Multiple Choice
In the field of foreign trade, the most common form of credit instrument is the:
A) commercial loan
B) trust receipt
C) sight draft
D) time draft
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: Economic Risk is the risk associated with
Q23: The Federal Reserve System:<br>A)permits member banks to
Q26: The banker's sight draft provides an exchange
Q29: A banker's sight draft differs from an
Q30: The effect of arbitrage activities in foreign
Q30: The exporter's bank may offer considerable assistance
Q60: _ was created to promote world trade
Q81: The capital account balance includes all foreign
Q95: The Board of Governors of the Federal
Q110: Foreign exchange markets are electronic communication systems