International Trade Paper 3

1

From the sellerís perspective, the least risky form of payment in international trade is






2

An exporter delivers goods to a retailer for sale to the public. If the exporter is paid only after sale to third parties, the arrangement is a(n)






3

The method of financing international trade that necessarily involves sale of medium- to long-term receivables is






4

A bankerís acceptance is






5

Which of the following is a form of barter?






6

Cross-border factoring involves






7

XCo is an American company that wants to sell widgets to DCo, a Danish Corporation. XCo is unsure about DCoís ability to pay. XCo should






8

Which of the following is false concerning a bill of lading?






9

Which of the following statements is true with respect to international transfer pricing by a U.S. firm?






10

A firm ships its product to a foreign subsidiary and charges a price that may increase import duties but lower the income taxes paid by the subsidiary. The most likely reason for these effects is that the






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