The Safest Method Available to an Exporter,but That Which Exposes

question 19

Multiple Choice

The safest method available to an exporter,but that which exposes the importer to some risk related to delivery of goods,is called _____.

• A) payment in advance
• B) a commercial letter of credit
• C) a banker's acceptance
• D) a syndicate
• E) a bond rating

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Definitions:

Cocklebur

Cocklebur refers to plants in the genus Xanthium, characterized by their spiny burrs that adhere to animals and clothing for seed dispersal.

Day-Neutral Plant

A plant whose flowering is not controlled by variations in day length that occur with changing seasons. Compare with long-day, short-day, and intermediate-day plants.

Long-Day Plant

A plant that flowers only after being exposed to light periods longer than a certain critical length, often found in summer.

Arabidopsis

A genus of small flowering plants, with Arabidopsis thaliana being a widely used model organism in plant biology and genetics.