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International trade quiz



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Do you know the answers? *

Posted June 2014 

Q1. The visa that makes travel easy within twenty-six countries of Europe takes its name from an agreement signed in 1985 in what city of Luxembourg?

Q2. The American embassy in which city is the largest and most expensive of any embassy in the world?

Q3. Which is the UK’s largest container terminal?

Q4. The flag of which country prominently features 'The Eagle of Saladin' holding a scroll bearing the name of the country in Arabic?

Q5. The 19th century civic planner Baron Haussman is associated with the rebuilding of which city?

Q6. What is the only language that is historically African in origin among the six official working languages of the African Union?

Q7. The headquarters of NATO are in which city?

Q8. Ajman, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain are all part of what?

Q9. Which online business was named for a word from Gulliver's Travels that meant 'rude, unsophisticated, uncouth'?



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Original Definitions

Demurrage - a storage charge levied on goods awaiting customs clearance now but the word comes from a French medieval tax due if goods were held outside the city wall, near the gate, prior to Market day.

Europe named for Europa, daughter of the Phoenician king Agenor, whom Zeus (in the guise of a white bull) kidnapped and carried off to Crete

Excise From a C15th Dutch word meaning tax which derived via Old French acceis from Vulgar Latin accensum, a compound word formed from the Latin prefix ad = against/ to – and census = tax. By 1643 it was being used for a very specific tax on certain imported and domestically produced goods, ie luxuries. From C19th the words customs duty applied to imports so excise was reserved for tax on domestic sales of certain goods. 1755 in Dr Johnson’s “Dictionary” he defined excise as “a hateful tax levied upon commodities, and ajudged not by the common judges of property, but by wretches hired by those to whome excise is paid”. In EU excise duties are collected on the sale of tobacco, alcohol and hydrocarbon oils.

Customs - "Customs", as a word, originally comes from the Latin consuescere, a compound verb formed from the prefix com- and suescere meaning "become accustomed". This passed into early Old French as costudne which developed via costumne to custome.

Tariff - The word tariff appears to have originated from the Arabic ta?rifah, derivative of ?arrafa "to make known". Around 1591/2, via the Latinised tariffa or "arithmetical table" or "list of prices", it came to mean "an official list of customs duties on imports or exports".

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No nation was every ruined by trade - Benjamin Franklin

A single conversation across the table with a wise man is worth a month's study of books - Chinese Proverb

He who asks the question is a fool for a minute, he who does not is a fool forever - Chinese proverb

No one can teach you that which they have not done. Beware of who you choose to learn from. Tom Hopkins

Be careful, in business it is very easy to change things or not keep up to date so a COMPLIANT company can end up with a COMPLAINT - S&HLLP

Great minds discuss ideas; average minds discuss events; small minds discuss people - Eleanor Roosevelt

It is the mark of an educated mind to be able to entertain a thought without accepting it - Aristotle

There are decades when nothing happens; and there are weeks when decades happen - Vladimir Putin

Opportunity is missed by most people because it is dressed in overalls and looks like work - Thomas Edison

It is not once nor twice but times without number that the same ideas make their appearance in the world -Aristotle

Gold Rush Paradigm: Instead of diving into competitive industry, it's better to sell products to those doing the diving

Don't waste time learning the tricks of the trade - instead, learn the trade

Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln

I am for free commerce with all nations: politcal connection with none; and little or no diplomatic establishments George Washington

Don't waste time learning the "tricks of the trade" Instead, learn the trade

Don't waste time learning the "tricks of the trade" Instead, learn the trade ??

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* The Answers

Posted June 2014 return to questions

A1. Schengen

A2. Baghdad. It opened in January 2009 and at 440,000 square meters it is nearly as large as Vatican City.

A3. Felixstowe

A4. Egypt

A5. Paris

A6. Swahili (The other five are Arabic, English, French, Spanish and Portuguese).

A7. Brussels

A8. Along with Abu Dhabi and Dubai, the emirates of The United Arab Emirates

A9. Yahoo


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