Influence of Weather Conditions on Trade Levels and Natural Resources Characteristics
75 Questions
0 Views
3.4 Stars

Influence of Weather Conditions on Trade Levels and Natural Resources Characteristics

Created by
@StylizedSphinx

Questions and Answers

What is the primary characteristic of Neo Bulk cargo?

Each pre-packaged unit is accountable

What is the main difference between a RO/RO Vessel Ship and a LO-LO Vessel Ship?

Method of loading and unloading

What percentage of world merchandise exports did manufactured goods represent in 2018?

68%

What is the main reason countries like Japan export mainly manufactured products?

<p>They have limited natural resources</p> Signup and view all the answers

What is the recent trend in the Global Supply Chain?

<p>From product-based to process-based</p> Signup and view all the answers

What is the main reason for the development of larger containerships?

<p>To reduce the annual operating costs per TEU</p> Signup and view all the answers

What percentage of annual operating costs is attributed to fuel in a standard Panamax containership?

<p>46%</p> Signup and view all the answers

What is the approximate annual operating cost per TEU for a 10,000 TEU containership?

<p>$1,449</p> Signup and view all the answers

What is the main expense category that remains constant for both Panamax and 10,000 TEU containerships?

<p>Manning costs</p> Signup and view all the answers

What is the advantage of using larger containerships in terms of port charges?

<p>Reduced port charges per TEU</p> Signup and view all the answers

What is a major advantage of containerization in terms of cargo handling?

<p>Simplified and less expensive packaging</p> Signup and view all the answers

What is a disadvantage of containerization in terms of terminal space?

<p>Containers are a large consumer of terminal space</p> Signup and view all the answers

Why is there a need for repositioning of containers across the Pacific?

<p>There is an imbalance in trade between Asia and the United States</p> Signup and view all the answers

What is a benefit of containerization in terms of cargo security?

<p>The contents of the container are unknown to carriers</p> Signup and view all the answers

What is the impact of containerization on port turnaround times?

<p>Port turnaround times have been reduced to about 24 hours</p> Signup and view all the answers

What type of goods is suitable for final consumption?

<p>Consumer goods</p> Signup and view all the answers

What are capital goods primarily designed for?

<p>Production purposes</p> Signup and view all the answers

Which term refers to goods that are not conducive to packaging or unitization?

<p>Break bulk</p> Signup and view all the answers

What does a dry-bulk carrier transport in Australia according to the text?

<p>Coal</p> Signup and view all the answers

In maritime transport, what are manufactured products commonly referred to as?

<p>General cargo</p> Signup and view all the answers

What is the standard height of a 20-foot container?

<p>8 feet 6 inches</p> Signup and view all the answers

Which freight container size is represented by the abbreviation 'TEU'?

<p>20-foot</p> Signup and view all the answers

What is the significance of a container's unique identification number?

<p>Allows for global handling and tracking</p> Signup and view all the answers

Which type of container is one foot higher than the standard?

<p>Open top container</p> Signup and view all the answers

What does the 'FEU' abbreviation stand for in the context of containers?

<p>Forty-foot Equivalent Unit</p> Signup and view all the answers

The majority of international trade in value consists of bulk cargo.

<p>False</p> Signup and view all the answers

RO/RO vessels are designed to carry containers on pallets.

<p>False</p> Signup and view all the answers

The growth rate of manufactured goods has decreased over the past 50 years.

<p>False</p> Signup and view all the answers

Countries like Brazil and South Africa mainly export manufactured goods.

<p>False</p> Signup and view all the answers

The global supply chain has shifted from a process-based approach to a product-based approach.

<p>False</p> Signup and view all the answers

The Bureau International des Containers et du Transport Intermodal is responsible for issuing owner codes on behalf of the American company Textainer.

<p>False</p> Signup and view all the answers

The product group code 'U' refers to a refrigerated container.

<p>False</p> Signup and view all the answers

Each owner code can have up to 1 million unique containers.

<p>True</p> Signup and view all the answers

The check digit is used to calculate the total weight of the container.

<p>False</p> Signup and view all the answers

The size and type code '45' indicates that the container is a 20 footer of 8 feet 6 inches in height.

<p>False</p> Signup and view all the answers

About 2,000 containers are lost at sea each year due to bad weather.

<p>False</p> Signup and view all the answers

A Panamax ship can enter the newer locks of the Panama Canal.

<p>False</p> Signup and view all the answers

Handy Size ships are used for liner service.

