Question 1
Question
What type of cargo can the tanker ship carry most often?
Question 2
Question
For the Roll-on-Roll-off classification, which one transports cars and containers (PCC/PCTC or ConRO)?
Question 3
Question
What kind of speciality vessel is used to maneuvers vessels by pushing or towing them?
Answer
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Tugs
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Pilots
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Towlers
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Tenders
Question 4
Question
Since when Shanghai port has surpassed Singapores port?
Question 5
Question
Mention 3 of the 10 principal countries to which China exports to?
Answer
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USA, Hong Kong, Japan, South Korea, Vietman, Germany, India, Netherlands, UK, Singapore
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Africa
Question 6
Question
Which are the main products that Shanghai exports?
Question 7
Question
International trade growth was triggered by:
Answer
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World war II
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Because economies of countries benefit by trading
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Eastern European countries promoted it
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Developed economies imposed it
Question 8
Question
Bretton Woods 1944 conference created institutions to promote trade. Those institutions were
Answer
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WTO & IMF
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GATT & IMF
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WTO & WB
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GATT & WB
Question 9
Question
The treaty of Rome was signed by what countries:
Answer
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Portugal, Spain, France, Germany, Italy, Netherlands
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Spain, France, Germany, Italy, Netherlands, Belgium
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France, Germany, Italy, Netherlands, Belgium, Luxemburg
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Luxemburg, Portugal, Germany, Italy, Belgium, Netherlands
Question 10
Question
Author of International Trade Theory that states the comparative advantage of a nation
Answer
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Heckscher Ohlin
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David Ricardo
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Adam Smith
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Michael Porter
Question 11
Question
Michael Porters diamond of competitive advantage include the following elements: firm strategy, structure and rivalry, demand conditions, related and supporting industries. What other element is missing?
Answer
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Absolute advantage
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Comparative advantage
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Factor endowments
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None of the above
Question 12
Question
One of the historical developments of international logistics is the move towards speed.
Answer
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This was generated because of Malcolm Mclean idea of containers
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This was generated because seaports and stevedores & dockworkers
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This was generated because the reduction of inventories
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This was generated because the integration of logistics to SCM
Question 13
Question
Among the greatest challenges that companies involved in trade face is Sustainability. It is achieved by:
Answer
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Increasing customer demand
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Packaging design, transportation choices & supplier selection
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Product recalls & tight shipping schedules
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Need for flexibility and fuel cost increase
Question 14
Answer
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All logistics management activities
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Coordination & collaboration with channel partners & suppliers
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Supply & demand management
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All of the above
Question 15
Question
Contribution of Logistics to the GDP of a nation
Answer
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Has remain constant through the years
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It has been increasing through the years
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It has been decreasing through the years
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None of the above
Question 16
Question
The utilities infrastructure include
Answer
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Electricity, Seaport, and berths
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Water & sewer, railroads and telecomm.
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Energy pipelines, mail services and warehousing
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Electricity, Energy pipelines, Water & sewer
Question 17
Question
By Bridge clearance we unterstand
Question 18
Question
Bosphorus strait
Answer
-
Seaport in Turkey
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Waterway that connects Russia with Europe
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Connects the Lonian sea and the Aegen sea
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Connects the Great Lakes with the Lawrence River
Question 19
Answer
-
It used to be maximum dimension of a ship that could cross the Suez Canal
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It used to be maximum dimension of a ship that could cross the Panama Canal
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It used to be maximum dimension of a ship that could cross the Bosporus strait
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It used to be maximum dimension of a ship that could cross the Lawrence river
Question 20
Question
The world busiest cargo airport is:
Answer
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Shanghai airport
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Frankfurt airport
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Memphis airport
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Beijing airport
Question 21
Question
Technology drivers
Answer
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Incentive to spread fixed costs over a large number of units
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Incentive that drives companies to expand overseas to respond to their competitors more
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Incentive to expand overseas because consumers wanted to find their products everywhere
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Incentive to be present in Internet to entice consumers everywhere to purchase their products
Question 22
Question
In Stage 3 of the International Product Life Cycle theory the entity that plays the most important role is
Answer
-
Innovation country
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Other advanced countries
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Developing countries
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All of the above
Question 23
Question
International logistics has evolved over time, passing through 4 phases. According to the authors of the text book what is considered to be the second phase of this evolution
Question 24
Question
The main contribution of the usage of containers in the transortation process
Answer
-
Decreased the problems of transporting goods
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Increased the speed with which the goods where transported between ports
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Decreased the investment necessary to transport goods
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Increased the personnel demanded to upload and download ships
Question 25
Question
Among the great challenges that companies involved in trade face are
Answer
-
Visibility
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Risk management
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Sustainability
-
All of the above
Question 26
Question
It is generally accepted that
Answer
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Logistics management encompasses activities that are distinct and separate from the activities included in supply chain management
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Logistics management encompasses activities that are broader than those of supply chain management
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Supply chain management encompasses activities that are broader than those of logistics management
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Some of the activities of logistics management and some of the activities of supply chain management are similar, but both include distinct and separate activities
Question 27
Question
Among the great challenges that companies involved in trade face are
Question 28
Question
Process of planning, implementing and controlling the efficient cost effective flow of raw material, in process inventory and finished goods from point of consumption to point of origin is the definition of
Question 29
Question
Of the following the best definition of a logistics infrastructure would be that it consists of
Answer
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All of the elements in place to facilitat transportation, communication and business exchanges
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A countries electrical supply and road network
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The amount of computerization a country has
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A developed banking system
Question 30
Question
The perspective of the relation between logistics and supply chain that states that logistics existed before the concept of Supply chain was introduced is
Answer
-
Inclusionist
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Evolutionist
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Intersectinist
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None of the above
Question 31
Question
Avoid ships traveling around Africa when they travel from Persian Gulf to Europe
Answer
-
Panama Canal
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Bosporus Strait
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Saint Lawrence Seaway
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Suez Canal
Question 32
Question
The country that has majority of most important seaports in the world is
Answer
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Germany
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US
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China
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South Korea
Question 33
Question
Fluids as natural gas and oil can be transported faster and cheaper by
Answer
-
Train
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Pipelines
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Trucks
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Airplanes
Question 34
Question
Twenty feet equivalent units is a measure related to
Answer
-
Size of containers
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Draft of a ship
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Space under a bridge
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None of the above
Question 35
Question
The most important cargo seaports considered collectively in the world, based on the TEU's they handle are
Answer
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German seaports
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Singapore seaports
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US seaports
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Chinese Seaports
Question 36
Question
Factors that affect order processing time are
Answer
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Processing priorities
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Order-filling accuracy
-
Shipment consolidation
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All of the above
Question 37
Question
For a contract to be considered as valid
Answer
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Is because it has been rejected several times
-
Many counteroffers have been presented
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It has been accepted by both parties
-
The original offer always has to come from the buyer
Question 38
Question
The first step in all contract formation is the
Answer
-
Offer
-
COunteroffer
-
Rejection
-
None of the above
Question 39
Question
Among the elements of an agency or distributor contract we find
Question 40
Question
If you had to ship fluids e.g. petrol or gas, which is not an option?
