Which of the Following Can Be Referred to as a "Buyer

question 80

Multiple Choice

Which of the following can be referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?

• A)foreign purchasing agent
• B)export broker
• C)export merchant
• D)export management company
• E)freight forwarder

---

Definitions:

Secondary Reserves

Assets that are highly liquid but not as liquid as primary reserves; they can quickly be converted into cash or other assets to meet financial obligations.

Treasury Bills

Short-term government securities issued at a discount from the face value and mature in a year or less, used to raise funds and manage the national debt.

Corporate Stock

Share in a corporation. The stockholders own the corporation.

Depository Institutions

Financial institutions that accept deposits from the public, including banks, savings and loan associations, and credit unions, providing various banking and lending services.