An irrevocable letter of credit ________. A) is issued by a global credit agency B) is the basis ...

Author Question: An irrevocable letter of credit ________. A) is issued by a global credit agency B) is the basis ... (Read 147 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 ¦ 9^th 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

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.