Consider an Exporter That Is Willing to Send Goods to the Importer

question 64

Multiple Choice

Consider an exporter that is willing to send goods to the importer without a guaranteed payment by the bank. The bank provides a loan to the exporter that is backed by the value of the exported goods. This reflects:

• A) accounts receivable financing.
• B) forfaiting.
• C) factoring.
• D) a letter of credit.

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Definitions:

External Recruitment

The process of seeking and attracting candidates for employment from outside the organization.

Problem Solving

The process of identifying, analyzing, and finding solutions for issues or challenges.

External Recruitment

The process of filling job vacancies with candidates from outside the organization.

Fresh Perspectives

New and innovative ways of looking at or thinking about problems or situations.