The ________'s bank sends the letter of credit to the ________'s bank.After sending the merchandise,the ________ gives the shipping documents and time draft to his bank.
A) importer; exporter; exporter
B) exporter; importer; importer
C) importer; exporter; importer
D) exporter; importer; exporter
Correct Answer:
Verified
Q13: There are several types of countertrade transactions
A)none
Q14: International trade is more difficult and risky
Q15: A time draft can become a negotiable
Q16: The _ sends a purchase order to
Q17: Conducting international trade transactions is difficult in
Q19: A bill of lading
A)is a document issued
Q20: A time draft
A)is a document issued by
Q21: Assume the time from acceptance to maturity
Q22: Assume the time from acceptance to maturity
Q23: Assume the time from acceptance to maturity
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