International Factoring

question 31

Multiple Choice

International factoring

• A) is more complicated than domestic factoring.
• B) can be used to extend credit beyond what the exporter can normally afford.
• C) often involves factoring firms in both the exporting and importing countries.
• D) All of the above
• E) None of the above

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Definitions:

Union Density Rate

The percentage of workers in a specific area or industry that are members of labor unions.

Voluntarism

The principle or system in which voluntariness is the basis for actions and decisions in an economic or other social system.

Government Policies

Actions or strategies formulated by a government to tackle economic, social, or political issues affecting the country.

Employer Demands

Specific conditions or changes employers seek from employees or unions during negotiations or bargaining processes.