Online Access Free L3M3 Practice Test

Which of the following are barriers to trade?

• A.Complex customs procedures
• B.Quotas
• C.Subsidies
• D.Embargoes
• E.Customs duties / tariffs
• F.Exchange controls

Which of the following is unlikely to be regarded as a conformance specification?

• A.A statement of outputs
• B.A brand name
• C.A chemical formula
• D.Drawings

Under a XXXX contract, the buyer does commit to purchase a given quantity over a given period of time, but the precise number of orders and their quantities is unknown at the start of the period. What expression has been replaced by XXXX?

• A.Term
• B.Framework
• C.Oral
• D.Call-off

The UN Guiding Principles on Business and Human Rights (UNGP) - which recognise that business enterprises must respect human rights - were adopted in which year?

• A.1929
• B.1948
• C.2011
• D.1977

'PTN' stands for:

• A.Pre-tender negotiation
• B.Procurement tender notice
• C.Procurement technical network
• D.Post-tender negotiation