Which of the Following Is a Reason Why Commercial Banks

question 49

Multiple Choice

Which of the following is a reason why commercial banks can facilitate international trade?

• A) The exporter may not wish to accept credit risk of the importer.
• B) The government may impose exchange contracts that prevent payment by the importer to the exporter.
• C) The exporter may need financing until payment for the goods is received.
• D) All of the above

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Definitions:

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