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Explain the flow of goods and paper work in Diagram on Page 74 Ed. 10 [P. 70 in Ed. 9] of your textbook. Explain
a. how the transaction would work without a Letter of Credit.
b. how the transaction will work with the Letter of Credit from Buyer's Bank.
c. how the transaction differs if Seller has a bank and when the Seller does not have a bank.
d. the three purposes and roles of the Bill of Lading in this transaction.
e. how use of the Letter of Credit shifts the risk of non-payment between and among the various parties.
Be sure to explain and differentiate the different paths of the paperwork and the physical delivery of the goods.
What are the benefits of investing via international mutual funds? Answer: The benefits of investing via international mutual funds consist of: (a) Save transaction or info
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I want to see the solution that was provided in Feb 2013 for Calculate the new interest rate and excel function pv, Financial Accounting
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