Top Posters
Since Sunday
6
o
5
5
b
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
boland boland
wrote...
Go to Answer
Posts: 1892
Rep: 16 0
8 years ago
When a confirmed letter of credit is used, the exporting firm gains because
A) the firm can sell against the promise of a local bank rather than a firm.
B) the time involved in shipping is generally reduced.
C) the exporting firm is considered of higher risk.
D) the government in effect subsidizes shipping costs.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
Read 168 times
3 Replies
Replies
Answer verified by a subject expert
noxx53noxx53
wrote...
#1
Top Poster
Posts: 1891
Rep: 43 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

boland Author
wrote...
#2
8 years ago
Upwards Arrow Perfection
wrote...
#3
8 years ago
You're welcome Wink Face
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1053 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 321
  
 337
  
 352
Your Opinion
How often do you eat-out per week?
Votes: 80
Previous poll results: Which country would you like to visit for its food?