An irrevocable letter of credit ________. A) is issued by a global credit agency B) is the basis ...

Author Question: An irrevocable letter of credit ________. A) is issued by a global credit agency B) is the basis ... (Read 134 times)

biggirl4568

Hero Member
Posts: 551

on: Jul 7, 2018

An irrevocable letter of credit ________.

A) is issued by a global credit agency
B) is the basis for multilateral credit netting
C) can be amended only if all parties involved agree
D) obligates the exporter's bank to pay interest to the importer

Question 2

________ operates under bureaucratic law.

A) England
B) Mexico
C) Iran
D) China

International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9^th Edition

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nguyenhoanhat

Sr. Member
Posts: 332

Reply #1 on: Jul 7, 2018

Answer to Question 1

C

Answer to Question 2

D

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