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  3. Study Set
    Global Business Today Study Set 5
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    Exam 13: Exporting,Importing,and Countertrade
  5. Question
    The Letter of Credit Reduces the Importer's Ability to Borrow
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The Letter of Credit Reduces the Importer's Ability to Borrow

Question 124

Question 124

True/False

The letter of credit reduces the importer's ability to borrow funds for other purposes.

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