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A banker's acceptance is: A banker's acceptance is: a liability of the importer and the importer's bank. for a maturity of greater than one year.

A banker's acceptance is:

a liability of the importer and the importer's bank.

for a maturity of greater than one year.

a method to help importers evaluate the creditworthiness of exporters.

an add

-

on instrument.

a time draft drawn on the exporter's bank.

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