For an Importer,which of the Following Is a Disadvantage of Using

question 112

Multiple Choice

For an importer,which of the following is a disadvantage of using a letter of credit for international transactions?

• A)It results in the importer losing control over the process of trading.
• B)It reduces the exporter's level of trust in the importer.
• C)It reduces the importer's ability to borrow funds for other purposes.
• D)It requires the importer to repay the loan even before the merchandise is sold.
• E)It is not issued at the importer's request.

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Definitions:

Sentences

Sentences are structured groups of words that express clear statements, questions, commands, or exclamations, serving as the basic building blocks of language and communication.

Protodeclarative

A form of pointing or showing by infants, used to direct the attention of others to objects or events, serving a declarative communicative function.

Conversational

Relating to or characteristic of informal spoken exchange or dialogue.

Referring

The act of directing someone to a different source or authority for information, help, or action.