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    Financial System and the Economy Principles
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    Exam 4: Financial Markets, Instruments, and Market Makers
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    Money-Market Instruments Created in the Course of International Trade to Guarantee
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Money-Market Instruments Created in the Course of International Trade to Guarantee

Question 49

Question 49

Multiple Choice

Money-market instruments created in the course of international trade to guarantee bank drafts are called


A) revenue bonds.
B) corporate stocks.
C) bankers' acceptances.
D) commercial paper.

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