Sual: The character of an international commercial transaction is: (ki: 1) Movement of the subject of a transaction through the border

of the sellers country Making a payment in foreign currency] Having a transaction between the parties of different nationality Having a transaction between parties that have their enterprises in different countries

Sual: In accordance to international norms the written form of an international commercial transaction is: (ki: 1) A contract Written negotiations between the counter-agents An offer of an exporter and a reply of an importer An inquiry of a buyer and an offer of a seller

Sual: An offer of a seller addressed to a certain buyer containing a specified time period for an answer is called: (ki: 1) An offer An acceptance A firm offer A free offer

Sual: Selling in the foreign market the goods that were preliminarily bought in another market without re-processing is called: (ki: 1) An export A re-import A transaction for commission A re-export

Sual: A contract with the delivery time immediate should be executed: (ki: 1) Next day after signing the contract Within a week After an alert of the buyer on readiness to accept the goods

Within 14 days after signing the contract

Sual: Which reservations on quality are used in international commercial contracts: (ki: 1) Being in accordance to a standard Being in accordance to the description Being in accordance to the example All above is true

Sual: Commercial Terms of the contract define: (ki: 1) Procedures for transportation of goods Distribution of costs of transportation between the seller and the buyer Liability of parties for execution of the contract The moment of transfer of risks from seller to the buyer

Sual: What forms of price fixing are used in international sale contracts: (ki: 1) A firm price A moving price A sliding price All above are true

Sual: Disputes arising from international commercial contracts are normally settled at: (ki: 1) A local court of the sued party A specialized court A specialized arbitrary at the place of signing a contract An ad hoc arbitrary

Sual: Which of below can be considered as force majeure: (ki: 1) Occasions that bring to court settlement of disputes

Any governmental measures regulating international trade Occasions of extraordinary power that the parties might have not foreseen Occasions creating obstacles for execution of the contract

Sual: The notion a contract territory in intermediary agreement means: (ki: 1) A territory where an enterprise of the intermediary is located A territory where the intermediary sells the goods of the exporter A territory where the exporter sells his goods himself A territory where an exporter reserves the right of selling his goods to third parties

Sual: A reservation on exclusive rights in intermediary agreement means: (ki: 1) An exporter has exclusive rights to sell his goods An intermediary gets exclusive rights for selling the goods of the exporter An intermediary gets exclusive rights to choose the goods of the exporter An intermediary gets exclusive rights to sign a contract

Sual: In accordance to a consignation contract the goods of an exporter stay at until their sale to a final user (ki: 1) [yeni cavab] The warehouse of the exporter in the country of the exporter The warehouse of an intermediary in the country of import The warehouse of exporter in the country of import The warehouse of an intermediary in a third country

Sual: The goods of the exporter not sold by the consignee within the time period of consignation get: (ki: 1) Returned to the exporter Cleared and destroyed Can be used for any other goal

Either returned to the exporter or bought by the intermediary

Sual: An intermediary may sell the goods of the exporter: (ki: 1) On his own behalf and for his own account On his own behalf and for the exporters account On behalf of the exporter and for the exporters account All above are true

Sual: In international trade the cash payment presumes: (ki: 1) The buyer passes the cash money to the seller after signing the contract The buyer makes a payment from his credit card the moment when he gets the goods There shall not be a large difference between the delivery time of goods and the time of payment There shall be a large difference between the delivery time of goods and the time of payment

Sual: A distributor sells the goods of the exporter: (ki: 1) On behalf of the exporter and for his own account On his own behalf and for his own account On his own behalf and for the exporters account On behalf of the exporter and for the exporters account

Sual: A broker sells the goods of the exporter: (ki: 1) On behalf of the exporter and for his own account On his own behalf and for his own account On his own behalf and for the exporters account On behalf of the exporter and for the exporters account

Sual: A commissioner sells the goods of the exporter: (ki: 1) On behalf of the exporter and for his own account

On his own behalf and for his own account On his own behalf and for the exporters account On behalf of the exporter and for the exporters account

