The Use of Letters of Credit Arose in International Trade

question 4

True/False

The use of letters of credit arose in international trade.

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Definitions:

Survey Research

Survey research involves collecting information from a sample of individuals through their responses to questions.

Naturalistic Observation

An observational strategy where participants are studied in their usual surroundings without any interference from the researcher.

Case Study Research

A qualitative research method that involves an in-depth analysis of a single event, situation, or individual to explore causation and find underlying principles.

Psychometric Study

The field of study concerned with the theory and technique of psychological measurement, including the measurement of knowledge, abilities, attitudes, and personality traits.