What Is an Advantage of Having a Letter of Credit

question 85

Multiple Choice

What is an advantage of having a letter of credit?

• A) It allows payment for merchandise after its delivery.
• B) It facilitates an exporter to obtain pre-export financing.
• C) It allows an exporter to get a higher price for his or her goods.
• D) It helps exporters incur lower shipping costs.
• E) It does not require the importer to pay any fee.

Recognize the foundational political theories and their modern interpretations.

Determine the concept of public opinion and its measurement.

Identify the characteristics and differences between liberalism and conservatism.

Distinguish between political values and political attitudes.

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Definitions:

Non-verbal Communication

The transmission of messages or signals through a non-linguistic means, such as facial expressions, body language, and gestures.

Physical Layout

The arrangement of physical elements in a space, such as machinery, equipment, desks, and other items, which can influence efficiency, communication, and workflow in a workplace or other environment.

Feedback

Information returned to a person or system about the effects or results of an activity or process, used as a basis for improvement or adjustment.

Threatening Edge

suggests an aggressive or competitive position that has the potential to cause harm or discomfort.