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A/An _____ Is Issued by the Purchaser's Bank in Conjunction

Question 85

Multiple Choice

A/An _____ is issued by the purchaser's bank in conjunction with an affiliate bank in the seller's country which assures the seller that the funds are in the bank.


A) bill of lading
B) letter of credit
C) Incoterm
D) hedging contract
E) tariff

Correct Answer:

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