Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A draft method of payment internationally serves which of the following functions? A. a payment method that requires a bank's guarantee B. written evidence of

A draft method of payment internationally serves which of the following functions?

A.

a payment method that requires a bank's guarantee

B.

written evidence of a financial obligation

C.

the most expensive method of trade payment

D.

a conditional and negotiable instrument of payment

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

Trade Ipos Online

Authors: Matthew D. Zito ,Matt Olejarczyk

1st Edition

0471443026, 978-0471443025

More Books

Students also viewed these Finance questions

Question

Have the group had any input to their goal?

Answered: 1 week ago