Multiple Choice
The least costly form of claim in foreign exchange is a:
A) banker's sight draft
B) cable order
C) time draft
D) bill of exchange
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Which of the following statements is false?<br>A)The
Q13: An instrument through which a bank retains
Q17: The Export-Import Bank:<br>A)makes loans and offers guarantees
Q18: A flexible exchange rate system in which
Q30: The effect of arbitrage activities in foreign
Q43: The attitude of central banks and commercial
Q63: A trust receipt as used in financing
Q94: A contract for the purchase or sale
Q100: A nation with a relatively lower inflation
Q122: For most of the remainder of the