When a small business forges an agreement with a bank that consents to honor a draft or other demand for payment after goods are delivered internationally, the firm receives a
A) international invoice.
B) bill of lading.
C) letter of confirmation.
D) letter of credit.
Correct Answer:
Verified
Q45: For most small businesses, the primary motivation
Q77: Increasingly,small businesses are expanding internationally to
A)obtain raw
Q81: International outsourcing refers to
A) relocating stateside operations
Q82: How should a small business go about
Q83: When an entrepreneur joins an organized trip
Q86: For the small business that wants to
Q87: Describe the role trade intermediaries play in
Q87: Once a product has been shipped internationally
Q88: Most small firms choose to outsource internationally
Q89: Perhaps the greatest barrier to international expansion
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