Under the bond terms in international business, if the exporter fails to fulfill its obligations, the compensation should be paid by ______.
A. the importer's bank
B. the exporter's bank
C. the collecting bank
D. the negotiating bank
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The New York foreign exchange market is a market for exchanging foreign currencies against
A. Right
B. Wrong
C. Doesn't say
"Balance Sheet" means the statement on which a bank's assets and liabilities are listed.
A. Right
B. Wrong
C. Doesn't say
A correspondent bank may supply the following services to other commercial banks:A.keeping
A. Right
B. Wrong
C. Doesn't say
The amount of checks debited against New York banks in October 1982 was 39.27 trillion, which was 42% of the aggregate amount of checks of all the insured banks that month.
A. Right
B. Wrong
C. Doesn't say