Multiple Choice
What is the advantage of export credit insurance?
A) A third party will pay a specified sum of money to a beneficiary,normally the exporter,on presentation of particular,specified documents.
B) It will cover losses due to the buyer's insolvency or payment default.
C) It will put the importer in a strong bargaining position.
D) It will provide financing aid that will facilitate exports.
Correct Answer:
Verified
Correct Answer:
Verified
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