xplain the types of finance available for international business. Letter of Credit :Describe what a letter of credit is..


Unit 5 (P2) International Business.
(P2) Explain the types of finance available for international business.
Letter of Credit
Describe what a letter of credit is.
Who will rely on a letter of credit?
Why use a letter of credit?
Describe the advantages for seller and advantages for buyer.
Finally, list other types of letters of credit.

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