Sual: Transactions made in international commodity exchanges are: (ki: 1) For standard goods, industrial raw materials and agricultural goods For raw materials with individual characteristics For industrial raw materials For goods of low value

Sual: are not used for defining the contract prices in international commercial transactions (ki: 1) Quotations in Commodity Exchanges Calculated prices of Customs The prices of real transactions World market prices

Sual: A firm price is the price in international contracts that may: (ki: 1) Change in case of change in market prices Not change Change only as a result of force majeure Change only on the buyers wish

Sual: The procedure for settling disputes in international trade is: (ki: 1) Force- majeure Know-How Dumping Arbitrary

Sual: A contract of reciprocal purchase is: (ki: 1) A barter A counter purchase of goods from the buyer totaling the same value A contract of commission A consignation contract

Sual: A direct exchange of a defined volume of certain goods onto another without using the mechanism of financial settlements is: (ki: 1) A contract of reciprocal purchase Barter Buy back contract A contract for commission

Sual: A sale of equipment, technology and sometimes turn key factories in return of delivery of raw materials, semi-finished goods manufactured on the same equipment is called: (ki: 1) A barter A contract of reciprocal purchase A lease contract A compensational contract

Sual: A purchase in the foreign country and actual delivery to the home country of the goods that had been exported earlier but not been re-processed is called: (ki: 1) A Barter A re-import An import Exchange of goods

Sual: Cash transactions in Commodity Exchanges relate to: (ki: 1) Operations of real sale of goods In case if the payments for goods are done in cash money

Operations of Hedging Sale of goods that are in deficit

Sual: A contract where an intermediary sells on his own behalf goods delivered by the seller to the warehouse of the intermediary is called: (ki: 1) A compensation contract A contract for commission A consignation contract An agency contract

Sual: A contract where an intermediary buys on his own behalf and own his own account the goods with further re-sale on his own behalf and own his own account is called: (ki: 1) A simple intermediary contract A contract for commission A distributorship contract An agency contract

Sual: By their nature Hedging contracts are: (ki: 1) Futures contracts Cash transaction contracts Contracts with the delivery term immediately Forward contracts

Sual: A contract of Hedging is used for: (ki: 1) To make additional profit in futures market To insure the risks of loss in real goods market The sell the goods at higher prices To influence the Commodity exchange prices

Sual: The price fixed at the time of contract and that can be changed later in case if the market price of the goods for moment of their delivery changes is called: (ki: 1) A sliding price A price with further fixation An intermediary price A moving price

Sual: Forward contracts in Commodity exchanges are: (ki: 1) Contracts for sale of real goods with delivery term longer than two weeks Contracts for speculating on price change of commodities over time Spot contracts Contracts for raw materials

Sual: The price calculated during the execution of the contract by changing a contract price because of changes in costs of production that happened during the execution of the contract is called: (ki: 1) A price of a Commodity Exchange A price of a deal in hands A sliding price A bulletin price

Sual: Prices announced in special or company directories are called: (ki: 1) The prices of real deals Published prices Commodity Exchange quotations Offered prices of large companies

Sual: Sliding prices are used in the contracts for: (ki: 1) Food products Goods requiring long period for production, in particular large industrial equipment, vessels

Raw materials Light industry

Sual: The goods traded at auctions are: (ki: 1) Standard industrial goods The goods of homogeneous nature The goods with individual characteristics Expensive goods for personal use

Sual: An acceptance in international trade of goods is: (ki: 1) A written agreement of the buyer to the offer of the seller Receiving the goods to the warehouse of the buyer Accepting the payment terms of the contract by both parties Agreement by both parties to accept the court decision regarding the dispute

Sual: Penalties in international trade contracts are for: (ki: 1) Increasing the liability of parties for execution of their obligations Failing to execute the contract obligations For failing the delivery times For failing to make the payments in a timely manner

Sual: Types of auctions are: (ki: 1) Ascending price auctions Descending price auctions Sealed first price auctions All above are true

Sual: Which of the below is not a deal that may be signed at the exhibition (ki: 1)

