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boland boland
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Posts: 1892
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7 years ago
The disadvantages of a letter of credit to the importer include
A) the fee charged by the exporter's bank for accepting the letter of credit.
B) the exporter's reduced line of credit as a result of the letter of credit.
C) the fee charged by the importer's bank for issuing the letter of credit.
D) All of the above.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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Posts: 1891
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7 years ago
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boland Author
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7 years ago
Upwards Arrow Perfection
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7 years ago
You're welcome Wink Face
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