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A(n)________ Is Guaranteed by Both the Exporter's Bank in the Country

Question 27

Multiple Choice

A(n) ________ is guaranteed by both the exporter's bank in the country of export and the importer's bank in the country of import.


A) confirmed letter of credit
B) transferrable letter of credit
C) revocable letter of credit
D) irrevocable letter of credit

Correct Answer:

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