Which of the Following Is True with Respect to the International

question 24

Multiple Choice

Which of the following is true with respect to the international and domestic practices of settling trade transactions?

• A)In an international transaction,a formal promise to pay is required before the buyer can obtain the merchandise.
• B)In an international transaction,the seller usually ships merchandise on an open account.
• C)In a domestic transaction,a draft is used to settle trade transactions.
• D)In an international transaction,the exporter sends a commercial invoice that specifies the amount due and the terms of payment to the importer.
• E)In an international transaction,there is more trust between the exporter and the importer than in a domestic transaction.

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Definitions:

Psychological Disorders

Patterns of behavioral, cognitive, emotional, or physical symptoms that lead to distress, disability, or impaired functioning.

Functionalism

A perspective in psychology that focuses on the purpose and adaptive functions of human thoughts, feelings, and behaviors.

Gestalt

A psychological theory that proposes organisms perceive entire patterns or configurations, not merely as individual components.

Structuralist

Structuralism is an approach in fields such as psychology which posits that elements of human culture must be understood in terms of their relationship to a larger, overarching system or structure.