Sale of exhibits Deals based on exhibited samples Deals based of exhibited drawings Deals based on standard quality

Sual: Licenses for using a technology can be: (ki: 1) Exclusive Exclusive and non-exclusive Exclusive, non-exclusive and full Exclusive and full

Sual: A totality of services of commercial nature aiming at preparing and starting a production process, sale of produced goods as well as services of intellectual nature aimed at optimization of investment projects are called: (ki: 1) Know-How Engineering Consulting Monitoring

Sual: An agreement of the seller on usage by another party (the buyer) of the invention of technological knowledge, technology, manufacturing experience, secrets of production, trade marks necessary for production of commercial goods as well as other products within the defined time period for remuneration is called: (ki: 1) A patent A license An authors certificate Leasing

Sual: Non-patented scientific and technical knowledge as well as manufacturing experience is called: (ki: 1) A patent A license

An authors certificate Know-How

Sual: Royalty is a: (ki: 1) Type of customs duty for technological products Fixed (in percentages) payments of a licensee to a patent owner Payments to government for holding a patent Payments of a patent owner company to scientists

Sual: There is a notion of invisible goods in international exchange of goods. It is: (ki: 1) Know-how and technologies Tansport services Tourist services Financial services

Sual: Free trade zone is: (ki: 1) A territory where all goods are services freely traded A territory without taxation A part of the territory of a country that is outside of customs territory of that country A territory juridically not belonging to any country and therefore open for free exchange of goods and services.

Sual: Indicate the services that are the part of consulting services in international commercial transactions (ki: 1) Assisting in organizing the management of the company Creation a company image Services related to ensuring normal execution of manufacturing process and sales of goods Services related to manufacturing of necessary equipment

Sual: Patent is: (ki: 1)

A certificate giving an exclusive right of using a certain technology A contract between the owner and the user of the technology A periodical payment for using a technology A diploma showing the name of the inventor of a technology

Sual: World Prices are: (ki: 1) All types of prices that occur in international trade Prices that the World society defines in consultation with each other using the system of related organizations and bodies Prices of largest import-export deals made in world commodity markets in main centers of international trade Mathematically calculated average prices of international trade

Sual: Indicate one of the main features characterizing world prices in international trade (ki: 1) They get defined in a collective currency They are average prices in international trade They are the prices of goods produced by leading manufactures that retain a large share in world trade of those goods. They can be used as a type of an indicator for analyzing world economy

Sual: Mixed price is: (ki: 1) A price that occurs as a result of diversification policy of structure of the export A price of a contract in which a part of the price is fixed and another part is sliding A price of compensational deals Statistical prices

Sual: Indicate the main defect of Commodity Exchange prices (ki: 1) Commodity Exchange prices are the prices of deals that happen namely at this moment They characterize a general tendency of prices in international trade Commodity Exchange prices do not reflect such elements of international trade as delivery and payment

conditions They frequently change under the influence of speculative factors

Sual: Which of the prices below is not a contract price (ki: 1) Sliding prices Mixed prices Firm fixed prices Bulletin prices

Sual: Indicate the case when it is reasonable for both parties to sign a contract with firm fixed price (ki: 1) Short time period of the contract Long time period of the contract It is expected to price for goods in the contract to rise The price for competing commodity may change

Sual: Indicate an incoterm where the seller has got the least responsibilities (ki: 1) CIF FOB ExW DEQ

Sual: A new composition, device, or process novel and not obvious to those who are skilled in the same field that extend the boundaries of human knowledge or experience is called (ki: 1) Invention Utility Model Industrial design Know-How

Sual: A distinctive sign or indicator used by an individual, business organization, or other legal entity to identify and to distinguish its products or services from those of other entities is called: (ki: 1)

A industrial design A trademark Know how A utility model

Sual: A new embodiment of an idea that provides for solving a technical problem in practice (ki: 1) Invention A utility model Know how Industrial design

Sual: The seller will bear maximum responsibility if this incoterm is used in the contract (ki: 1) FOB DDP CIF DDU

