AFP
CTP · Question #755
(Topic 8) international distributor. To support this activity, the company arranges for export financing because:
The correct answer is D. the interest rate is lower than rates available from commercial sources. See the full explanation below for the reasoning.
Question
- (Topic 8)
international distributor. To support this activity, the company arranges for export financing because:
Options
- Athe currency of the financing is different from the currency of the activity being financed.
- Bthe time required to obtain approval is less than for commercial financing.
- Cno government involvement is required.
- Dthe interest rate is lower than rates available from commercial sources.
How the community answered
(46 responses)- A11% (5)
- B2% (1)
- C7% (3)
- D80% (37)
Community Discussion
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