1. Of U.S. firms with less than 500 employees: (Points : 1) Less than 25% export

Question

1. Of U.S. firms with less than 500 employees: (Points : 1)       Less than 25% export;
      Less than 40% export;
      Less than 5% export;
      Over 50% export.

2. An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a: (Points : 1)       Note Payable,
      Draft;
      Promissory Note;
      Check.

3. A draft payable on presentation to the drawee is a: (Points : 1)       Demand draft;
      Personal draft;
      Presentation draft;
      Sight draft.

4. Agency of the U.S. government whose mission is to provide aid in financing and facilitate exports and imports. (Points : 1)       U.S. Trade Bank;
      Export-Import Bank;
      Exchange Bank;
      Barter Agency.

5. Countertrade 1. Of U.S. firms with less than 500 employees: (Points : 1)       Less than 25% export;
      Less than 40% export;
      Less than 5% export;
      Over 50% export.

Explanation / Answer

. Of U.S. firms with less than 500 employees: (Points : 1)

Over 50% export.

2. An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a: (Points : 1)

Promissory Note;

3. A draft payable on presentation to the drawee is a: (Points : 1)

Personal draft;

4. Agency of the U.S. government whose mission is to provide aid in financing and facilitate exports and imports. (Points : 1)

Exchange Bank;

5. Countertrade

. Of U.S. firms with less than 500 employees: (Points : 1)

Over 50% export.

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