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  3. Study Set
    International Financial Management Study Set 1
  4. Exam
    Exam 19: Financing International Trade
  5. Question
    A ____ Is an Unconditional Promise Drawn by One Party
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A ____ Is an Unconditional Promise Drawn by One Party

Question 43

Question 43

Multiple Choice

A ____ 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

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