The Safest Method Available to an Exporter,but That Which Exposes

question 19

Multiple Choice

The safest method available to an exporter,but that which exposes the importer to some risk related to delivery of goods,is called _____.

• A) payment in advance
• B) a commercial letter of credit
• C) a banker's acceptance
• D) a syndicate
• E) a bond rating

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Definitions:

Slogans

Short, memorable phrases designed to encapsulate and promote the ideals, goals, or products of an entity.

Recency Effect

An effect that occurs when recently encountered information primarily influences attitudes (e.g., a commercial viewed just before shopping influences a shopper’s choices).

Primacy Effect

The idea that what we learn early colors how we judge subsequent information.

Delay

The act of postponing or slowing something down, causing it to occur later than previously planned or expected.