Which of the following can the exchange permit stipulate?
A) The quantity of goods that can be exchanged for a particular sum of foreign currency
B) The number of parties that can be involved in an exchange transaction
C) The amount to be exchanged to be deposited in a local bank
D) The parties involved to declare collaterals to avail of exchange permits
E) The number of times one party can avail of exchange permits

Question

Quizplus · Accepted Answer

The exchange permit may stipulate that the amount to be exchanged must be deposited in a local bank for a set period prior to the transfer of goods.

Which of the Following Can the Exchange Permit Stipulate