Which of the following is applicable to foreign trade only?

Assessment: WAEC SSCE - Commerce - 1996 (Objective) Subject: Commerce

Question 1 Report

Which of the following is applicable to foreign trade only?
Answer Details
The option that is applicable to foreign trade only is the Consular invoice. A consular invoice is a document required by some countries' customs officials to verify the value, quantity, and nature of the shipment. It is used for customs purposes and to assess the duties and taxes to be paid on goods imported into a foreign country. Consular invoices are issued by the consulate of the country to which the goods are being shipped. The other options listed can be applicable to both domestic and foreign trade.
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