Which one of the following is not descriptive of letters of credit?
A) Irrevocable versus revocable
B) Instant versus prolonged
C) Confirmed versus unconfirmed
D) Frequently used
Correct Answer:
Verified
Q48: Which of the following does not apply
Q49: What is not a reason for countertrade?
A)The
Q50: The International Chamber of Commerce accepted standard
Q51: Which of the following is not considered
Q52: _ pricing, or intracorporate pricing, is the
Q53: The most favourable term to the exporter
Q55: A more refined form of barter, aimed
Q56: Destination-specific adjustment of mark-ups in response to
Q57: What factors should be considered when assessing
Q58: Which of the following is not a
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