Answer
-
Ships
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Trains
-
Pipelines
-
Planes
Question 41
Question
The most important container seaport in the world is
Answer
-
Rotterdam
-
Jebel
-
Shanghai
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Singapore
Question 42
Question
Which one of the following statements is NOT a responsibility of international logistics managers
Answer
-
Minimizing the risks with international payments
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Storing goods while there are not in transit
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Understanding risks products face while in transit
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Assuring that goods clear customs
Question 43
Question
The treaty of Rome signed in 1957 lead to the essential creation of the European Union. Four of the countries that did NOT sign the treaty were:
Answer
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Belgium, Netherlands, Luxemburg, Italy
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Belgium, Netherlands, Luxemburg, France
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Portugal, Spain, Denmark, UK
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Germany, France, Italy, Netherlands
Question 44
Question
International Institutions created in 1944 designed to facilitate and support international trade
Answer
-
UNCTAD & WTO
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IMF & GATT
-
WTO & GATT
-
IMF & UNCTAD
Question 45
Question
GATT led to decreased duty rates from 40% in 1947 to
Answer
-
To average slightly 25%
-
To average slightly 17%
-
To average slightly 8%
-
To average slightly 4%
Question 46
Answer
-
Incentive to spread fixed costs over a large number of units
-
Incentive that drives companies to expand overseas to respond to their competitors move
-
Incentive to expand overseas because consumers wanted to find their products everywhere
-
Incentive to be present in internet to entice consumers everywhere to purchase their products
Question 47
Question
Considered to be among the most importing countries WTO (2012)
Answer
-
Italy, Argentina, Russia
-
Germany, France, Austria
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Japan, Singapore, China
-
Brasil, Mexico, UK
Question 48
Question
Proposed the factor endowment theory
Answer
-
Adam Smith
-
David Ricardo
-
Yossi Shelfi
-
Heckscher Ohlin
Question 49
Question
The most famous logistics cluster in Spain is located in
Answer
-
Barcelona
-
Zaragoza
-
Madrid
-
Valencia
Question 50
Question
The first international logisticians were:
Answer
-
Traders on the silk road
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The military that fought in WWII
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Courier companies like FedEX, UPS, and DHL
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Transport companies that used containers
Question 51
Question
Activities that are part of Physical Distribution
Answer
-
Purchasing and production planning
-
Order processing and transportation
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Distribution planning and manufacturing inventory
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Marketing and Customer Service
Question 52
Question
Perspective between logistics and supply chain in which logistics appeared before SC is called
Answer
-
Inclusionist
-
Evolutionist
-
Intersectionist
-
None of the above
Question 53
Question
Theory that explains international trade that is divided into stages
Question 54
Answer
-
Is the number of tons that can be uploaded onto a ship
-
Defines the fluid a ship can carry
-
Is the number of equivalent 20 feet containers
-
None of the above
Question 55
Question
According to the International Product Life cycle theory, the countries most likely to manufacture a product that has been recently developed (one that is the result of a brand-new design and uses patented technology) and is in its first commercialization is/are
Question 56
Question
In Stage III of the Intern. Product Life Cycle Theory the entity that plays the most important role is
Answer
-
Innovation country
-
Other advanced countries
-
Developing countries
-
All of the above
Question 57
Question
International logistics has evolved over time, passing through 4 stages. According to the authors of the text book what is considered to be the fourth phase of this evolution:
Question 58
Question
The main contribution of the usage of containers in the transportation process
Answer
-
Decreased the problems of transporting goods
-
Increased the speed with which goods were transported between ports
-
Decreased the investment necessary to transport goods
-
Increased the personell demanded to upload and download ships
Question 59
Question
Which one was NOT one of the characteristics of the "early days" of logistics
Answer
-
An emphasis on making sure that the goods arrived in good condition
-
An emphasis on low cost transportation
-
long transit times
-
An emphasis on customer satisfaction
Question 60
Question
Among the great challenges that companies involved in trade face are
Answer
-
Visibility
-
Risk Management
-
Sustainability
-
All of the above
Question 61
Question
Among the activities that not part of logistics we find
Answer
-
Warehousing
-
Purchasing
-
Information Services
-
Order processing
Question 62
Question
Largest cargo airport
Answer
-
Barajas international airport
-
Memphis international airport
-
Houston international airport
-
Brussels international airport