Examlex

Solved

Which of the Following Is a Benefit of Global Trade

question 26

Multiple Choice

Which of the following is a benefit of global trade to producers?


Definitions:

Collecting Bank

A financial institution involved in processing items for payment, such as checks, on behalf of a depositor.

Collecting Bank

A bank that handles the processing of payments (like checks) on behalf of the payee or a client bank.

Material Alteration

A substantial change to a document or agreement that affects its essence or legal effectiveness.

Genuine Signatures

Authentic and original signatures that verify the identity of signatories and their intent.

Related Questions