Consider an Exporter That Is Willing to Send Goods to the Importer

question 39

Multiple Choice

Consider an exporter that is willing to send goods to the importer without a guaranteed payment by the bank. The bank provides a loan to the exporter that is backed by the value of the exported goods. This reflects:

• A) accounts receivable financing.
• B) forfaiting.
• C) factoring.
• D) a letter of credit.

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Definitions:

Ecology

The branch of biology that deals with the relations of organisms to one another and to their physical surroundings.

Situational Influences

External factors or circumstances that affect the behavior and decisions of individuals.

Sustained Exercise

Physical activity that is maintained for an extended period of time to improve health and fitness.

Tempting Foods

Edible items that are highly desirable and appealing, often due to their taste, appearance, or smell, but may not be healthy.