1. International Who’s your daddy?

2. Question 1 Currency options in which a firm agrees to sell a particular currency at a particular price on a given date are called… a) Strike price b) Put options c) Call options d) Floating currency

3. Question 1 Currency options in which a firm agrees to sell a particular currency at a particular price on a given date are called… b) Put options

4. Question 2 In a Cash in Advance transaction, the exporter conducts international business in a manner similar to the way it conducts business domestically. True False

5. Question 2 In a Cash in Advance transaction, the exporter conducts international business in a manner similar to the way it conducts business domestically. False (the above is an open account transaction)

6. Question 3 A program instituted by the U.S. Customs and Border Protection Agency, through which customs agents are sent to the port of departure to inspect containers bound for the United States is called….. a) Customs Export Initiative b) Foreign Port Program c) Custom Trade Partnership d) Container Security Initiative

7. Question 3 A program instituted by the U.S. Customs and Border Protection Agency, through which customs agents are sent to the port of departure to inspect containers bound for the United States is called….. d) Container Security Initiative

8. Question 4 A (an) __________ is an aircraft entirely dedicated to the transport of cargo. a) Airfreighter b) Charter airplane c) Airline

9. Question 4 A (an) __________ is an aircraft entirely dedicated to the transport of cargo. a) Airfreighter

10. Question 5 There are two reasons to properly mark cargo as it is shipped. Which one of the following is not one of those reasons? a) Protection from poor handling b) Protection from theft c) Protection from getting lost

11. Question 5 There are two reasons to properly mark cargo as it is shipped. Which one of the following is not one of those reasons? c) Protection from getting lost