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A construction company in Zimbabwe is interested in purchasing escalators for an airport expansion in Harare. An American company has bid on the project and

A construction company in Zimbabwe is interested in purchasing escalators for an airport expansion in Harare. An American company has bid on the project and appears to likely win the bid. However, given the political and economic instability in Zimbabwe, the American company is concerned about the risk of not being paid. How would a Letter of Credit address these risks for the American company

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