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1. Explain five important exchange control regulations governing imports 2.

What are the different methods of raising credit for the short term from the international market? 3. What are the concessionary facilities available to exporters for financing their exports from banks? 4. Explain the LC mechanism and the advantages and disadvantages of using LCs 5. Write short notes on any two: a. IMF b. IBRD c. Standby Letter of Credit d. Red Clause Letter of Credit

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