Which of the following transactions refers to the purchase of goods or services produced by a company based in one country from sellers that reside in a different country?

The Patent Cooperation Treaty establishes an international mechanism that allows inventors to make a single application for patent protection that is equivalent to making a filing in all member states

Indicate whether the statement is true or false

Suppose you borrowed the money you needed to purchase an automobile and then failed to make a scheduled payment by the due date. Technically, you

A) are bankrupt. B) are in default. C) are usually not given a chance to make good on the overdue payment. D) none of the above