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:

Slobs

People who are messy, disorganized, and tend to neglect cleanliness and order.

Transitional Expression

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Transitional Expression

Words or phrases used to connect ideas or sentences, aiding in a smooth and logical flow of thought.