Multiple Choice
The _____ is a legal document issued by a bank at the importer's (or buyer's) request wherein the importer promises to pay a specified amount of money when the bank receives documents about the shipment.
A) export declaration
B) license
C) letter of credit
D) bill of lading
E) customs invoice
Correct Answer:

Verified
Correct Answer:
Verified
Q93: Multinational companies may purchase a local supplier
Q94: _ is the document by which the
Q95: Due to national security or product scarcity,
Q96: Most companies consider licensing to be a
Q97: The _ created a framework that calls
Q98: _ refers to a contract that specifies
Q99: _ functions like a credit card, but
Q100: Import duties are lower for countries that
Q101: _ is defined as the sale of
Q103: Licensing makes for a flatter world, because