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Define Incoterms. Explain the importance of Incoterms in International Trade. Define each Incoterm, with its pros and cons for buyer and seller. Define the following

Define Incoterms. Explain the importance of Incoterms in International Trade. Define each Incoterm, with its pros and cons for buyer and seller. Define the following with examples: Short term financing. Medium term financing Long term financing List the tools/ financial instruments that are used for : Short term financing. Medium term financing Long term financing

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