Sual: Territoriality principle in a Patent system presumes that: (ki: 1) The technology is protected all over the world The technology is protected in the territories of countries where the patent is registered The technology can be protected only on the territory where it was invented Two competing technologies can not be patented on the same territory

Sual: Patentability of an invention presumes the following: (ki: 1) Technical problem solving Novelty Practical Usage

All above are true

Sual: Incoterm DEQ presumes that a sea carriage is done: (ki: 1) On the risk and on the account of seller On the risk of the seller but on the account of the buyer On the risk of the buyer but on the account of the seller On the risk and on the account of the buyer

Sual: Incoterm FCA presumes the delivery of goods: (ki: 1) At the port of destination To the first carrier at the defined point To the expeditor at the defined point To the vessel operator

Sual: Incoterm CFR presumes that the sea carriage is done: (ki: 1) On the risk and on the account of seller On the risk of the seller but on the account of the buyer On the risk of the buyer but on the account of the seller On the risk and on the account of the buyer

Sual: Incoterm CPT presumes that an obligation of the seller on delivery of goods are fulfilled when: (ki: 1) The goods pass the rail of the vessel at the port of loading The goods pass the rail of the vessel at the port unloading The goods are passed to the first carrier The goods are unloaded from the means of transportation at the named point of destination

Sual: Incoterm FAS presumes that the sea carriage is done: (ki: 1) On the risk and on the account of seller

On the risk of the seller but on the account of the buyer On the risk of the buyer but on the account of the seller On the risk and on the account of the buyer

Sual: Incoterm CIP presumes that an obligation of the seller on delivery of goods are fulfilled when: (ki: 1) The goods are passed to the first carrier The goods arrive to the named point of destination, indicated in the contract The goods are passed to the expeditor company at the point of departure The are passed to the port of destination

Sual: Incoterm DDP may be used in: (ki: 1) Mixed transportation Any type of transportation Auto transport Any transport except sea transportation

Sual: When incoterm FCA is used and named point of delivery is an airport then obligations of the seller end when: (ki: 1) The goods are passed to an air carrier at the airport of departure The goods are loaded onto an air vessel The goods are received by the buyer at the airport of destination The seller delivers goods at the buyers disposal

Sual: ....... is a document certifying that the goods are loaded on the board of a vessel (ki: 1) Naviagor officers receipt Consignment note General Act Notification Act

Sual: ...... is a document certifying that goods are delivered to the port (ki: 1) Consignment note Dock receipt Notification Act General Act

Sual: The payment guarantees issued by the intermediary company to the exporter for the final buyer is called: (ki: 1) Bank guarantee Del Credere Broker Deposit Factoring service

Sual: Ad valorem customs tariff is: (ki: 1) a customs duty imposed over customs value of goods in percentages a customs duty imposed as a fixed amount to be paid as a duty for certain goods a customs duty imposed over a unit of goods being imported a special customs duty derived from international agreements

Sual: Dumping is a: (ki: 1) Financial instrument used in international trade Sale of goods lower than their normal price Lowest level of price to sell goods at commodity exchange Destruction of excess production with the aim to hold the prices high

Sual: Charter dispatch means: (ki: 1) A penalty that the carrier pays to the charterer A penalty that the charterer pays to a port A premium that the vessel owner pays to the charterer

A penalty that a vessel owner pays to the charterer

Sual: Charter demurrage means: (ki: 1) A penalty that charterer pays to the vessel owner A penalty that a vessel owner pays to the charterer A premium that the charterer pays to a carrier A premium that a carrier pays to the charterer

Sual: Free offer is an offer: (ki: 1) That can be taken by anybody that hears about it That shows the final price of deal That is not binding in case of acceptance That is based on World prices

Sual: Defining the quality of goods being sold in a contract as telle quelle means: (ki: 1) The goods are sold as they are, no matter what the quality would be The goods are sold based on fair average quality The goods are sold based on existing quality standard The goods are sold based on a sample

