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6. International Finance/Trade & Supply Chain and the roles of Banks: As an importer of merchandise, you depend upon the sale of the merchandise for
6. International Finance/Trade & Supply Chain and the roles of Banks: As an importer of merchandise, you depend upon the sale of the merchandise for funds to make payment. Although customary terms of sale are 90 days for this type of merchandise, you are not well known to foreign suppliers because of your recent entry into business. Furthermore, your suppliers require almost immediate payment to meet their own expenses of operations. How might the banking systems of the exporter and importer accommodate your situation
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