Form 4 Business Studies questions and answers on international trade
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Explanation/Answer Text:
-He uses it to counter check the goods on arrival
-He can use it to get money for clearing once the goods have come.
-He can use it as a proof of business transaction
-He can use the bill to claim compensation in case all the goods indicated do not reach him.
Questions/Lessons List
2. Give four reasons why it may be necessary for a country to control imports ( free lesson)
4. State for methods of controlling imports ( free lesson)
5. State measures that Kenya may take to promote her exports ( free lesson)
8. Highlight four problems a country may have by participating in international trade. ( free lesson)
9. Outline four circumstances under which a proforma invoice may be used. ( free lesson)
16. Explain the factors that may lead to deteriorating terms of trade in a country. ( free lesson)
17. Highlight five benefits that Kenya gets from tading with other countries. ( free lesson)
19. Highlight five ways in which the bill of lading is useful to an importer of goods. ( free lesson)
21. Explain how the IMF is beneficial to developing economies ( free lesson)
