International Trade Is More Difficult and Risky from the Exporter's

question 35

Multiple Choice

International trade is more difficult and risky from the exporter's perspective than is domestic trade because

• A)the exporter may not be familiar with the buyer, and thus not know if the importer is a good credit risk.
• B)if the merchandise is exported abroad and the buyer does not pay, it may prove difficult, if not impossible, for the exporter to have any legal recourse.
• C)political instability makes it risky to ship merchandise abroad certain to parts of the world.
• D)all of the above

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Definitions:

H. Floresiensis

A species of small hominin that lived on the island of Flores, Indonesia, known for its remarkably small stature and brain size.

"Hobbits"

A nickname for Homo floresiensis, a small-bodied ancient human species discovered on the Indonesian island of Flores.

Foramen Magnum

A large opening in the base of the skull through which the spinal cord passes to connect to the brain.

Spinal Cord

In vertebrates, the dorsal, tubular nerve cord.