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  3. Study Set
    Multinational Financial Management Study Set 1
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    Exam 18: Financing Foreign Trade
  5. Question
    Most L/Cs Issued in Connection with Global Trade Transactions Are
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Most L/Cs Issued in Connection with Global Trade Transactions Are

Question 27

Question 27

Multiple Choice

Most L/Cs issued in connection with global trade transactions are


A) documentary
B) clean
C) revocable
D) created by a combination of a buyer and a seller alone

Correct Answer:

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