The Terms of Payment Between the Exporter and Importer Are

question 82

Multiple Choice

The terms of payment between the exporter and importer are a matter of negotiation and depend on a variety of factors. All of the following might be on that list of
Factors EXCEPT:

• A) the buyer's credit standing.
• B) the seller's reputation.
• C) the amount of the sale transaction.
• D) the risks associated with the type of merchandise to be shipped.
• E) the usual practice in the trade.

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Definitions:

Cross-Classification Table

A table used to display the frequency distribution among variables, showing how many times each combination of variable categories occurs.

Relative Frequencies

The proportion of times that a certain event occurs relative to the total number of outcomes.

Cross-Classification Table

A table that displays the frequency distribution of two or more categorical variables.

Nominal Variables

Variables that represent categories with no intrinsic ranking or order.