Exporters Who Require Guarantee of Payment Will Ask For

question 57

Multiple Choice

Exporters who require guarantee of payment will ask for:

• A)trade acceptances.
• B)an open account.
• C)an irrevocable letter of credit.
• D)none of these options.

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Definitions:

Brainstorming

A method of generating ideas by recording everything people in a group think of, without judging or evaluating the ideas.

Openers

Phrases or sentences used at the beginning of a piece of writing or speech designed to engage the audience and set the tone.

Community

A group of interacting living organisms sharing a populated environment, typically considered within a specific geographical area.

Ecosystem

An ecosystem consists of living entities and their inanimate environmental elements, working together as a unified system.