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Category > Business & Finance Posted 08 Jun 2017 My Price 9.00

My questions come from Business Finance Course book on Chapter 6

Question description

 

 

My questions come from Business Finance Course book on Chapter 6 International Finance and Trade

Exercise Questions

2. Explain the concept of “balance” as it relates to a nations balance of payments.

3. As an exporter of expensive electronic equipment, you have a substantial investment in the merchandise that you ship. Your foreign importers are typically small or medium size firms without a long history of operations. Although your terms of sales require payment upon receipt of the merchandise, you are concerned about the possible problem of nonpayment and the need to reclaim merchandise that you have shipped. How might the banking system assist and protect you in this situation?

4. As an importer of merchandise, you depend on the sale of the merchandise for funds to make payment. Although customary terms of sale are ninety days fir this type of merchandise, you are not well-known to foreign suppliers because of your recent entry into business. Furthermore, your suppliers require almost immediate payment to meet their own expenses of operations. How might the banking systems of the exporter and importer accommodate your situation?

 

Answers

QuickHelper
(10)
Status NEW Posted 08 Jun 2017 08:06 PM My Price 9.00

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