International Business - International Business Objective Questions

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66:  

By which method, a sum can be transferred from a bank in one country to a bank in another part of the world by cable?

A.	Mail Transfer
B.	Telegraphic Transfer
C.	Bank Drafts
D.	None of the above
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

67:  

Opening by the importer of a credit in favour of the exporter at a bank in the exporter's country, is a distinctive feature of

A.	Foreign bills of exchange
B.	Reimbursement method
C.	Cheque
D.	Bank-Draft
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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