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WAEC Commerce 2006 Question 10

Question 10

Foreign Trade Documents

Which of the following is used only in international trade?

  1. A.Letter of enquiry
  2. B.Certificate of origin
  3. C.Pro-forma invoice
  4. D.Consignment note
Show the answer and explanation

Answer: B (Certificate of origin)

Explanation

A certificate of origin is needed only when goods cross borders; enquiries, proforma invoices and consignment notes are used at home too.