CÂU 50. WHAT DOES PROMPT PAYMENT OF LETTET OF CREDIT DEPEND ON

46. Export credit insurance is very attractive; however, it has certain limitations like …….

A. High premium paid by the exporter

B. Long time waiting for compensation from the insurance company

C. Long time since the buyer fails to pay up to the time the insurance company

compensates the exporter and the inability of covering 100% of the original invoice

price.

D. Refusal from the insurance company to quote premiums due to risky business or

the buyer’s non- creditworthiness.