What is the name for export/import financing in which the importers bank issues a letter pledging to

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What is the name for export/import financing in which the importer’s bank issues a letter pledging to pay the exporter when the exporter fulfills the terms listed in the letter?

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International Business The Challenges Of Globalization

ISBN: 9781292450315

10th Global Edition

Authors: Kenneth Wild

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Question Posted: Mar 14, 2024 11:01 PM

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What is the name for export/import financing in which the importers bank issues a letter pledging to

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Answer Letter of Credit LC A Letter of Credit LC is the name for exportimport financing in which the ...View the full answer

International Business The Challenges Of Globalization

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