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In a Letter of Credit Transaction, the Importer Secures the Letter

Question 42

Multiple Choice
In a letter of credit transaction, the importer secures the letter of credit
A) before product shipment.
B) after product shipment.
C) from the exporter's bank.
D) after receiving the product.

In a letter of credit transaction, the importer secures the letter of credit


A) before product shipment.
B) after product shipment.
C) from the exporter's bank.
D) after receiving the product.

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