Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Containerization and shipping has been key factors in the growth of international trade. True False 2) In an export/import transaction which of the following

1) Containerization and shipping has been key factors in the growth of international trade.

True

False

2) In an export/import transaction which of the following is true?

A.

Most transactions are finance in the same currency

B.

Exporters prefer to be paid in advance, while importers prefer to pay after shipment arrives.

C.

Exporters initiate the letter of credit

D.

All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Banker To The World

Authors: William Rhodes

1st Edition

0071704256, 978-0071704250

More Books

Students also viewed these Finance questions

Question

What is one of the guiding principles of the Zero Trust Model?

Answered: 1 week ago

Question

c. What were you expected to do when you grew up?

Answered: 1 week ago

Question

4. Describe how cultural values influence communication.

Answered: 1 week ago

Question

3. Identify and describe nine cultural value orientations.

Answered: 1 week ago