Letters of credit are popular among traders because ________ assume most of the risks.
A) traders
B) importers
C) exporters
D) banks

Name: Letters of credit are popular among traders because ________ assume most of the risks. A) traders B) importers C) exporters D) banks
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Letters of credit involve a bank guaranteeing payment to the exporter on behalf of the importer. As a result, banks assume most of the risks, making it a popular choice among traders.

Letters of Credit Are Popular Among Traders Because ________ Assume