Question: What import / export document is issued by the importer's bank to guarantee the exporter will get paid once it proves shipment of the proper

What import/export document is issued by the importer's bank to guarantee the exporter will get paid once it proves shipment of the proper goods?
Multiple choice question.
Commercial invoice
Validated export license
Irrevocable letter of credit
Certificate of origin

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!