Which of the following offers a company the best assurance of being paid for exported goods?

Which of the following offers a company the best assurance of being paid for exported goods?

Which of the following offers a company the best assurance of being paid for exported goods?



A) a letter of credit
B) a "piggyback" arrangement
C) a swap
D) an in-house export organization
E) a certified check


Answer: A) a letter of credit


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