Multiple Choice
Which of the following statements is false?
A) An order bill of lading carries title to the goods being shipped.
B) There are no foreign offices of U.S. banks in foreign countries.
C) In dealing with a foreign bank, an exporter generally works through a local subsidiary of that bank.
D) The Ex-Im Bank is authorized by Congress.
Correct Answer:

Verified
Correct Answer:
Verified
Q99: A time draft must be paid quicker
Q100: A nation with a relatively lower inflation
Q101: A stronger U.S. dollar generally<br>A) results in
Q102: Foreign exchange markets may be described as<br>A)
Q103: This theory states that a country with
Q105: A sight draft is one that is
Q106: Foreign exchange hedging by a multinational corporation
Q107: The international monetary system consists of institutions
Q108: Purchasing commodities, securities, or bills of exchange
Q109: It is also called the International Bank