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Q:

Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as _______________. 

  • 1
    Inflation
  • 2
    Letter of Credit (L/C)
  • 3
    Laissez-faire
  • 4
    None of the above
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Answer : 2. "Letter of Credit (L/C) "

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