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    Global Business Today Study Set 6
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    Exam 14: Exporting, Importing, and Countertrade
  5. Question
    A Letter of Credit May Reduce an Importer's Ability to Borrow
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A Letter of Credit May Reduce an Importer's Ability to Borrow

Question 37

Question 37

True/False

A letter of credit may reduce an importer's ability to borrow funds for other purposes.

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