Question
1)Explain in detail the difference between Documentary Letter of Credit and Documentary Collections. Also describe the possible risks and where best used in International Trade.
1)Explain in detail the difference between Documentary Letter of Credit and Documentary Collections. Also describe the possible risks and where best used in International Trade.
2)Identify the 4 Pillars of Trade Finance and give a detailed example of each.
NO PLAG PLEASE
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
