CGBP Chapters 3,14,15,16 well
answered passed
What is a growing concern about the use of EXW as an Incoterm? - correct answer ✔✔That the
exporter is technically not responsible to clear the goods for export, yet it may still have legal
obligations related to export documents.
Breakbulk cargo is? - correct answer ✔✔Cargo too large, or not suitable for a container.
Which of the following Incoterms would be the most appropriate for a ro-ro, ocean freight
shipment in which the exporter does not wish to have responsibility for the main carriage? -
correct answer ✔✔FAS
What is CTPAT? - correct answer ✔✔A voluntary program to ensure safer supply chain for
companies that import and export, which results in a lower risk score, and therefore lower
inspections at the border.
A company in Beijing, China purchases machines from a manufacture in Chicago, IL. The terms
of sale are that any repair parts while a machine is under warranty, are to be replaced by the
Chicago company at no cost. The Chicago company pays all freight, insurance, and taxes
associated with shipping the parts to China. For such as part shipments, which Incoterm would
be appropriate? - correct answer ✔✔DDP Beijing, China
Which of the following Incoterms has the main carriage as the responsibility of the importer? -
correct answer ✔✔FCA
In what circumstances would the Incoterm FOB be used instead of FCA? - correct answer ✔✔If
the shipment was ro-ro freight instead of container.
, In an international shipment, what is the role of a freight forwarder? - correct answer ✔✔To
handle the primary logistics including the freight and insurance for a shipment.
The practice of moving freight between rail, train, truck, etc. is? - correct answer
✔✔Intermodalism
What is CSI? - correct answer ✔✔A program designed to make ocean containers safer, and less
likely to have dangerous goods placed in them.
What is the disadvantage of using EXW? - correct answer ✔✔It puts the responsibility to
comply with US export documentation and regulation with the foreign buyer.
Which of the following would place the most amount of responsibilities on the importer? -
correct answer ✔✔EXW
If a shipper in Quincy, IL is to make a shipment destined for Paris France available at O'Hare
Airport, Chicago, IL, with the buyer paying all costs from O'Hare, which Incoterm is most
appropriate? - correct answer ✔✔FCA O'Hare Chicago, IL
Which of the following Incoterms are to be used for noncontainerized freight? - correct answer
✔✔FAS, FOB, CFR, CIF
Which entity publishes the Incoterms? - correct answer ✔✔International Chamber of
Commerce
If an exporter in Quincy, IL is to make an ocean container destined for Hong Kong available at a
Quincy warehouse and the exporter clears the goods for export, which Incoterm is most
appropriate? - correct answer ✔✔FCA Quincy, IL
answered passed
What is a growing concern about the use of EXW as an Incoterm? - correct answer ✔✔That the
exporter is technically not responsible to clear the goods for export, yet it may still have legal
obligations related to export documents.
Breakbulk cargo is? - correct answer ✔✔Cargo too large, or not suitable for a container.
Which of the following Incoterms would be the most appropriate for a ro-ro, ocean freight
shipment in which the exporter does not wish to have responsibility for the main carriage? -
correct answer ✔✔FAS
What is CTPAT? - correct answer ✔✔A voluntary program to ensure safer supply chain for
companies that import and export, which results in a lower risk score, and therefore lower
inspections at the border.
A company in Beijing, China purchases machines from a manufacture in Chicago, IL. The terms
of sale are that any repair parts while a machine is under warranty, are to be replaced by the
Chicago company at no cost. The Chicago company pays all freight, insurance, and taxes
associated with shipping the parts to China. For such as part shipments, which Incoterm would
be appropriate? - correct answer ✔✔DDP Beijing, China
Which of the following Incoterms has the main carriage as the responsibility of the importer? -
correct answer ✔✔FCA
In what circumstances would the Incoterm FOB be used instead of FCA? - correct answer ✔✔If
the shipment was ro-ro freight instead of container.
, In an international shipment, what is the role of a freight forwarder? - correct answer ✔✔To
handle the primary logistics including the freight and insurance for a shipment.
The practice of moving freight between rail, train, truck, etc. is? - correct answer
✔✔Intermodalism
What is CSI? - correct answer ✔✔A program designed to make ocean containers safer, and less
likely to have dangerous goods placed in them.
What is the disadvantage of using EXW? - correct answer ✔✔It puts the responsibility to
comply with US export documentation and regulation with the foreign buyer.
Which of the following would place the most amount of responsibilities on the importer? -
correct answer ✔✔EXW
If a shipper in Quincy, IL is to make a shipment destined for Paris France available at O'Hare
Airport, Chicago, IL, with the buyer paying all costs from O'Hare, which Incoterm is most
appropriate? - correct answer ✔✔FCA O'Hare Chicago, IL
Which of the following Incoterms are to be used for noncontainerized freight? - correct answer
✔✔FAS, FOB, CFR, CIF
Which entity publishes the Incoterms? - correct answer ✔✔International Chamber of
Commerce
If an exporter in Quincy, IL is to make an ocean container destined for Hong Kong available at a
Quincy warehouse and the exporter clears the goods for export, which Incoterm is most
appropriate? - correct answer ✔✔FCA Quincy, IL
