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Business Studies

Obtaining Export License

Why does an e...

Question

Why does an exporter register with the ECGC?

A

To protect overseas payments from commercial risks.

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B

To protect overseas payments from political risks.

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C

To protect overseas payments from commercial and political risks.

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D

None of the above

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Solution

The correct option is C
To protect overseas payments from commercial and political risks.

One of the reasons for an exporter to register with the ECGC: To protect overseas payments from commercial and political risks.

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