Letters of credit are popular among traders because most of the risks are assumed by ________.
A)distributors
B)importers
C)exporters
D)banks

Name: Letters of credit are popular among traders because most of the risks are assumed by ________. A)distributors B)importers C)exporters D)banks
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Banks assume most of the risks associated with letters of credit, such as non-payment or delivery of goods. This makes it a popular choice for traders who want to reduce their financial risks.

Letters of Credit Are Popular Among Traders Because Most of the Risks