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    Business
  3. Study Set
    International Financial Management
  4. Exam
    Exam 19: Financing International Trade
  5. Question
    A Bank Will Be Willing to Create a Letter of Credit
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A Bank Will Be Willing to Create a Letter of Credit

Question 10

Question 10

True/False

A bank will be willing to create a letter of credit on behalf of an importer only if it trusts the importer's creditworthiness.

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