You want to understand the mechanisms for financing exports and imports as they relate to your business,which has never before exported or imported any goods (you have operated completely within your own province).Your company is small,at fewer than 25 employees,but you hope that it will grow substantially in the future.
Describe the financing mechanism known as the draft (or bill of exchange).

Question

Quizplus · Accepted Answer

The Answer of You want to understand the mechanisms for financing exports and imports as they relate to your business,which has never before exported or imported any goods (you have operated completely within your own province).Your company is small,at fewer than 25 employees,but you hope that it will grow substantially in the future.
Describe the financing mechanism known as the draft (or bill of exchange).

You Want to Understand the Mechanisms for Financing Exports and Imports