Which of the Following Is an Advantage of a Letter

Multiple Choice

Which of the following is an advantage of a letter of credit for an importer?

A) The importer does not have to pay for the merchandise until the documents have arrived.
B) Obtaining pre-export financing becomes easier.
C) It helps the importer to get goods for a lower price.
D) It results in lower shipping costs.
E) The importer does not have to pay the third party a fee for facilitating the transaction.