Export Import Procedures and Documentation Practice Test Questions — Flashcards

Export and import documents are used to provide information to all parties involved in international trade and ensure that products make a smooth transition into or out of a country. Some of the most common documents include bills of lading, invoices and licenses.

An export license is a government document that authorizes the export of specific goods in specific quantities to a particular destination for a particular end-use. This document may be required for most or all exports to some countries or for other countries only under special circumstances.
 

Import procedure means all the steps involved in purchase of goods from any foreign country. The procedural steps involved in import trade differ from country to country in respect of their import policy, statutory requirements. In majority of the countries import trade is being controlled by the government.