Answer (C) is correct . Forfaiting is a means of financing international trade, as are cross-border factoring and banker’s acceptances. ADRs are ownership rights in foreign corporations.
Answer (A) is incorrect because Forfaiting is a form of factoring of medium- and long-term receivables.
Answer (B) is incorrect because Cross-border factoring is a means of financing using factors in two different countries.
Answer (D) is incorrect because Banker’s acceptances are a common means of financing international trade.
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