Multiple Choice
In the field of foreign trade, the most common form of credit instrument is the:
A) bankers' acceptance
B) trust receipt
C) sight draft
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q67: International financial markets strongly influence domestic interest
Q79: A draft that is accompanied by an
Q91: An order bill of lading is a
Q102: Foreign exchange markets may be described as<br>A)
Q105: A sight draft is one that is
Q111: Commercial letters of credit are:<br>A)customarily required by
Q112: A stronger U.S.dollar generally<br>A)results in more imports
Q114: Special Drawing Rights are international reserve assets
Q115: The manager of the foreign exchange office
Q117: The Federal Reserve System:<br>A)permits member banks to