Describe the advantages for seller and advantages for buyer. Describe briefly what commercial banks are and what their role.
Unit 5 (P2) International Business. (P2) Explain the types of finance available for international business. Letter of Credit Describe what a letter of credit is. Who will rely on a letter of credit? Why use a letter of credit? Describe the advantages for seller and advantages for buyer. Finally, list other types of letters of […]
