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The Exchange Permit Can Stipulate

Question 109

Multiple Choice

The exchange permit can stipulate:


A) the quantity of goods that can be exchanged for a particular sum of foreign currency.
B) the number of parties that can be involved in an exchange transaction.
C) the amount to be exchanged to be deposited in a local bank for a set period.
D) the parties involved to declare collaterals to avail of exchange permits.
E) the number of times one party can avail of exchange permits.

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