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Paper 3 · International Trade

Which document is needed in foreign trade but not in ordinary home trade?

Aan invoice showing what the buyer owes the seller
Ba delivery note listing the goods being handed over
Ca credit note issued when goods are returned
Da bill of lading and a certificate of origin
Explanation: Invoices, delivery notes and credit notes are used in trade of any kind. Bills of lading, certificates of origin, letters of credit and customs declarations exist because goods are crossing a border, so they belong to foreign trade alone.

Derived from ZIMSEC Economics 4050/3 Paper 3, June 2023, Q3

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