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boland boland
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7 years ago
In a letter of credit, the bank substitutes its credit for that of the importer and promises to pay if certain documents are submitted to the bank.
A) True
B) False
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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7 years ago
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boland Author
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#2
7 years ago
Woah how do you have the time to do all this?!

Thanks Smiling Face with Open Mouth
wrote...
#3
7 years ago
Happy to help Smiling Face with Open Mouth
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