Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as
A.Letter of Credit (L/C)
B.inflation
C.laissezfaire
D.None of the above
Answer:A
Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as
A.Letter of Credit (L/C) B.inflation C.laissezfaire D.None of the above