Question 21
Foreign Trade DocumentsWhich of the following trade documents prevents understatement of prices?
- A.Consular invoice
- B.Export invoice
- C.Freight note
- D.Mate's receipt
Show the answer and explanation
Answer: A (Consular invoice)
Explanation
A consular invoice is certified by the importing country's consul, confirming the true value so that prices are not understated to avoid duty.