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CLTD Exam Dumps : Certified in Logistics, Transportation and Distribution

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Certified in Logistics, Transportation and Distribution Questions and Answers

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Question 1

A developing country would like to improve its trade relations with Europe by updating its port infrastructure. Which international organization would help fund the project?

Options:

A.

The Bank for International Settlements

B.

The World Bank

C.

The Central Bank

D.

The International Monetary Fund

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Question 2

A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?

Options:

A.

Adopt Customs Trade Partnerships Against Terrorism (C-TPAT) rules

B.

Use foreign/free trade zones (FTZs)

C.

Use an international third-party logistics (3PL) provider

D.

Ship by free on board (FOB) terms

Question 3

When a company decides not to purchase insurance to cover a risk, it is pursuing what type of risk strategy?

Options:

A.

Retention

B.

Transfer

C.

Mixed

D.

Mitigation

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