<p>False</p> Signup and view all the answers

A Cape-Size ship can fit through the Suez Canal.

<p>False</p> Signup and view all the answers

All vessels can enter the locks of the Panama Canal.

<p>False</p> Signup and view all the answers

The term 'Post-Panamax' refers to the ships that could fit through the Suez Canal.

<p>False</p> Signup and view all the answers

Port charges account for 50% of the annual operating costs of a 10,000 TEU containership.

<p>False</p> Signup and view all the answers

Annual operating costs per TEU increase by more than one half for a 10,000 TEU containership compared to a standard Panamax containership.

<p>False</p> Signup and view all the answers

Manning costs account for the majority of annual operating costs for both Panamax and 10,000 TEU containerships.

<p>False</p> Signup and view all the answers

A 10,000 TEU containership has higher annual operating costs than a standard Panamax containership.

<p>False</p> Signup and view all the answers

Raw materials and agricultural products make up the two primary categories of goods in international trade.

<p>True</p> Signup and view all the answers

More than two-thirds of seaborne trade by volume consists of manufactured goods.

<p>False</p> Signup and view all the answers

Liquid resources include goods like coal, iron ore, and bauxite that are transported in tanks.

<p>False</p> Signup and view all the answers

Dry resources are materials in a solid or dry state like grains, which do not include liquid cargos.

<p>True</p> Signup and view all the answers

Manufactured goods represent the largest share in international trade based on their value.

<p>True</p> Signup and view all the answers

Countries now specialize in complete products rather than specific tasks within the production process.

<p>False</p> Signup and view all the answers

The value-added to the final product is maximum during the manufacturing and assembling stages.

<p>False</p> Signup and view all the answers

Asia has witnessed a significant shift of production from Vietnam to Japan.

<p>False</p> Signup and view all the answers

The global supply chain has shifted from a process-based approach to a product-based approach.

<p>False</p> Signup and view all the answers

The relocation of production facilities is driven by constant comparative advantages.

<p>False</p> Signup and view all the answers

Containers are typically opened at multiple points during transportation.

<p>False</p> Signup and view all the answers

More than half of the containers leaving the United States are full.

<p>False</p> Signup and view all the answers

Containerization has increased port turnaround times.

<p>False</p> Signup and view all the answers

The majority of intermodal terminals are located in urban centers.

<p>False</p> Signup and view all the answers

There is a balance in the number of containers moving between Asia and the United States.

<p>False</p> Signup and view all the answers

The term 'Post-Panamax' refers to the ships that fit through the Suez Canal.

<p>False</p> Signup and view all the answers

The approximate annual operating cost per TEU for a 10,000 TEU containership is $2,314.

<p>False</p> Signup and view all the answers

The incentive to use larger containerships is mainly due to lower manning costs.

<p>False</p> Signup and view all the answers

The majority of the annual operating costs for a 10,000 TEU containership are attributed to port charges and manning costs.

<p>False</p> Signup and view all the answers

The principle of economies of scale is not a significant factor in containerized maritime shipping.

<p>False</p> Signup and view all the answers

General cargo mainly consists of liquid goods that are packaged or unitized for transport.

<p>False</p> Signup and view all the answers

Maritime transport refers to the transportation of goods and people by land, sea, or air.

<p>False</p> Signup and view all the answers

Break bulk cargo is characterized by being carried in containers that are unitized and easy to handle.

<p>False</p> Signup and view all the answers

Capital goods are designed for final consumption rather than for production purposes.

<p>False</p> Signup and view all the answers

In maritime transport, manufactured products are commonly known as specialized cargo.

<p>False</p> Signup and view all the answers

Neo Bulk cargo is typically carried in container load units.

<p>False</p> Signup and view all the answers

Bulk cargo is transported in a different manner than General cargo.

<p>True</p> Signup and view all the answers

The trade volume of manufactured goods has decreased since 1950.

<p>False</p> Signup and view all the answers

Industrialized exporting countries like Japan mainly export manufactured products due to abundant natural resources.

<p>False</p> Signup and view all the answers

The Global Supply Chain has recently shifted from a product-based approach to a process-based approach.

<p>True</p> Signup and view all the answers

More Quizzes Like This

Grade 1: Weather Conditions & Clothing
10 questions
Climate and Weather Conditions
16 questions

Climate and Weather Conditions

ForemostEnlightenment8314 avatar
ForemostEnlightenment8314
Use Quizgecko on...
Browser
Browser