13. As a mode of entry into a foreign market, the cross-border acquisition does not involve which of the following

Select one:

a. offer faster speed over greenfield investment, and can also offer access to proprietary assets.

b. buying an existing foreign business.

c. Cross-border acquisitions of businesses are a politically sensitive issue.

d. cross-border acquisitions produce synergistic gains.

e. building new production facilities in a foreign country.

14. Fill in the gaps: The ________ sends a purchase order to the ________. The ________ applies to his bank for a letter of credit.

Select one:

a. exporter; importer; exporter

b. bank; importer; importer

c. exporter; importer; importer

d. importer; exporter; exporter

e. importer; exporter; importer