Import - Export Chapter 1

Which of the following is NOT a characteristic of globalization

• Cultural homogenization

• Economic interconnectedness

• Increased mobility of goods and people

• Technological advancements

Which factor has significantly reduced communication barriers and facilitated instant global connectivity?

• Trade liberalization

• Multinational corporations

• Global supply chains

• Advancements in communication technology

What role do international organizations and institutions play in globalization?

• They provide frameworks and regulations for international cooperation.

• They facilitate cross-cultural interactions

• They establish subsidiaries and production facilities in different countries.

  
  

• They optimize efficiency and reduce costs in global supply chains

Which factor has contributed to the increased movement of people across borders in search of better opportunities?

• International trade agreements

• Migration and human capital mobility

• Advancements in communication technology

  
  

• Globalization of financial markets

Which of the following industries has been a key driver of employment and industrialization in the context of globalization?

• Tourism

• Manufacturing

• Agriculture

  
  

• Healthcare

Which factor has contributed to improved living standards by providing consumers with more choices and affordable products?

• The merging of national economies and the integration of their economic systems

• Merging several markets into one huge market

• Sourcing goods and services from other countries

  
  

• Lowering of trade and investment barriers

  
  

"Purchasing goods from one country or territory to sell the goods to another country or territory outside the territory of Vietnam" is called: 

• Import

• Border-gate transfer of goods

• Export
  

• On-spot export

"Bring goods into Vietnam from foreign countries (or special zones), and export the same goods out of Vietnam for a certain time" is called...

• Temporary Import for Re-Export

• Temporary Export for Re-Import

• Export
  

• On-spot export

Companies need to do customs clearance/report for border-gate transfer of goods.

• True

• Fales

• Depends on the contract between seller and buyer
  

• Depends on the goods

Export processing zones/enterprises are examples of 

• Trade zone area

• Duty free area

• Custom-controlled area

• None of the above