A ____ is the instrument normally used in international commerce to effect payment.
A) bill of lading
B) letter of credit
C) draft
D) countertrade
Correct Answer:
Verified
Q73: The _ is issued to the exporter
Q74: As a document of title, a _
Q75: _ occurs when a firm agrees to
Q76: The main attraction of _ is that
Q77: Which of the following statements is true
Q79: _ is viewed as the most restrictive
Q80: The Export-Import Bank
A) is an international financial
Q81: Describe the 14 steps in a typical
Q82: The main attraction of _ is that
Q83: Which of the following is a major
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