Which of the Following Is Not a Trade Financing Method

question 69

Multiple Choice

Which of the following is not a trade financing method used in international trade from an exporter's perspective?

• A) Accounts receivable financing
• B) Letter of credit
• C) Barter
• D) Open account

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Definitions:

Annapolis Convention

A convention held in 1786 to address weaknesses in the Articles of Confederation that led to the drafting of the U.S. Constitution.

Delegates

Representatives who are chosen or elected to attend and vote at a conference or convention on behalf of a group.

Three-Fifths Compromise

An agreement made during the 1787 United States Constitutional Convention that counted three out of every five slaves as a person for the purposes of taxation and representation in Congress.

Representation

The action of speaking or acting on behalf of someone or the state of being so represented.