Which of the Following Is Used Extensively in Foreign Trade

question 64

Multiple Choice

Which of the following is used extensively in foreign trade when the creditworthiness of one trader is unknown to the trading partner?

• A)Repos
• B)Bankers' acceptances
• C)Eurodollars
• D)Federal funds A bankers' acceptance facilitates foreign trade by substituting a bank's credit for that of the trading partner.

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Definitions:

Disapproval

The act of expressing a negative opinion about something or someone, indicating a lack of endorsement.

Incapacitative Sentencing

is a criminal justice policy aimed at preventing convicted criminals from committing more crimes by removing them from society, often through long-term imprisonment.

Lock Up

To confine someone or something securely, often used in the context of imprisonment.

New Recruits

Individuals who have newly joined an organization, institution, or the armed forces, often undergoing training and orientation.