________ Is a Specialized Technique to Eliminate the Risk of Nonpayment

question 10

Multiple Choice

________ is a specialized technique to eliminate the risk of nonpayment by importers in instances where the importing firm and/or its government is perceived by the exporter to be too risky for open account credit.

• A)Forfitting
• B)Marketable Bank Shares
• C)Forfaiting
• D)Banker's Acceptances

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Definitions:

Blacks

Refers to people of African descent, often used in the context of discussing racial issues, identity, and experiences, particularly in the United States.

Liberal Internationalism

A foreign policy doctrine that advocates for a world order based on rules, cooperation among nations, and the promotion of democracy, human rights, and economic development.

Moral Imperialism

Refers to the practice of enforcing a nation's perceived ethical standards and values on another country, often through colonialism or foreign policy.

Foreign Policy

A government's strategy in dealing with other nations, including diplomacy, military actions, trade relations, and cultural exchanges.