International Trade Vocabulary: 20 useful words

International Trade Vocabulary: 20 useful words


Watch this video and then do the quiz below



by Sergio Viula


If you work with Business English or want to expand your vocabulary for the global market, this post is for you. In the video below, we explore essential terms related to international trade—words every professional should know when dealing with imports, exports, negotiations, and global logistics.

Se você trabalha com Business English ou quer ampliar seu vocabulário para o mercado global, este post é para você. No vídeo abaixo, exploramos termos essenciais relacionados ao comércio internacional — palavras que todo profissional deveria conhecer ao lidar com importações, exportações, negociações e logística global.

To help you practice, I’ve also included a 20-question vocabulary quiz based on the key expressions from the lesson. It’s a great way to reinforce pronunciation, meaning, and real-world usage.

Para ajudar na prática, incluí também um quiz de 20 questões de vocabulário baseado nas principais expressões da aula. É uma ótima forma de reforçar a pronúncia, o significado e o uso em situações reais.

Watch the video, take the quiz, and boost your confidence when discussing international business.

Assista ao vídeo, faça o quiz e aumente sua confiança ao falar sobre negócios internacionais.

International Trade Vocabulary Quiz

Write down your answers and then check how many you got right using the key that is available in the link after the quiz.

Anote a resposta e depois confira quantas vocês acertou usando a "key" que se encontra no link depois do quiz.

1. Which word refers to selling goods to another country?

a) Import
b) Export
c) Retail
d) Freight


2. What is a tax placed on imported or exported goods?

a) Tariff
b) Quota
c) Exchange rate
d) Incoterms


3. Which term refers to the government authority that checks goods entering a country?

a) Customs Clearance
b) Customs
c) Distributor
d) Wholesale


4. A formal arrangement between countries to simplify commerce is called:

a) Free trade
b) Market access
c) Trade agreement
d) Supply chain


5. A restriction that limits international commerce is known as:

a) Trade deficit
b) Trade barrier
c) Bill of lading
d) Retail


6. A limit on how much of a product can be imported is a:

a) Tariff
b) Quota
c) Freight
d) Incoterms


7. What term means trade without restrictions or tariffs?

a) Free trade
b) Market access
c) Export
d) Wholesale


8. The complete process of producing and delivering a product is the:

a) Retail
b) Supply chain
c) Bill of lading
d) Negotiation


9. A company that delivers goods to stores is a:

a) Distributor
b) Retailer
c) Importer
d) Customs agent


10. Selling goods in large quantities to resellers is called:

a) Retail
b) Wholesale
c) Market access
d) Import


11. The document that confirms goods have been shipped is the:

a) Bill of lading
b) Tariff
c) Trade barrier
d) Exchange rate


12. The cost of transporting goods is called:

a) Freight
b) Supply chain
c) Retail
d) Quota


13. International rules that define buyer and seller responsibilities are called:

a) Incoterms
b) Negotiations
c) Market access
d) Customs clearance


14. The value of one currency compared to another is the:

a) Wholesale price
b) Exchange rate
c) Trade deficit
d) Distributor fee


15. The process of officially allowing goods to enter a country is:

a) Customs
b) Customs clearance
c) Free trade
d) Export


16. When a country imports more than it exports, it has a:

a) Market access
b) Trade deficit
c) Trade barrier
d) Tariff


17. Discussions to reach a business deal are called:

a) Retail
b) Negotiation
c) Incoterms
d) Quota


18. The ability of a company to enter a foreign market is:

a) Market access
b) Free trade
c) Import
d) Supply chain


19. Bringing goods into a country is called:

a) Export
b) Import
c) Freight
d) Retail


20. The phonetic transcription /səˈplaɪ tʃeɪn/ refers to:

a) Trade barrier
b) Supply chain
c) Market access
d) Bill of lading



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