Lack of trust between two parties engaged in international trade is accentuated by:
A)similar preferences as to how the transaction should be configured.
B)narrowing distance between two parties due to technological advances.
C)the problems of using an underdeveloped international legal system to enforce contractual obligations.
D)the possibility of doing business with someone from another country with whom they have been associated for a long time.

Question

Quizplus · Accepted Answer

The lack of trust between two parties is exacerbated by the distance between the two parties-in space,language,and culture-and by the problems of using an underdeveloped international legal system to enforce contractual obligations.

Lack of Trust Between Two Parties Engaged in International Trade