The insurance policy that covers exporters against commercial and political risk...

Home / Management / International Finance And Treasury / Question

Examveda

The insurance policy that covers exporters against commercial and political risk is.

A. General insurance

B. ECGC

C. Marine insurance

D. Fire insurance

Answer: Option D

Solution (By Examveda Team)

The insurance policy that covers exporters against commercial and political risk is Fire insurance. Under this policy, the insurer covers some of the buyers and in case of any event, pays an agreed percentage of an invoice.

This Question Belongs to Management >> International Finance And Treasury

Join The Discussion

Related Questions on International Finance and Treasury

The world’s four major trading currencies are all free to float against each other. They include all the following except.

A. The British Pound

B. The Japanese Yen

C. The Spanish Peso

D. The US Dollar

View Answer

Not a profit maximizing business is

A. International Monetary Fund

B. International bank for Reconstruction and Development

C. International Financial Corporation

D. World Trade Organisation

View Answer

Gifts and Relief are

A. Merchandise Payment

B. Service Payment

C. Factory Income

D. Transfer payment

View Answer

Nations that have major economic expansion attract

A. Imports

B. Direct Foreign Investment

C. Exports

D. Privatization

View Answer