« previous next »

Author Question: An irrevocable letter of credit ________. A) is issued by a global credit agency B) is the basis ... (Read 120 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jul 7, 2018
An irrevocable letter of credit ________.
 
  A) is issued by a global credit agency
  B) is the basis for multilateral credit netting
  C) can be amended only if all parties involved agree
  D) obligates the exporter's bank to pay interest to the importer

Question 2

________ operates under bureaucratic law.
 
  A) England
  B) Mexico
  C) Iran
  D) China
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
Buy Test-Bank


nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

The phases and ionic basis of an action potential. The phases and ionic basis of an action potential.
A Global Bloom: Cities With Over One Million Residents A Global Bloom: Cities With Over One Million Residents
Global Warming: Trends and Tensions Global Warming: Trends and Tensions
Global Links: African Slave Trade Global Links: African Slave Trade
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library