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    Multinational Financial Management Study Set 1
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    Exam 18: Financing Foreign Trade
  5. Question
    When a Letter of Credit Is Unconfirmed,the Obligation to Provide
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When a Letter of Credit Is Unconfirmed,the Obligation to Provide

Question 28

Question 28

Multiple Choice

When a letter of credit is unconfirmed,the obligation to provide credit belongs to


A) the exporter
B) the opening bank
C) the importer
D) the customs agents

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