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Question
An exporter has to forgo a letter of credit when:
A. competing exporters also require letters of credit.
B. the importer is facing stiff competition from other importers.
C. the exporter is a dominant player in a noncompetitive market.
D. the importer is in a strong bargaining position.
E. he or she knows that the importer will default on payment.
Answer
This answer is hidden. It contains 237 characters.
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