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Explain traditional trade payment and financing systems

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Reference no: EM132942836

PAD runs a high-margin business positioned at the luxury end of the market and commands a significant premium for its items and the Palate-Able Delights experience. Should PAD absorb some incremental costs in exchange for added security and opt to stay with traditional trade payment and financing systems? Is a confirmed documentary letter of credit still the best option for PAD?

Reference no: EM132942836

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