In an International Transaction Involving a Bank as a Third

question 30

Multiple Choice

In an international transaction involving a bank as a third party, the exporter ships the product after:

• A) the bank receives materials from the importer.
• B) receiving a cleared payment through bank.
• C) the importer has paid the bank.
• D) the bank promises to pay on the importer's behalf.

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Definitions:

Variable-ratio

A reinforcement schedule in operant conditioning where a response is reinforced after an unpredictable number of responses, enhancing the robustness of the behavior.

Variable-ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, leading to a high and steady response rate.

Fixed-ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often used in behavior analysis.

Biological Predisposed

An inherent inclination or natural tendency for individuals to exhibit certain behaviors or characteristics due to genetic factors.