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  2. Topic
    Business
  3. Study Set
    International Financial Management
  4. Exam
    Exam 19: Financing International Trade
  5. Question
    A(n)___________ Is an Unconditional Promise Drawn by One Party,instructing the Buyer
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A(n)___________ Is an Unconditional Promise Drawn by One Party,instructing the Buyer

Question 3

Question 3

Multiple Choice

A(n) ___________ is an unconditional promise drawn by one party,instructing the buyer to pay the face amount upon presentation.


A) draft
B) bill of lading
C) trade acceptance
D) letter of credit

Correct Answer:

verifed

Verified

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