
EIB - Chapter 2
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Business
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best defines “Export Promotion”?
The set of marketing activities organized to support export expansion
A policy to reduce import tariffs
The procedure for assigning HS codes to export products
An international payment method
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following describes a direct export channel?
Exporting through an overseas agent or overseas distributor
Exporting via a domestic trading company
Exporting through commission agents on behalf of foreign buyers
Exporting through a joint venture with a foreign partner
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the Harmonized Commodity Description and Coding System (HS) established by the WCO, how many digits does an HS code contain at the most detailed level under the international standard?
4 digits
6 digits
8 digits
10 digits
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a primary research method in international market research?
Trade data published on Trade Map
Focus-group interviews with potential buyers
WTO industry reports
Import statistics from UN Comtrade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the first screening (basic need) in market assessment?
To verify that the product has the correct HS code
To assess basic demand based on environmental conditions and import data
To examine the level of competition in the target market
To analyze legal policies and tariff barriers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the key difference between pull and push strategies in export promotion?
Pull targets distributors, push targets end consumers
Pull drives direct consumer demand, push offers incentives to intermediaries
Pull relies on discounts, push relies on TV advertising
Pull is only for high-tech products, push is only for FMCG
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes a “tariff rate quota” (TRQ) from an “absolute quota”?
A TRQ allows a preferential tariff within the quota, while an absolute quota limits the quantity imported
A TRQ bans all imports beyond the quota, while an absolute quota offers a preferential tariff
A TRQ is a quantity quota, while an absolute quota is a tariff quota
A TRQ applies to exports, and an absolute quota applies to imports
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