Which of the Following Statements Is True of Export Credit

question 72

Multiple Choice

Which of the following statements is true of export credit insurance?

• A) Exporters will require more insurance if a letter of credit is used in transactions.
• B) The Foreign Credit Insurance Association provides coverage against commercial risks and political risks.
• C) Private associations cannot offer export insurance in the United States.
• D) Organizations do not receive coverage against political risks of global trade.

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Definitions:

Property Crime

Crimes involving the theft of property without direct harm to the victim, such as burglary, larceny, theft, motor vehicle theft, and arson.

Code Of Conduct

A set of rules outlining the responsibilities, ethical standards, or norms for behavior within an organization or group.

Loyalty

A strong feeling of support or allegiance to someone or something.

Car Jacking

The act of forcefully stealing a car from its owner, typically involving threats or physical violence.