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Following Negotiations on a Transaction Which Result in Use of a Letter

Question 25

Multiple Choice

Following negotiations on a transaction which result in use of a letter of credit for payment,the next step is for the exporter to


A) ship the goods to the importer.
B) ask the advising bank to open a letter of credit.
C) make a security deposit in the issuing bank.
D) All of the above
E) None of the above.

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