Multiple Choice
Which of the following statements is true of export credit insurance?
A) Exporters will require more insurance if a letter of credit is used in transactions.
B) The Foreign Credit Insurance Association provides coverage against commercial risks and political risks.
C) Private associations cannot offer export insurance in the United States.
D) Organizations do not receive coverage against political risks of global trade.
Correct Answer:
Verified
Correct Answer:
Verified
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