Question: 10. A banker's acceptance is A) A time draft drawn on the exporter's bank B) A method to help importers evaluate the creditworthiness of exporters

 10. A banker's acceptance is A) A time draft drawn on

10. A banker's acceptance is A) A time draft drawn on the exporter's bank B) A method to help importers evaluate the creditworthiness of exporters ) A liability of the importer and the importer's bank D) Not salable in the secondary market E) For greater than 1 year maturity

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