International trade is more difficult and risky from the exporter's perspective than is domestic trade because:
A) the exporter may not be familiar with the buyer, and thus not know if the importer is a good credit risk.
B) if the merchandise is exported abroad and the buyer does not pay, it may prove difficult, if not impossible, for the exporter to have any legal recourse.
C) political instability makes it risky to ship merchandise abroad certain to parts of the world.
D) All of these.
Correct Answer:
Verified
Q6: The term "countertrade" refers to:
A) many different
Q7: Which of the following financial support mechanisms
Q8: Which forms of countertrade involve immediate use
Q11: A letter of credit is:
A) a guarantee
Q12: The term "forfaiting":
A) means relinquishing, waiving, yielding,
Q12: The three basic documents needed in a
Q13: If the importing bank's acceptance commission is
Q14: A form of barter in which the
Q16: The _ sends a purchase order to
Q18: The _'s bank sends the letter of
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