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    WTE365

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    aliffauzai11
    This document contains a 4-question, 40-mark final examination for a Wood Product Trade Practices course. The exam consists of multiple choice and written response questions testing understanding of key concepts. Question 1 examines sawntimber export trends to Europe based on a figure. Question 2 covers indigenous harvesting rights under Malaysian law, a diagram of wood licensing implementations, and bamboo export permit requirements. Question 3 differentiates marine insurance terms and defines FOB price, explaining commercial arbitration. Question 4 compares payment methods, defines trade inquiries, explains when to file export forms, and the purpose of certificates of origin.

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    WTE365

    Uploaded by

    aliffauzai11
    25 views4 pages
    This document contains a 4-question, 40-mark final examination for a Wood Product Trade Practices course. The exam consists of multiple choice and written response questions testing understanding of key concepts. Question 1 examines sawntimber export trends to Europe based on a figure. Question 2 covers indigenous harvesting rights under Malaysian law, a diagram of wood licensing implementations, and bamboo export permit requirements. Question 3 differentiates marine insurance terms and defines FOB price, explaining commercial arbitration. Question 4 compares payment methods, defines trade inquiries, explains when to file export forms, and the purpose of certificates of origin.

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    This document contains a 4-question, 40-mark final examination for a Wood Product Trade Practices course. The exam consists of multiple choice and written response questions testing understanding of key concepts. Question 1 examines sawntimber export trends to Europe based on a figure. Question 2 covers indigenous harvesting rights under Malaysian law, a diagram of wood licensing implementations, and bamboo export permit requirements. Question 3 differentiates marine insurance terms and defines FOB price, explaining commercial arbitration. Question 4 compares payment methods, defines trade inquiries, explains when to file export forms, and the purpose of certificates of origin.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    25 views4 pages

    WTE365

    Uploaded by

    aliffauzai11
    This document contains a 4-question, 40-mark final examination for a Wood Product Trade Practices course. The exam consists of multiple choice and written response questions testing understanding of key concepts. Question 1 examines sawntimber export trends to Europe based on a figure. Question 2 covers indigenous harvesting rights under Malaysian law, a diagram of wood licensing implementations, and bamboo export permit requirements. Question 3 differentiates marine insurance terms and defines FOB price, explaining commercial arbitration. Question 4 compares payment methods, defines trade inquiries, explains when to file export forms, and the purpose of certificates of origin.

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    of 4

    CONFIDENTIAL AS/FEB 2022/WTE365/Set 1

    UNIVERSITI TEKNOLOGI MARA


    FINAL EXAMINATION

    COURSE : WOOD PRODUCT TRADE PRACTICES


    COURSE CODE : WTE365
    EXAMINATION : FEBRUARY 2022
    TIME : 2 HOURS

    INSTRUCTIONS TO CANDIDATES

    1. This question paper consists of four (4) questions.

    2. Answer ALL questions in the Answer Booklet. Start each answer on a new page.

    3. Do not bring any material into the examination room unless permission is given by the invigilator.

    4. Please check to make sure that this examination pack consists of:

    i. the Question Paper


    ii. an Answer Booklet – provided by the Faculty

    5. Answer ALL questions in English.

    DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO


    This examination paper consists of 4 4 printed pages

    © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


    CONFIDENTIAL 2 AS/FEB 2022/WTE365

    QUESTION 1

    Figure 1: Malaysia’s Export of sawntimber and MDF from July 2020 until July 2021
    (eMaskayu Vol.8_2021)

    Total export of sawntimber in July 2021 increased by 47 % in volume at 78,538 m³ and 51%
    in value at RM160.9 million as compared to the previous month. However, cumulative
    exports for the period of January to July 2021 decreased by 4% in volume but increased
    slightly in value to 683,670 m³ with a total of RM1.3 billion over the previous corresponding
    period.

    Based on the figure and statement above, explain the export trend of sawntimber to Europe
    region.
    (10 marks)

    © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


    CONFIDENTIAL 3 AS/FEB 2022/WTE365

    QUESTION 2

    a) According to Illegal Logging Prohibition Act 2012 (ILPA) of National Forestry Act 1984
    harvesting regulations, what are the special provisions for indigenous people?
    (10 marks)

    b) Implementation of MYTLAS (Peninsular) involves close coordination between the


    Licensing Authority and the Implementing Agencies. Draw a diagram of MYTLAS
    (Peninsular) implementations
    (10 marks)

    c) Bamboo is listed in the first schedule in which MTIB will issue an export license based on
    the regulatory requirements of Customs (Prohibition of Exports) Order 2012. Describe
    export permit requirement for bamboo based on the product guide.
    (5 marks)

    QUESTION 3

    a) Differentiate between General Average and Free Particular Average of Marine


    Insurances.
    (10 marks)

    b) “The FOB price of veneer recorded at RM1,749 per m3, an increase of 28% from RM
    1,367 per m3 on the previous month”. Explain FOB definition.
    (5 marks)

    c) Explain briefly the process of arbitration for commercial arbitration.


    (10 marks)

    QUESTION 4

    a) In export payment method, differentiate document on presentation (DP) and document


    on acceptance (DA)
    (5 marks)

    b) What is trade inquiry? Give an example of trade inquiry.


    (5 marks)

    c) Why and when exporters should fill in KPW3 form?


    (5 marks)

    © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


    CONFIDENTIAL 4 AS/FEB 2022/WTE365

    d) In your opinion, why do exporters need to obtain certificate of origin (CO) for their
    products?
    (5 marks)

    END OF QUESTION PAPER

    © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

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