menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Business Study Set 5
  4. Exam
    Exam 11: Selecting and Managing Entry Modes
  5. Question
    Letters of Credit Are Popular Among Traders Because Most of the Risks
Solved

Letters of Credit Are Popular Among Traders Because Most of the Risks

Question 90

Question 90

Multiple Choice

Letters of credit are popular among traders because most of the risks are assumed by ________.


A) countertraders
B) importers
C) exporters
D) banks

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: _ occurs when companies employ licensing agreements

Q86: Using a distributor reduces an exporter's risk.

Q88: _ is a company that provides services

Q89: Which of the following can be modified

Q91: Describe briefly the contractual entry modes companies

Q92: When one company is hired to design,construct,and

Q93: Which of the following allows the bank

Q94: _ is a specialist in such export-related

Q95: A company proposes that in exchange for

Q130: Which of the following is NOT true

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines