Air freight is used for goods where the higher cost of transport by air gives way to other considerations. For example, speed is the most important factor for the transportation of perishables, medicines and spare parts, while safety is the key to the transport of goods of high value. Air freight is capable of running at high speeds and ________.

The invoice value may exceed the credit, that is to say, the freight forwarder has shipped a larger quantity of goods than is permitted.

Under FOB terms, the bill of lading would state A: goods loaded on board, freight paid B: goods received for shipment , freight to be collected C: goods loaded on board, freight freight to be collected D: goods received for shipment , freight paid

中国大学MOOC: The term “______ exports of goods” means the trade value of exports which “have been adjusted for price changes

中国大学MOOC: Insurance coverage expressed in the letter of credit as percentage of goods/invoice value is deemed to be minimum coverage required. It should be at least ( ) of the CIF or CIP value of the goods.