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Currency Transactions Between Nations 7-3 Flashcards | StudBud

Explore/Currency Transactions Between Nations 7-3

Currency Transactions Between Nations 7-3

5 terms·StudBud Administration·8 plays

International Financial Transactions

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Questions 5

Answers

1
What are the Three Types of Payments used for International Business Transaction.
Letter of Credit
Cash in Advance
ALL THE ABOVE
Sale on Account
2
A System in which currency values are based on supply & demand.
Floating Exchange Rate
Credit terms
Bill of Exchange
Capital project
3
The cost of using someone else's money
Interest Rate
Money
Bond
World bank
4
Buying or Selling on Account.
ET
Soft Currency
Trade Credit
letter of Credit
5
Name Two Payment Method and Financial Documents.
Promissory note
Bill of Exchange
Alvin Smith
Bill Of Rights