A Form of Trade Credit That Is Particularly Useful for International

question 111

Multiple Choice

A form of trade credit that is particularly useful for international transactions is a(n)

• A) trade acceptance.
• B) line of credit.
• C) revolving credit agreement.
• D) open-book credit.
• E) promissory notes.

---

Definitions:

Summary

A concise statement or overview that captures the essential points of a larger piece of writing or speech.

Logical Outgrowth

A development or conclusion that naturally follows from a set of premises or circumstances.

Routine Request

A standard or regular request for information, services, or action, often part of daily operations.

Series Of Questions

A sequence of inquiries designed to gather information, provoke thought, or guide a conversation or investigation.