APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 3

The international commercial document that serves as a quote to obtain a letter of credit or an import license is called a(n):

Answer options

Correct answer: A

Explanation

The correct answer is A, the commercial invoice, which is a key document in international trade providing details about the goods sold. The pro forma invoice (B) is a preliminary bill of sale, not a commercial document for obtaining credit or licenses. An export license (C) is a government document allowing the export of specific goods, while a consular invoice (D) is required by some countries for customs clearance but does not serve the same purpose as the commercial invoice.