________ Is a Specialized Technique to Eliminate the Risk of Nonpayment

question 65

Multiple Choice

________ is a specialized technique to eliminate the risk of nonpayment by importers in instances where the importing firm and/or its government is perceived by the exporter to be too risky for open account credit.

• A) Forfeiting
• B) Marketable Bank Shares
• C) Forfaiting
• D) Banker's Acceptances

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Definitions:

Production Costs

Expenses directly attributed to the process of producing goods or providing services.

Chrysler Belvedere

A model of car produced by the Chrysler Corporation, known for its classic design and part of the Plymouth line in the mid-20th century.

Fenders

Components on a vehicle that frame the wheel well to prevent dirt and debris from being thrown into the air by the spinning tires.

Production Line

A sequence of operations that workers perform to assemble a product in a factory.