O-LevelCommerceGlobal trade7100/11 · Oct/Nov 2018 · Q151 Mark

What is a function of customs authorities?

Acollecting port charges on imported goods

Bcompiling records of imports and exports

Cpreparing goods in bonded warehouses

Dstoring goods meant for the entrepôt trade

✓ Correct answer

B: compiling records of imports and exports

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2018 Paper 1 Variant 1, question 15.

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