(a) Explain in details how the risks involved with international trade may be reduced. (20 marks)...

(a) Explain in details how the risks involved with international trade may be reduced.

(b) In what ways can the exporter receive payment after the importer’s bank accepts the exporter’s time draft and it becomes a banker’s acceptance? [30 marks] (in details please)

Expert Solution

a.

jeff jeffy answered 1 year ago

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