The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
<h3>
What is International Trade?</h3>
International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
<h3>What is the role of the banks in International Trade?</h3>
Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
<h3>What did a Merchant do?</h3>
Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
Learn more about International Trade on:
brainly.com/question/15115779
#SPJ4
There is only one factor listed here that is internal influeence on a loan's interest and that is the secind one, which is called collateral offered by the borrower. The rest of them are not internal influences, they are a little bit more of external. Hope this works
Classification systems have undergone several changes over a period of time to get proper categorization of the organism.
<h3>What is classification?</h3>
Classification can be told as the difference that can be between the plants and the animals which can be a based on various factors like the cell, discoveries, and the species.
Aristotle gave the first classification. He divided plants into three categories, RBC existence or disappearance was used to categorize animals. The recognized species cannot all be categorized using this technique.
Linnaeus created a two-kingdom categorization. Plant and Animalia are their constituent parts. But, there would have been numerous species that fell outside the realms.
Ernest Henkel divided on the basis of cells into a distinct dynasty, and so created a categorization of three kingdoms.
Copeland divided all prokaryotic creatures into a distinct kingdom called Monera, leading to the development of the Four-Kingdom.
R.H. Whittaker developed a five-kingdom method of categorization in 1969.
Learn more about classification systems, here:
brainly.com/question/1144530
#SPJ4
Answer:
Customer relationship management.
Explanation:
Customer relationship management is a way to deal with deal with a company's collaboration with present and potential customers. It uses information analysis about customers' history with a company to improve business relationships with customers, specifically focusing on customer maintenance and at last driving sales development.
Answer: Vertical integration
Explanation:
vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.
Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.