔In the mid
1950s
✔✔An airline airwaybill (AWB) is "issued" only when signed by an airline employee
upon acceptance of the cargo. - ✔✔False
✔✔Electronic bill of lading messages have largely replaced use of paper bills of lading. -
✔✔False
✔✔The Hague-Visby Rules are the most widely adopted international set of rules
governing the transportation of goods by ocean common carrier. - ✔✔True
✔✔The only reason a buyer will typically purchase from a supplier in another country is
because the product is simply not available domestically. - ✔✔False
✔✔Ocean carrier terms and conditions are entirely consistent with all other ocean
carriers due to applicable international rules. - ✔✔False
✔✔In the case when a customs officer of a visited country signs and stamps a carnet
Importation Counterfoil and releases the cargo, but fails to collect the Importation
Voucher, there will be no customs record of a temporary importation under that carnet. -
✔✔False
✔✔When exporting goods under a DEA export permit, what must the shipper or
forwarder do prior, or incidental, to tendering the cargo to the export carrier? - ✔✔1.
Provide the DEA export permit serial number and date on the shipper's export
declaration (EEI).
2. Submit the original and a duplicate copy of the DEA export permit to CBP at the port
of export prior to
export as required under local CBP procedure.
3. Enter onto the DEA export permit document the export details (carrier name,
transportation document
number, intended departure).
✔✔A beneficiary must present shipping documents to the negotiating bank within 7
banking days after shipment unless the L/C states otherwise. - ✔✔False
✔✔Both ocean carrier liability conditions and marine cargo insurance policies state a
"time for suit" period, which operates as an absolute limit in which cargo loss claims
must be filed.
,How long after the loss and/or delivery is this period? - ✔✔1 year
✔✔Cargo insurance certificates typically are issued as a single negotiable "original" for
the assured to retain until the consignee has paid for the goods. - ✔✔False
✔✔Goods shipped under a carnet are exempt from general U.S. import and export
restrictions. - ✔✔False
✔✔The UCP requires that each document presented for L/C negotiation must contain
verbatim the L/C's description of the shipped goods. - ✔✔False
✔✔If any items within a shipment are exported under an export license or other USG
export authorization, the export license number or other document ID must be included
in the EEI commodity line-item detail for the item. - ✔✔True
✔✔Receipt-for-carriage transport documents are not acceptable under a letter of credit
unless the L/C specifically states otherwise. - ✔✔True
✔✔Forwarders typically charge more for arranging a through intermodal bill of lading
with an ocean carrier because this takes additional time compared with separate
arrangements for each segment of transportation. - ✔✔False
✔✔When a straight B/L is issued with originals, and the consignee on the B/L cannot
provide an OB/L to the carrier for shipment delivery, the carrier will require written
approval from the shipper to release the cargo to the named consignee without
surrender of the OB/L. - ✔✔True
✔✔An ocean bill of lading marked "original" is a negotiable bill of lading. - ✔✔False
✔✔An electronic bill of lading requires all the parties who work with it to participate in
electronic exchange of specified messages via a secure network environment such as
an ocean carrier portal. - ✔✔True
✔✔Only the essential terms of a VOCC service contract must be filed with the FMC
before any cargo moves under the contract. - ✔✔False
✔✔Which of the following are correct regarding the requirement for a container packing
certificate (CPC)? - ✔✔1. Must be prepared by the person who packed or supervised
the packing of of dangerous goods into a shipper-packed container or other closed
conveyance.
2. CPC information and signed certification may be combined with the DG shipper's
declaration ("transport document") or may be on a separate form attached to the
carrier's transportation document.
, 3. Required for all DG loaded into a shipper-packed container or other closed
conveyance that will be subsequently be transported by vessel.
✔✔Dangerous goods regulations require a shipper to book in advance all dangerous
goods with the intended transportation carrier(s). - ✔✔False
✔✔Once a letter of credit has been issued, only the issuing bank may cancel or make
changes to it. - ✔✔False
✔✔If an L/C covering an export is payable in the currency of the export country, the
exporter bears the currency exchange risk. - ✔✔False
✔✔Which ocean B/L form of consignment provides the highest level of control through
bill of lading endorsement and surrender of original B/L for cargo delivery? -
✔✔Negotiable bill of lading
✔✔A forwarder's agency is limited and its responsibilities should be clearly defined with
the principal in advance, ideally through a formal letter of engagement. - ✔✔True
✔✔Although inland pre-carriage or on-carriage arranged by a VOCC under a through
bill of lading may be convenient, it is typically more expensive for a shipper or
consignee than their making these arrangements separately. - ✔✔False
✔✔The UCP establishes standards and procedures for L/C document review and
acceptance by the negotiating bank. - ✔✔True
✔✔In a routed export transaction, when the FPPI assumes responsibility in writing for
determining export requirements, the USPPI must, upon request of the FPPI, provide
ECCN(s) or sufficient technical information to determine classification. - ✔✔True
✔✔An exclusion deletes coverage of a particular type or commodity or shipping risk
from all or some of the coverage otherwise available under a cargo insurance policy. -
✔✔True
✔✔EEI is required for shipments from Puerto Rico to the U.S. - ✔✔True
✔✔A U.S. Destination Control Statement must state, as a minimum, "Diversion contrary
to U.S. law prohibited." - ✔✔False
✔✔The aircraft container dimensions and/or allowable aircraft pallet contour for the type
of aircraft to be used on available flights and the aircraft's dimensions determine the
maximum cargo package size that may be shipped by scheduled airline. - ✔✔True
