The Second Pillar of the Export Transaction Is the Logistics

question 18

Multiple Choice

The second pillar of the export transaction is the logistics of the export transaction. Included in this transaction are all of the following EXCEPT:

• A) a bill of lading.
• B) the terms of sale.
• C) the payment.
• D) a dispute mechanism.
• E) monitoring of the shipment and delivery of the goods.

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Definitions:

Dependency Theory

An economic theory suggesting that developing nations are dependent on developed nations and this dependency inhibits their growth and development.

Conflict Theory

A sociological perspective that views social life as a competition, and focuses on the distribution of resources, power, and inequality as causes of conflict and social change.

Functionalism

A theoretical framework in sociology that emphasizes the interdependence of the parts of a society and their role in maintaining societal stability.

Absolute Poverty

A condition characterized by the severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information.