Which of the following is NOT an advantage to the exporter of L/C financing? A)an L/C eliminates credit risk if the bank that opens it is of undoubted standing B)an L/C reduces the danger that payment will be delayed or withheld due to exchange controls or other political acts C)payment is only in compliance with the L/C's stipulated conditions D)an L/C guards against pre-shipment risks

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The Answer of Which of the following is NOT an advantage to the exporter of L/C financing? A)an L/C eliminates credit risk if the bank that opens it is of undoubted standing B)an L/C reduces the danger that payment will be delayed or withheld due to exchange controls or other political acts C)payment is only in compliance with the L/C's stipulated conditions D)an L/C guards against pre-shipment risks

Which of the Following Is NOT an Advantage to the Exporter