Past Yesr Final Exam Question – Dec 2017

QUESTION 1
a) i. In the environment of export and import activities, there are TWO (2) types of
forces. Describe those forces. (5 marks)
ii. Identify FIVE (5) factors needed in export and import activities. (5 marks)

b) Identify the functions of export and import agency below: (15 marks)

i. Customs broker
ii. Export and import agent
iii. Freight forwarder
iv. Haulage company
v. Shipbroker

QUESTION 2
a) Explain the following trade documents: (10 marks)
i. Pro forma invoice
ii. Commercial invoice
iii. Health & Safety Certificate
iv. Country of Origin
v. Consignment Notes

b) Explain THREE (3) financial documents in export and import. (15 marks)

QUESTION 3
a) Explain the purpose and scope of INCOTERMS. (10 marks)

b) Determine the responsibilities of exporters and importers for C-terms, E-terms and F-terms.
(15 marks)

QUESTION 4
a) Explain the customs procedures in export and import. (10 marks)

b) Discuss the following government agencies in supporting export and import. (15 marks)
i. MATRADE
ii. EXIM BANK
iii. CHAMBER OF COMMERCE