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select one Explain problems exporters have with letters of credit (since letters of credit transactions are document-based, the slightest...

select one

Explain problems exporters have with letters of credit (since letters of credit transactions are document-based, the slightest discrepancies between documents can snag a transaction).  

What steps are involved in an international transaction that involves factoring.Give an example.

How can electronic transactions be used to replace the cumbersome features of letters of credit.

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