Multiple Choice
A _____ is simply an order written by an exporter instructing an importer to pay a specified amount of money at a specified time.
A) bill of lading
B) draft
C) letter of credit
D) barter
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: _ occurs when a third-party trading house
Q19: When a firm agrees to purchase a
Q20: By expanding the size of the market,exporting
Q21: The mission of the _ is to
Q22: Simple ignorance of potential opportunities is a
Q24: Faced with complexity and diversity,firms sometimes hesitate
Q25: What are the pros and cons of
Q26: _ is an alternative means of structuring
Q27: International trade often occurs between parties who
Q28: When an exporter ships goods to the