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Letters of credit are advantageous for a seller because they Blank______. Multiple choice question. increase the seller's profit margin by shortening the distribution channels facilitate
Letters of credit are advantageous for a seller because they Blank______. Multiple choice question. increase the seller's profit margin by shortening the distribution channels facilitate export by valuing the buyer's currency higher than the seller's shift the risk of a buyer's payment to a bank that issues them enable skimming policies to be used
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