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Question
Which of the following is an advantage of a letter of credit for an importer?
A. The importer does not have to pay for the merchandise until the documents have arrived.
B. Obtaining pre-export financing becomes easier.
C. It helps the importer to get goods for a lower price.
D. It results in lower shipping costs.
E. The importer does not have to pay the third party a fee for facilitating the transaction.
Answer
This answer is hidden. It contains 190 characters.
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