Teaching Business Studies International Trade Question Bank MCQ - Trade

  • question_answer
    Arrange the following steps of import procedure in chronological order.
    I. Trade enquiry.
    II. Obtaining import license and quota.
    III. Obtaining foreign exchange.
    IV. Placing an order.
    Codes

    A)                                  IV, III, II, I                               

    B)  II, I, IV, III

    C)                     III, I, IV, II                               

    D)  I, II, III, IV

    Correct Answer: D


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