Which of the Following Is an Advantage of Export Credit

question 41

Multiple Choice

Which of the following is an advantage of export credit insurance?

• A) It gives a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents.
• B) It protects exporters from the risk that the foreign importer will default on payment.
• C) It puts the importer in a strong bargaining position.
• D) It enables exporters to insist on a letter of credit.
• E) It allows for a delay in payment.

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Definitions:

Random Assignment

A method used in experiments where participants are allocated to different groups in a way that ensures each has an equal chance of being assigned to any group, reducing bias.

Cause and Effect

The principle that every event (effect) has one or more causes; the basis of logical reasoning and scientific investigation.

Experimenters

Individuals who conduct experiments to test hypotheses or observe phenomena under controlled conditions.

Random Assignment

A method used in experiments to place participants into different groups using chance, ensuring that each group is equally likely to receive different treatments.