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A . Explain the following based on International Trade Finance ( 2 Marks each ) 1 . Explain in detail the importance of Documentary Credits

A. Explain the following based on International Trade Finance (2 Marks each)1. Explain in detail the importance of Documentary Credits and Collections by highlighting its advantages and disadvantages on international trade. 2. Explain in detail complete financial trade cycle of Letter of Credit transaction with various types of Letters of Credits and their advantages and disadvantages on international trade. 3. Explain in detail factors affecting Foreign Exchange Rates and why Investor Confidence important in the current post COVID-19 scenario. 4. Explain in detail Foreign Exchange Risk Assessment platform and the various effective options for managing foreign exchange risks. 5. Explain in detail the importance of TDP (Total Delivered Profit) to determine cost and draw out effective pricing strategy that makes international trade transaction viable.

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