In international commerce, the party initiating a draft is known as the:
A)maker.
B)drawee.
C)buyer.
D)agent.
E)drafter.

Name: In international commerce, the party initiating a draft is known as the: A)maker. B)drawee. C)buyer. D)agent. E)drafter.
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A draft is simply an order written by an exporter instructing an importer, or an importer's agent, to pay a specified amount of money at a specified time. The person or business initiating the draft is known as the maker.

In International Commerce, the Party Initiating a Draft Is Known