alleryStart learning →What is trade finance mainly meant to do?
AReplace national currencies
BSet import duty rates
CMake international trade easier
DFix global interest rates
Answer & Solution
Correct answer: C. Make international trade easier
Trade finance covers strategies, usually provided by banks as intermediaries, that make trade transactions easier to complete.
Keep practising International Working Capital Management
Browse all International Working Capital Management questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
In a multilateral net settlement system, how does each participant settle?What is the primary objective of netting in financial markets?When does close-out netting normally operate?What does positive pay reduce?What does a lockbox service help a company do?Which bank service moves surplus balances into a money market fund overnight?Which technique converts debtors to cash in short-term financing?Which firm policy directly affects the cash conversion cycle by governing sales on credit?