In Some Cases,the Exporter May Want to Grant Some Credit

question 32

Short Answer

In some cases,the exporter may want to grant some credit terms to the importer but still want some means to ensure it will be paid.In that case,it can request that the bank exchange documentation against a ____________________ draft in which the importer endorses to promise to pay within a certain time period.

Calculate and interpret holding-period returns on investments.

Understand the concept and calculation of expected returns and their standard deviation.

Differentiate between nominal, real, and inflation rates and calculate real rate of return.

Understand and apply the concept of risk premiums.

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Definitions:

Empathy and Support

The capacity to understand and feel what others are experiencing combined with efforts to comfort, assist, or encourage them.

Communication

The process of exchanging information, ideas, thoughts, and feelings between people through verbal, written, or nonverbal means.

Process Consultation

A method in organizational development wherein an external consultant supports a client in understanding and solving their own problems through reflective inquiry and advice.

Quality Circles

Groups of workers who meet regularly to discuss and propose solutions to workplace problems, aimed at improving performance and the work environment.