Teaching Business Studies International Trade Question Bank MCQ - Trade

  • question_answer
    Match the following
    List I List II
    A. Foreign trade       1. It is in undertaking by its issue that the bills of exchange drawn by the foreign dealer on the importer will be honoured on presentation upon a specified amount.
    B. Bill of lading   2. It is a document of title to the goods.
    C. Quotation   3. Trade between two or more nations.
    D. Letter of credit 4. It is reply by the seller to the prospective buyer.
    Codes

    A)                                  A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3  

    B)                     A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1

    C)                     A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1

    D)                     A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1

    Correct Answer: B


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