An export credit insurance is necessary when the exporter: A. is expo
QUESTION
An export credit insurance is necessary when the exporter:
A. is exposed to the risk that the importer may default on payment.
B. is dealing in a country that has a nonconvertible currency.
C. is unable to obtain any pre-export financing.
D. has received a letter of credit from the importer’s bank.
E. has to enter a barterlike agreement.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.