top of page
LAF Training
Customs Docs Midterm Quizz
First Name
Last Name
Email
Which organisation reviews and issues INCOTERMS every 10 years?
World Trade Organisation
Organisation of American States
International Chamber of Commerce
CARICOM
Who hires the Customs Broker in the Importing country under a DDP contract
The Supplier
The Importer
The Cargo Agent
No Broker is needed
When was the last time the INCOTERMS were reviewed?
2020
2015
2010
2017
Under which contract does the Buyer organise pickup of the goods from the Supplier's premises?
CIF
FOB
EXW
FAS
Which charge you would NOT expect to see on the Invoice for goods shipped FAS?
Inland Freight
Ship Loading
Insurance
Shrink Wrapping
INCOTERMS indicate the responsibilities of the...?
Cargo Agent and Port Authority
Supplier and Cargo Agent
Buyer and Customs
Supplier and Buyer
The value for calculating import duties and taxes stated in the Valuation Agreement is?
The CIF
The Transaction Value
The Computed Value
The FOB and Freight
Which is likely NOT included in a CIF Value?
The Insured Value of the Goods
The Shipping Freight
The Insurance Premium
The Cost of the Goods
Which document is widely used to pay in advance of shipping goods?
The Bill of Lading
The Insurance Policy
The Proforma Invoice
The Packing List
You are unpacking a Container of cargo. Which docs would you have at hand?
Bill of Lading,Invoice, Packing List and Entry
The Bill of Lading, Invoice, Certificate of Origin and Insurance Policy
The Bill of Lading, Customs Entry, Delivery Orders and Proforma Invoice
Invoice, Certfificate of Origin, Proforma Invoice and Insurance Cover Note
What is the list of Cargo or Passengers supplied by a Ship?
Packing List
Tally Sheet
Load Count
Manifest
In which year did Barbados officially join the WTO?
2005
1964
2021
1995
Who Certifies Cerificates of Origin for goods going to France?
BIDC (Export Barbados)
Port Inc
Customs and Excise
CARICOM Secretariat
What is the MFN rate when refering to duties ad taxes?
Duties charged to CARICOM members
Duties charged on goods from WTO members
Import Duty, Excise Tax and VAT
Duty Free arrangement with Costa Rica
Where is the WTO located?
New York
Washington
Geneva
Brussels
Under which contracts would Freight usually be Collect?
CIF and CFR
FOB and FAS
CPT and CFR
DDP and CIF
CARICOM and Dominican Replublic are known as?
European Union
The Federation
Organisation of Eastern Caribbean States
CARIFORUM
Who pays the Duty in a DDP contract?
The Importer
The Cargo Agent
The Supplier
The Trucker
Bill of Ladings are supplied by?
The Cargo or Ship's Agent
Customs and Excise
The Port Authority
The Stevedors
Whats is Tare weight of a 20ft Container full of Corned Beef?
The Weight of the entire packed container
The Weight of only the Corn Beed
The Weight of the Corn Beef and its packaging
The Weight of the Empty Container before its packed
What does the acronym GATT mean?
General Agreement on Tariffs and Trade
General Agreement on Trading Territories
Grants Applied to Trade Tariffs
Guarantees Agreed To Trade
Click when you are ready to Submit
Submit Answers (Takes you back to CDP page)
bottom of page
