« previous next »

Author Question: Different country standards, such as safety regulations, add complexity to whether companies decide ... (Read 35 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jul 7, 2018
Different country standards, such as safety regulations, add complexity to whether companies decide to use a globally standardized product.
 
  Indicate whether the statement is true or false

Question 2

What is a correspondent relationship between banks? What services are performed by correspondent banks?
 
  What will be an ideal response?
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
Buy Test-Bank


frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 7, 2018
Answer to Question 1

TRUE

Answer to Question 2

A correspondent relationship is an agent relationship whereby one bank acts as a correspondent, or agent, for another bank in the first bank's home country, and vice versa. Correspondent banks provide various services including paying or collecting foreign funds, providing credit information, and honoring letters of credit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Wheelchair with safety locks Wheelchair with safety locks
Regulations Guide How Hazardous Wastes Are Handled and Disposed Of Regulations Guide How Hazardous Wastes Are Handled and Disposed Of
It is important that parents repeat safety rules to preschoolers and monitor compliance with rules. It is important that parents repeat safety rules to preschoolers and monitor compliance with rules.
Butterfly systems designed for safety and ease of use. (A) A safety shield slides down over the ... Butterfly systems designed for safety and ease of use. (A) A safety shield slides down over the ...
Whenever a vehicle is raised off the ground, a safety stand should be placed under the frame, axle, ... Whenever a vehicle is raised off the ground, a safety stand should be placed under the frame, axle, ...
Material safety data sheets (MSDS), now called safety data sheets (SDS), should be readily available ... Material safety data sheets (MSDS), now called safety data sheets (SDS), should be readily available ...
Video: Neuron Type Animation

For a complete list of videos, visit our video library