A confirmed letter of credit is a letter in which a bank explicitly confirms the credit in writing on the letter itself.
Correct Answer:
Verified
Q60: In international exporting,what type of license applies
Q61: The most secure financing document for exporters
Q62: Direct exporting and export marketing represent two
Q63: Most companies choose either market concentration or
Q64: A foreign sales subsidiary offers little authority
Q66: Brokers work to bring buyers and sellers
Q67: A document against acceptance refers to drafts
Q68: Validated export licenses apply to products that
Q69: The export license is one of the
Q70: Export commission houses represent foreign buyers in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents