Which of the Following Is Not a Source of Income

question 62

Multiple Choice

Which of the following is not a source of income for international freight forwarders?

• A)payment for freight pickup and delivery
• B)buying space wholesale and selling it retail
• C)commissions on shipping revenues generated for carriers
• D)fees for document preparation and performing research

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Definitions:

Foreign Currency

Money or other forms of financial assets denominated in the currency of a country that is not the domestic country of the holder.

National Saving

The total amount of savings in a country, which is comprised of both private savings by households and the savings of the government, representing the difference between a nation’s income and consumption.

Open Economy

An economy that allows for trading and financial transactions with other countries.

Investment

Refers to the purchase of goods that are not consumed today but are used in the future to create wealth, such as purchasing machinery for a factory.