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In Chapter 20, we introduced the process of a typical international trade. a) Explain what these following documents are: Letter of Credit, Bill of Lading,

In Chapter 20, we introduced the process of a typical international trade. a) Explain what these following documents are: Letter of Credit, Bill of Lading, and Bankers Acceptance. b) How can an exporter make sure that he/she will receive the payment? c) How can the bank make sure that the bank will receive the payment? d) How can the importer get the goods he/she ordered?

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