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What is the economic function of a bank

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Problem 1: What is a Letter of Credit? Write down the types of letter of credit. with example

Problem 2: What is the economic function of a bank? Describe how globalisation and technology affect banks today? With example

Problem 3: Suppose you are a student of Army IBA, savar. Sometimes you spend your class time doing a part-time job. What is the opportunity cost here? In which factors opportunity costs of funds depends? With example

Reference no: EM132911569

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What is the economic function of a bank : Suppose you are a student of Army IBA, savar. Sometimes you spend your class time doing a part-time job. What is the opportunity cost here?
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