The best method of making payment to an overseas supplier is by
bankdraft
bill of exchange
travellers cheque
letter of credit
certified cheque
Correct answer is D
No explanation has been provided for this answer.
Certificate of origin
Open-indent
Bill of Lading
Ships manifest
Bill of entry
Correct answer is C
No explanation has been provided for this answer.
A trade in which many countries exchange goods and services is called?
bilateral trade
entrepot trade
economic union
multilateral trade
counter trade
Correct answer is D
No explanation has been provided for this answer.
LOCO
F.O. R
F.A.S
C.I.F
C.F
Correct answer is A
No explanation has been provided for this answer.
Which of the following is classified as invisible item in_the balance of payments?
Export of goods
import of machinery
1 Gifts
Sale of assets
Salaries of expatriates
Correct answer is E
No explanation has been provided for this answer.