LC is the safest LC in export business.

Related MCQs

• One star export house has to achieve export performance of FOB worth _________ US dollar million during the current year and previous 2 year.
• refers to export trade for which export proceeds are received in form of other products in exchange of forex.
• ________ is the safest method of payment in international trade.
• Product promotion in export business is mainly done through .
• is a longer channel of distribution in export business.
• distribution channel reduces per unit cost of the product in export business.
• covers financial risks in export business.
• is the most convenient and cost effective mode of transport in export business.
• gives title to the goods in export business.
• _________ characteristics influence the choice of distribution channels in export marketing.