In a typical forfaiting agreement the importer and exporter agree between themselves on a series of imports to be paid for over a period of time, typically three to five years.

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The given statement is true because in a typical forfaiting agreement, the importer and exporter agree between themselves on a series of imports to be paid for over a period of time, typically three to five years.

In a Typical Forfaiting Agreement the Importer and Exporter Agree