Traditional business______meant exchange or trade for things people wanted or needed.
Trade ______ for a country to exchange its surplus goods for some services abroad.
A.makes possible
B.takes it possible
C.get it possible
D.makes it possible
( ) are the traditional trade terms frequently used by traders in the world.
A. FOB B. CIF C. FCA D. CFR
World trade flourished after WW II due to______.
A.capital controls
B.fixed exchange rates
C.reduction in trade barriers
D.establishment of WTO
The price in the foreign exchange market is called ______.
A.the trade surplus
B.the exchange rate
C.the money price
D.the currency rate
Which of the following is a traditional method of eliminating the exchange risk?______.
A.Currency borrowing
B.Forward contracts
C.Currency options
D.Currency accounts
World trade flourished after W W Ⅱ due to ______ .
A.capital controls
B.fixed exchange rates
C.reduction in trade barriers
D.establishment of WTO
are the 3 traditional trade terms frequently used by traders in China.
A.CFR
B.CIF
C.CPT
D.FOB
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