Multiple Choice
A(n) _____ is a payment form where a shipment is held by the importer until the merchandise has been sold, at which time payment is made to the exporter.
A) cash with order
B) confirmed irrevocable letter of credit
C) sight draft
D) time draft
E) consignment
Correct Answer:

Verified
Correct Answer:
Verified
Q12: The CEM stands for:<br>A)cash export manager.<br>B)customs export
Q13: Pick three of the options available to
Q14: Since most world trade is done in
Q15: Piggyback exporting refers to the practice where
Q16: Approximately how many databases (that can be
Q18: A straight bill of lading is negotiable.
Q19: Describe the role the U.S.government plays in
Q20: If an exporter sells for cash, there
Q21: When attempting to identify an appropriate overseas
Q22: For a firm beginning exports for the