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1. ( 5 Points ) Identify 3 methods of transporting goods giving the advantage of each mode. 2. ( 5 Points ) Regardless of the

1. (5 Points) Identify 3 methods of transporting goods giving the advantage of each mode.

2. (5 Points) Regardless of the specific product involved, customs officials in most countries requirewhat major information to estimate a value for the shipment (value for duty). (5 marks)

3.(5 marks)Identify 4 things a customs broker could assist with and why it might be highly advisable to utilize the services of a customs broker.

4. (5 Points) Describe in detail what INCO terms are and what they are used for?

5.(10 marks)List and explain in detail the documentation requirements for exporting a food product from Canada to another country.

6. (20 marks)Thinking about the current world pandemic related to Covid-19, one of the main results is the disruption of global supply chains. (10 marks)

Give a concrete example (a product) whose supply chain has been disrupted and provide a detailed explanation of how or what the company:

  1. is currently doing,
  2. could have done, and
  3. could do in the future to manage the disruption of their supply chain.

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