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Question 149

An agricultural corporation must receive permission from the Country X government to export rice to Country Y because Country Y has an import quota on Country X's rice. The document used to provide this permission is called a:

    Correct Answer: A

    The document required to provide permission for exporting rice to another country, due to import quotas, is called a merchandise visa. A merchandise visa is a document that authorizes the shipment of goods, especially when quotas or restrictions are involved. This term is typically used in the context of international trade regulations to facilitate the export-import process in accordance with country-specific trade laws.

Discussion
am2005Option: C

C. Merchandise Duty: This is the correct answer. It's a term used to describe the tax imposed on goods when they are transported across international borders. In this context, it's used as a document that gives permission to export goods.