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    International Business Study Set 3
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    Exam 15: Exporting,Importing,and Countertrade
  5. Question
    When Conventional Means of Payment Are Difficult,costly,or Nonexistent,a Firm Is
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When Conventional Means of Payment Are Difficult,costly,or Nonexistent,a Firm Is

Question 96

Question 96

Multiple Choice

When conventional means of payment are difficult,costly,or nonexistent,a firm is more likely to use:


A) a letter of credit.
B) a time draft.
C) countertrade.
D) a sight draft.

Correct Answer:

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