Incoterms exercises
Read this and answer the following questions. Create a Googledocument and share it with levanenjaana@gmail.com
1. According to the writer, what kind of person is at home in this field?
2. What advantages does the writer mention?
3. What does an import/export agent do? (How it works)
4. What products are mentioned in the story? (How it works)
5. Why a classy letterhead??
6. How do you make contacts? (The basics)
7. What information do you need to find out to get started? (Making contacts)
8. How does the value of the dollar affect the business? (Analyze the market)
9. With what kind of things can the bank help? (Where to find help)
10. What is the disadvantage with working with a wholesaler? (Making connections)
11. What selling qualities convince the manufacturer? (Getting the goods)
12. What does "mutually profitable" refer to in here? (Getting the goods)
13. What should be included in the contract? (Making an agreement)
14. What is a bill of lading? (Terms of shipping)
15. What does a freight forwarder do? (The freight forwarder)
16. What are the main catergories itemized in the quotation? (The freight forwarder)
17. In what way does a letter of credit eliminate financial risks? (The letter of credit)
18. What documents are mentioned in the chapter "Delivering the goods"?
19. Why import? What reasons does the writer give? (Importing)
20. Who pays the import agent's commission? (Importing)
21. What means of promotion does the writer give? (Promotion)
22. Why is it important to get in-depth information on products? (Expanding the business)
Watch and listen to this. What are the five tips he talks about?
Watch and listen to this, too. Make notes.
