The open account method of export/import financing is used when ...

[sc00by25]

The open account method of export/import financing is used when the two parties are unfamiliar with each other.
 
  Indicate whether the statement is true or false

Question 2

In spite of the potential problems with local partners, many firms rush the process of partner selection because ________.
 
  A) they want to reduce the amount spent on establishing subsidiaries abroad
  B) they want to take advantage of the local partner's technological innovations
  C) they mostly aim at increasing the number of equity shares within a short period of time
  D) they are anxious to get into an attractive market

[rachel]

Answer to Question 1

FALSE

Answer to Question 2

D

[sc00by25]

Excellent

[lindahyatt42]

Thanks for the timely response, appreciate it