General conditions of the macro environment can be characterized after PESTL analysis and an

assessment of globalization have been completed.

Indicate whether the statement is true or false

TRUE

Business

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Which of the following completely eliminates the risk of nonpayment by an importer or a bank in an international transaction?

A) documentary credit (letter of credit) B) documentary collection C) cash in advance D) sales on open account E) draft

Business

Which of the following is a traditional sellers' right?

A) the right to create a monopoly in the market B) the right to acquire competitors to prevent competition C) the right to promote any product to any audience D) the right to add additional taxes if necessary E) the right to introduce any product in any size and style

Business