Decorative Models Are People Who

question 255

Multiple Choice

Decorative models are people who:

• A)are key product spokespersons.
• B)are nude models in television ads.
• C)adorn a product as a sexual stimulus.
• D)design attractive products.

Understand the role and types of banks in international finance, including money center and retail banks.

Comprehend the various methods of payment in international trade, including cash in advance, commercial letters of credit, documentary collections, and open account agreements.

Identify the security implications for importers and exporters associated with different payment methods.

Distinguish between the functionalities of major financial telecommunications networks such as SWIFT and CHIPS.