Johnson Goods,a U

question 97

Multiple Choice

Johnson Goods,a U.S.company is exporting to Watanabe Trading,a Japanese importer.The two parties agree on a draft,but Watanabe Trading wants it to be a draft that allows for a delay in payment.Watanabe Trading is asking for a(n)

• A)sight draft.
• B)time draft.
• C)bill of lading.
• D)counterpurchase.
• E)offset.

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Definitions:

Sex Ratio

A demographic measure indicating the number of males for every 100 females in a population.

Life Expectancy

The average period that an individual is expected to live, based on statistical averages of age, national health standards, and other factors.

Age-Sex Pyramid

A demographic tool that represents the distribution of a population by age and sex, typically used to illustrate population growth, composition, and potential future changes.

Total Fertility Rate

The average number of children a woman is expected to have during her lifetime, given current birth rates.