Who is issue commercial paper for MNCs without the backing of an underwriting syndicate, so the issuer is not guaranteed a selling price?

a.

broker

b.

firms

c.

market maker

d.

Dealers

---------------------is a binding financial obligation, so the exporter could file a lawsuit to try to collect the amount owed if the importer does not pay.

a.

Accounts Receivable Financing

b.

Letters of Credit

c.

A draft

d.

Factoring