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Define letters of credit Describe the role of the parties involved in a successful execution of a letter of credit, highlighting the role of

Define letters of credit Describe the role of the parties involved in a successful execution of a letter of credit, highlighting the role of the freight forwarder Describe the advantages of a letter of credit List the risks involved in a letter of credit Describe the steps in a simple unconfirmed letter of credit Interpret terminology and definitions in the UCP 600

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