Export/import Financing in Which a Bank Acts as an Intermediary

question 54

Multiple Choice

Export/import financing in which a bank acts as an intermediary without accepting financial risk is called ________.

• A) documentary collection
• B) counterpurchase
• C) buyback
• D) open account

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Definitions:

Human Fetus

A developing human from the end of the embryonic period, approximately nine weeks after fertilization, until birth.

Sensitive Period

A critical phase in early development where the individual is particularly receptive to certain stimuli and capable of acquiring specific skills or knowledge.

Second Language

A language learned by a person in addition to their native language, often for the purpose of communication in a multilingual environment.

Mesosystem

In Bronfenbrenner's ecological systems theory, the mesosystem refers to the connections between the microsystems or the settings where an individual actively participates (e.g., home, school, workplace).