Question: A ___________ is a document the seller draws on the buyer, requiring the buyer to pay the face amount (the purchase price of the goods)
A ___________ is a document the seller draws on the buyer, requiring the buyer to pay the face amount (the purchase price of the goods) either on sight (a sight draft) or on a specified date (a time draft) once the goods are shipped. Select one: a. COD b. Letter of Credit c. Line of Equity d. Bank draft----------------- Hassan is taking his company global on the World Wide Web. He is currently conducting market research on the international market. In the evolution of small businesses going international via the web, Hassan 's company is at which step in the evolutionary process? Select one: a. Step 4 b. Step 3 c. Step 1 d. Step 2-------------------In a ______, two or more AMERICAN small businesses form an alliance for the purpose of exporting their goods abroad. The companies get antitrust immunity and share responsibility for the business equally. Select one: a. export ventures b. foreign joint venture c. trade intermediary d. export management company

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