When Paying Via ________, the Goods Are Shipped by the Exporter

question 113

Multiple Choice

When paying via ________, the goods are shipped by the exporter and received by the importer prior to payment, and the exporter then bills the importer for the goods, stipulating the amount, form, and time at which payment is expected.

• A) payment in advance
• B) open account
• C) letters of credit
• D) countertrade

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Definitions:

Thurstone

Refers to L.L. Thurstone, a pioneering psychologist known for his contributions to psychometrics and the theory of intelligence.

Mental Abilities

The range of cognitive capabilities including the capacity to learn, remember, solve problems, and make decisions.

Stanford-Binet Intelligence Scale

A standardized test that assesses intelligence and cognitive abilities in children and adults.

Mental Abilities

The range of cognitive functions including memory, perception, problem-solving, and intellectual skills.