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 to certain parts of the world.
D) all of the options
Correct Answer:
Verified
Q9: A banker's acceptance is created when
A)a document
Q10: In a consignment sale
A)the importer only pays
Q11: Forfaiting,in which a bank purchases at a
Q12: The three basic documents needed in a
Q13: There are several types of countertrade transactions
A)none
Q15: A time draft can become a negotiable
Q16: The _ sends a purchase order to
Q17: Conducting international trade transactions is difficult in
Q18: The _'s bank sends the letter of
Q19: A bill of lading
A)is a document issued
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