International Trade Financing
Multiple Choice
Multiple Choice
Set of flashcards Details
| Flashcards | 39 |
|---|---|
| Language | Italiano |
| Category | Micro-Economics |
| Level | University |
| Created / Updated | 20.11.2021 / 22.11.2021 |
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In the following payment methods, which one is the most secure for the exporter?
For the importer, which method of payment is the least secure?
A swift transfer
What does SEPA mean?
In the bill of exchange, there are three actors
There are 4
The drawee participates in the creation of the bill of exchange
The promissory note is issued by the debtor
If a draft is made to bearer, payment should be made to ________.
Which of the following is not a condition for bills of exchange to be negotiable?
How many actors are there in a documentary collection?
The first phase of globalization started around 1870 and ended with...
IBRD (International Bank for Reconstruction and Development) also known as
Ultimately ______ was replaced by the ______ on January 1, 1995.
______ is the payment method most often used in International Trade which offers the exporter the best assurance of being paid for the products sold internationally.
NAFTA stands for
NAFTA is an example of
Which one(s) of the following risks is not a commercial risk?
A confirming bank pays the exporter
In a document collection, which bank is the exporter's bank?
Which one of the following is not a payment instrument?
An irrevocable and confirmed documentary credit is the commitment to pay of
A realization at sight involved a payment
The issuing bank is the bank
An irrevocable and notified documentary credit provides for the first payment of
The expiry date of a documentary credit represents the end of
Which is the notifying bank?
In a documentary collection, banks are playing the role of
The swift network is a network
The acceptance of a bill of exchange represents
A SEPA credit transfer works
The working capital components for trade are
Which one(s) of the following formulae determines the exporter's working capital financing requirements?
The share of exports in a company's turnover
Short-term financing techniques may be
Factoring and forfeiting are
The amount of discount when presented for collection of a bill of exchange amount 1'000 EUR on July 1, with discounting rate 8%, date of invoice June 10, 30 days credit, is:
Factoring allows an exporter
A supplier credit is
A buyer credit is a loan granted by the seller's bank to
