Which One of the Following Is NOT an Advantage to Exporters

question 32

Multiple Choice

Which one of the following is NOT an advantage to exporters of documentary credits?

• A) It substitutes the creditworthiness of the bank for the importer.
• B) It enhances the probability the exporter will experience delays due to exchange controls.
• C) It requires strict adherence to the terms.
• D) It clearly establishes the acts the exporter must perform in order to receive payment.

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