A letter of credit that is confirmed in the ________ country has the additional advantage of eliminating the problem of ________.

Name: A letter of credit that is confirmed in the ________ country has the additional advantage of eliminating the problem of ________.
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Question

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A letter of credit confirmed in the exporter's country helps eliminate the problem of blocked foreign exchange, ensuring the exporter receives payment without the risk of currency restrictions in the importer's country.

A Letter of Credit That Is Confirmed in the ________