CBSE Class 11-commerce Answered
5.Why does the exporter obtain a letter of credit ?
Asked by sntshtrk530 | 04 Dec, 2017, 08:45: PM
Expert Answer
Exporter obtain a letter of credit because it is the most appropriate and secure method of payment adopted to settle international transactions.
Answered by Tharageswari S | 05 Dec, 2017, 12:04: PM
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