MCQOPTIONS
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| 1. |
What do well can an arrangement whereby anissuing bank at the request of the importer (Buyer) undertakes to make payment to the exporter (Beneficiary) against stipulated documents? |
| A. | bill of exchange |
| B. | letter of exchange |
| C. | letter of credit |
| D. | bill of country |
| E. | None of these |
| Answer» D. bill of country | |