Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as__

1. Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as__

[Senior Officer 2019 [MCQ] : 2019]

1. Laissezfaire

2. inflation

3. Letter of Credit

4. None of them

Answer

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