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a. Discuss some of the reasons why international trade is more difficult and risky from the exporter's perspective than is domestic trade.
b. What three basic documents are necessary to conduct a typical foreign commerce trade/foreign international trade? Briefly discuss the purpose of each.
c. Discuss the various ways the exporter can receive payment in a foreign trade transaction after the importer's bank accepts the exporter's time draft and it becomes a banker's acceptance.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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