What is the advantage of letter of credit?

Related MCQs

• What is advantage of documentary collection?
• Which theory holds that nations should produce those goods for which it has the greatest relative advantage?
• Eligible exporters shall be issued rewards in the form of duty credit scrips based on the net foreign exchange earned
• To accelerate exports and encourage technological up gradation, additional Duty Credit Scripts are being given to Status Holders @ ---------of the FOB value of past exports.
• The --------------is the premier organization in the country, which offers credit risk insurance cover to exporters, banks, etc.
• Eligible exporters shall be issued rewards in the form of duty credit scrips based on the net foreign exchange earned