Finance is required by the exporters even after the shipment of product.

True

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False

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Solution

The correct option is A True
Finance is required by the exporter even after the shipment of the product as the exporter has to pay for the various licensing and custom duties when the goods reach their destination in the foreign market.

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Similar questions

What is pre-shipment finance?

___ finance is a finance which the exporter needs to procure raw materials, processing and packaging them and finally transporting the consignment.

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