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In some businesses, one of the hardest things their credit policy. What are the components of credit policy? If you owned a small business how

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In some businesses, one of the hardest things their credit policy. What are the components of credit policy? If you owned a small business how you you structure your credit policy? Why would you structure it in this way? Give a situational example of when each of the following foreign exchange rates would be used; spot exchange rate, forward exchange rate

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