Font size
WorksheetsInternational Business FInancing
Total questions: 10
Worksheet time: 5mins
How many methods are there of financing for international trade?
(a)
What is an LC?
Letter of Commitment
Letter of Consent
Letter of Credit
Letter of Conversation
Why might a company NOT have to pay upfront?
Long standing business relationship
Bad Debt
Bad Credit
No trust
Does political unrest affect international trading?
yes
no
Which type of financing may exclude certain products or services?
Bank Loans
Export Credits
Letters of Credit
Importer Payment in Advance
Which method of financing carries the lowest risk for the exporter?
Letter of Credit
Export Credit
Importer Pre Payment
Bank Loans
Instead of payment upfront ? Payment might be better for both parties
(a)
If I am buying a product internationally am I an Importer or Exporter.
Importer
Exporter
The currency exchange rate is constantly changing.
True
False
