Why do those people think it has such a bright future

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1. Several people claim that letters of credit will soon be replaced by the concept of TradeCard. What is this product, and why do those people think it has such a bright future?

2. There are three types of hedges that a firm can use to protect itself against transaction exposure. Choose one of them and explain it. Give an example as well to illustrate.

Reference no: EM131305810

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Why do those people think it has such a bright future : Several people claim that letters of credit will soon be replaced by the concept of TradeCard. What is this product, and why do those people think it has such a bright future? There are three types of hedges that a firm can use to protect itself agai..

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