Which of the Following Is NOT a Financial Instrument That

question 9

Multiple Choice

Which of the following is NOT a financial instrument that may be included in an international trade transaction?

• A) Letter of Credit
• B) Sight Draft
• C) Order bill of lading
• D) Federal funds transaction

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Definitions:

Adler

Alfred Adler, an Austrian medical doctor and psychotherapist, and founder of the school of individual psychology, known for his concepts of inferiority complex and striving for superiority.

Positive

Refers to emotions, attitudes, or occurrences that are optimistic or beneficial in nature.

Anti-positivistic

A stance or approach in social science that criticizes or rejects the positivist belief in empirically observable, quantifiable facts and the notion that knowledge should only be derived from sensory experience.

Positivistic

Pertaining to positivism, a philosophy that advocates for the empirical and scientific approach to knowledge, emphasizing observable, objective facts.