In ____, a bank arranges to fund a loan to pay the exporter instead of charging the importer's account immediately.
A) refinancing of a sight letter of credit
B) a banker's acceptance
C) a short-term bank loan
D) accounts receivable financing
Correct Answer:
Verified
Q7: Which of the following is a reason
Q9: A _ provides a summary of freight
Q10: Which of the following payment terms provides
Q12: With _, the exporter ships the goods
Q13: With _, a bank purchases a receivable
Q14: Which of the following is not a
Q15: Countertrade represents foreign trade:
A) restrictions imposed by
Q16: Who bears the payment risk in a
Q22: According to the text, international trade activity
Q53: The _ was established in 1934 with
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