A Letter of Credit That Is Confirmed in the ________

question 51

Multiple Choice

A letter of credit that is confirmed in the ________ country has the additional advantage of eliminating the problem of ________.

• A) exporter's; portfolio risk
• B) importer's; blocked foreign exchange
• C) exporter's; blocked foreign exchange
• D) none of the above

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Definitions:

Arrow Keys

Keyboard keys (up, down, left, right) used for moving the cursor or navigating through items on a screen.

Form Design View

An interface in database applications that allows users to create or edit the layout of forms used for entering, displaying, and editing data.

Change Shape

A feature in many software applications that allows users to alter the geometric shape of objects within documents, presentations, or designs.

Rounded Rectangle

A geometric shape or graphic element featuring a rectangle with rounded corners, commonly used in user interface design.