standard trading conditions Archives - Free Sample Assignments

CIFFA Exam Sample Practice Questions and Answers – Understanding Freight Forwarding

CIFFA Exam Sample Practice Questions and Answers – Understanding Freight Forwarding Questions 1. What activities might CIFFA undertake to achieve its mission in each of its three foundation elements? 2. CIFFA has three categories of membership. Give an example of who/what type of company might belong to each category. In what category is your company? 3. FIATA is the acronym...

CIFFA Exam Sample Questions & Answers – Payments- 2

CIFFA Exam Sample Questions & Answers – Payment – 2 What are the main reasons why a letter of credit may be chosen as a form of International payment? Open account unsatisfactory, documentary collection unsatisfactory, foreign exchange issue in the importer’s country, political/economic instability, exporter’s request and fair/equal sharing of risk. Name some advantages of a letter of credit. The...

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CIFFA Exam Sample Practice Questions and Answers – Understanding Freight Forwarding

CIFFA Exam Sample Questions & Answers – Payments- 2