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Characteristics of confirmed documentary letter of credit

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Reference no: EM133293347

Question

Review the characteristics of a confirmed documentary letter of credit and consider its value to:

1. An exporter in Ghana dealing with an importer in France through BNP Paribas, a major international bank based in France.

2. A transaction involving U.S. exports to Tanzania through the First National Bank of South Africa.

Reference no: EM133293347

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