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Trade Finance 101

Authored by Gordon Tan

Geography

University

Used 1+ times

Trade Finance 101
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of global trade is reliant on trade and supply chain finance?

50%

95%

70%

80%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one example of an asset that can be used in trade finance?

Mobile phone

Purchase order

House

Car

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What can trade finance enable a business to do?

Grow faster

Reduce risk

Increase efficiency

Reduce profit margins

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these does not need to be provided by a company to get trade finance?

Financial forecasts

Credit reports

Letters of credit

Audited financial statements

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one benefit of using trade finance for companies?

Strengthen relationships between buyers and sellers

Increase bad debts

Decrease efficiency

Reduce profit margins

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