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. laissezfaire
C. inflation
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. laissezfaire C. inflation D. None of the above