Which of the Following Is a Difference Between Export Management

question 16

Multiple Choice

Which of the following is a difference between export management companies (EMCs) and export trading companies (ETCs) ?

• A)ETCs deal with both exports and imports, while EMCs deal only with exports.
• B)ETCs are subject to antitrust laws, while EMCs are not.
• C)ETCs typically carry inventory, while EMCs typically do not.
• D)ETCs operate more on the basis of demand, while EMCs operate more on the basis of supply.

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Definitions:

Specific Payee

indicates a person or entity named explicitly in a negotiable instrument as the recipient of the payment.

Document

A recorded piece of information, either in physical or electronic format, used for communication or to provide evidence.

Named

Designated or identified by a specific name.

Currency Requirement

A stipulation for the type of currency that must be used in a financial transaction or agreement.