Sual: Insurance premium is: (ki: 1) An amount paid to the insured by the insurance company in case if there were no accidents An amount paid by the insurance company to the insurance broker An amount paid by the insured to the insurance company to buy an insurance An amount paid by the insured to a lawyer for services in the court

Sual: Insurance limit is: (ki: 1) A maximum amount of money that one is allowed to insure the goods

A maximum amount of money that one will pay to an insurance company for an insurance cover A maximum amount that insured may get in case of an accident A maximum number of accidents that an insured may have during an insurance period

Sual: Franchising contract in fact means: (ki: 1) Starting a subsidiary company in a foreign country Sale or purchase of a proven business model Own risk in an insurance contract Sale of a Patent

Sual: Own risk in insurance contract means: (ki: 1) Accidents for which an insurance company will not pay The property or goods that an insured leaves without an insurance cover An amount of money that insurance company will deduct from any insurance payment to the insured A totality of force majeure conditions in an insurance contract

Sual: Which of below services do not presume license payments (ki: 1) Usage of the Trade Mark Telephone and post services Retailing movies Usage of a technology

Sual: Indicate the main reason of fast development of international technology transfer: (ki: 1) Shorter life cycle of new products Decrease of competition in world market High capital intensity and complexity of modern technological researches Increase of customs levies between the developed countries

Sual: Insurance policy is: (ki: 1) A strategy that insurance company carries out as a part of its marketing activity A contract between the insurer and the insured which determines the claims which the insurer is legally required to pay. A strategy that a company carries out in the field of covering its risks An insurance law

Sual: Which of below is not an obligation for a franchiser: (ki: 1) Not to conclude franchising agreements with third parties carrying out the same type of activity on the same territory To carry out the same type of activity as the franchisee on the franchisees territory To pass all the necessary information supporting the competitiveness of the business structure and its further development To provide marketing and consulting services

Sual: Which of below is not a type of the Letter of Credit (ki: 1) Revocable letter of credit Multy-currency letter of credit Transferrable letter of credit Irrevocable letter of credit

Sual: Indicate the name of international services that relate to organization of manufacturing, installing technologies and management of enterprises: (ki: 1) Leasing Engineering Rent Marketing

Sual: In international practice cash payments are done by the: (ki: 1) Cash money Checks

Bills of exchange Bank transfers

Sual: Sliding limit of a price in international contracts of sale of goods means: (ki: 1) A maximum price change limit in case of change of cost of production A maximum price flexibility limit in case of change of market prices An average statistical market price deviation during a certain period of time A maximum change in a price per unit in case of change in quality of delivered goods

Sual: Indicate the main information that is not shown in the contract preamble: (ki: 1) The full juridical names of parties to the contract Which of the parties is the seller and the buyer Date and place of the contract An Incoterm of the contract

Sual: International sale of technology licenses in fact means: (ki: 1) Transferring the title for technology from seller to the buyer Coordination of an activity in the field of technological research Rent of technology for a certain period of time Barter of technologies

Sual: Patent pool is: (ki: 1) A combination of patents that is necessary for productions of certain equipment Uniting together licenses of patents by several companies to order to cut outside competition Permanent market for patents and licenses acting in a form of a commodity exchange Yearly meeting of Worlds major patent holders

Sual: Factoring companies are: (ki: 1)

International trade intermediaries that along with services of sale provide financial services to the exporter International organizations that deal with gathering, generalizing and publishing facts related to international trade International traders that trade only one product Speculators in commodity exchanges that play both in futures and forwards markets

Sual: Types International Tenders are: (ki: 1) Open tenders Closed tenders Solo tenders All above are true

Sual: Consular Invoice is: (ki: 1) An invoice issued by a Consul for his/her visa services An invoice in international trade of goods that has been preliminarily confirmed by the Consul of the importers country in the country of an exporter An invoice for goods sold to diplomatic missions An invoice prepared in presence of a consul and certified by a notary

Sual: Which of below Commodity Exchange transactions get immediately registered by the clearing desk (ki: 1) Deals with delivery terms immediately Actual transactions Forward transactions All future transactions