The sight draft specifies that the bank will pay a specified sum of money to the exporter upon the presentation of specified documents.
Correct Answer:
Verified
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Q18: A big impediment to exporting is the
Q19: One of the reasons for the lack
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Q23: Time drafts are negotiable instruments.
Q24: The mission of the Eximbank is to
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Q27: Unless there is no alternative,large,diverse multinational enterprises
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