Multiple Choice
The three basic documents needed in a foreign trade transaction are
A) letter of credit,time draft,and proof of inspection.
B) letter of credit,time draft,and a bill of lading.
C) letter of credit,bill of lading,and insurance.
D) time draft,bill of lading,and a pro forma statement.
Correct Answer:

Verified
Correct Answer:
Verified
Q42: The term "countertrade" refers to<br>A)many different types
Q43: There are several types of countertrade transactions<br>A)none
Q44: Assume the time from acceptance to maturity
Q45: Countertrade transactions<br>A)are included in official trade statistics.<br>B)are
Q46: The time from acceptance to maturity on
Q48: The time from acceptance to maturity on
Q49: The Export-Import Bank provides competitive assistance to
Q50: The time from acceptance to maturity on
Q51: Assume the time from acceptance to maturity
Q52: Assume the time from acceptance to maturity