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7. Which of the following is NOT an advantage to the importer of L/C financing? a. any documents required are carefully inspected by clerks with

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7. Which of the following is NOT an advantage to the importer of L/C financing? a. any documents required are carefully inspected by clerks with years of experience b. L/C financing is always cheaper than the alternative financing methods c. the importer using an L/C can usually command better credit terms and/or prices from the exporter an L/C is almost as good as cash in advance d

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