Sellers Might Accept A(n) ________, One Whose Removal from the Country

question 46

Multiple Choice

Sellers might accept a(n) ________, one whose removal from the country is restricted by the buyer's government, if they can buy other goods in that country that they need themselves or can sell elsewhere for a needed currency.

• A) blocked currency
• B) countervailing duty
• C) custom duty
• D) anti-dumping duty
• E) tariff

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Definitions:

Bonds

Long-term debt securities issued by corporations, municipalities, or governments to finance operations, projects, or infrastructure, paying interest to investors.

Operating Lease

A lease agreement that allows a company to use an asset without ownership, where the lessor retains the risks and benefits of ownership.

Finance Lease

A lease agreement in which the lessee assumes substantially all the risks and rewards of ownership, similar to finance purchase.

Lease

A contractual agreement whereby the owner (lessor) of an asset allows another party (lessee) to use the asset in exchange for payment over a specified period.