Please all questions answers Which of the following statement is INCORRECT about risk and consequence ininternational tradeA large firm has more exposure in a $10,000 transaction than a small firm.The risk of non-payment is the probability of not getting paid or of being paidlateThere are commercial and country risks.is a proprietary electronic system that facilitates internationalpayments by combiningpayment and document handling.trade cardpurchasing trade systemelectronic draft systempurchasing trade systemis the chance (or probability) of a loss or gain and is not insurable.O Speculative riskObjective riskO Pure riskO Subjective riskWith a purchasing card, the exporter is paid .after the importer signs a draft d. in advancewhen the importer's bank receives the shipment documents) after 30 days

The chance of loss induced by an unfavourable or unpleasant incident in international business…

Which of the following statement is INCORRECT about risk and consequence in international trade A large firm has more exposure in a $10,000 transaction than a small firm. The risk of non-payment is the probability of not getting paid or of being paid late There are commercial and country risks.

Which of the following statement is INCORRECT about risk and consequence in international trade A large firm has more exposure in a $10,000 transaction than a small firm. The risk of non-payment is the probability of not getting paid or of being paid late There are commercial and country risks.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please all questions answers

Which of the following statement is INCORRECT about risk and consequence in
international trade
A large firm has more exposure in a $10,000 transaction than a small firm.
The risk of non-payment is the probability of not getting paid or of being paid
late
There are commercial and country risks.
is a proprietary electronic system that facilitates international
payments by combining
payment and document handling.
trade card
purchasing trade system
electronic draft system
purchasing trade system
is the chance (or probability) of a loss or gain and is not insurable.
O Speculative risk
Objective risk
O Pure risk
O Subjective risk
With a purchasing card, the exporter is paid .
after the importer signs a draft d. in advance
when the importer's bank receives the shipment documents
) after 30 days

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