The term "forfaiting"
A) means relinquishing,waiving,yielding,and penalty.
B) is a type of medium-term trade financing used to finance the sale of capital goods.
C) involves the sale of promissory notes signed by the importer in favor of the exporter,who might sell the notes at a discount from face value.
D) is a type of medium-term trade financing used to finance the sale of capital goods,and involves the sale of promissory notes signed by the importer in favor of the exporter,who might sell the notes at a discount from face value.
Correct Answer:
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A)the
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