Multiple Choice
When a time draft is presented to a drawee, the company signifies acceptance of it by
A) delivering the goods immediately.
B) paying the draft amount immediately.
C) providing a collateral for the amount specified in the bill.
D) writing or stamping a notice of acceptance on its face.
E) selling the draft to an investor at a discount from its face value.
Correct Answer:
Verified
Correct Answer:
Verified
Q76: A buying agreement where the exporting country
Q77: Compare and contrast the experience of exporting
Q78: What is a characteristic of countertrade?<br>A) The
Q79: What is an accurate assessment when comparing
Q80: Firms engaged in international trade deal with
Q82: One way the U.S. Department of Commerce
Q83: An offset agreement limits the flexibility to
Q84: Countertrade arose in the 1960s as a
Q85: What is an advantage of having a
Q86: What is a disadvantage of barter as