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Author Question: Why is a letter of credit most likely a popular method of payment in export transactions? A) the ... (Read 61 times)

deesands

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on: Jul 7, 2018
Why is a letter of credit most likely a popular method of payment in export transactions?
 
  A) the process is simple and banking officials are in control
  B) the method requires a limited amount of documentation
  C) the exporter bills customers with strong credit ratings
  D) the interests of the seller and buyer are protected simultaneously

Question 2

A focal firm's relocation of its manufacturing facility to a foreign country is known by which of the following terms?
 
  A) offshoring
  B) captive sourcing
  C) outsourcing
  D) subsidizing


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lin77x

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Reply #1 on: Jul 7, 2018
Answer to Question 1

D

Answer to Question 2

A


deesands

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Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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