A Typical International Trade Transaction Involves ____________ Steps,with the First

Multiple Choice

A typical international trade transaction involves ____________ steps,with the first step being ____________.

A) 12; an importer placing an order with an exporter asking if the importer would be willing to ship under a letter of credit
B) 12; an importer placing an order with an exporter asking if the exporter would be willing to ship under a letter of credit
C) 14; an exporter placing an order with an importer asking if the exporter would be willing to ship under a letter of credit
D) 14; an exporter placing an order with an importer asking if the importer would be willing to ship under a letter of credit
E) 14; an importer placing an order with an exporter asking if the exporter would be willing to ship under a letter of credit