econmics
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Title: econmics

Essay Details:

Subject: Business
Author: Linda P
Date: May 15, 2014
Level: University
Grade: A
Length: 2 / 315

Essay text:

Once the importer and bank have completed an acceptance agreement, in which the bank agrees to accept drafts for the importer and the importer agrees to repay any drafts the bank accepts, the importer draws a time draft on the bank. The bank accepts The author, former assistant economist at the Federal Reserve Bank of Richmond, would like to thank Lawrence Aiken of the Federal Reserve Bank of New York, Walker Todd of the Federal Reserve Bank of Cleveland, and Tim Cook and John Walter of the Federal Reserve Bank of Richmond. The views expressed in this article are those of the author and do not necessarily reflect those of the Federal Reserve Bank of Richmond or the Federal Reserve System...

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