Which of the following is an advantage of having a letter of credit?

A. It allows payment for merchandise after its delivery.

B. It facilitates an exporter to obtain pre-export financing.

C. It allows an exporter to get a higher price for his or her goods.

D. It helps exporters incur lower shipping costs.

E. It does not require the importer to pay any fee.

B

Business

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_________ - can make it difficult to communicate messages across cultures

Fill in the blank(s) with the appropriate word(s).

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Which of the following is a goal of managed care plans?

A) To provide low-cost health care to people who could not ordinarily afford health insurance B) To protect insureds from insolvency of health insurers C) To fight fraud in the insurance business D) To apply financial incentives that reduce the quantity and cost of services

Business