A draft is simply an order written by an exporter instructing an importer to pay a specified amount of money at a specified time.
Correct Answer:
Verified
Q6: Hiring an export management company (EMC) will
Q7: The bill of lading can function as
Q8: Nearly every state in the United States
Q9: Time drafts cannot be sold to investors
Q10: U.S. organizations can get financing aid from
Q12: Lack of knowledge is one of the
Q13: The bill of lading does not serve
Q14: Exporters often face voluminous paperwork and complex
Q15: Proactive firms do not consider exporting until
Q16: A sight draft allows for a delay
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