Author Question: A confirmed letter of credit may obligate the exporter's bank to honor a draft presented to it. ... (Read 13 times)

fbq8i

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A confirmed letter of credit may obligate the exporter's bank to honor a draft presented to it.
 
  Indicate whether the statement is true or false

Question 2

Counterpurchase is sometimes called parallel barter.
 
  Indicate whether the statement is true or false


bfulkerson77

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Answer to Question 1

TRUE

Answer to Question 2

TRUE



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