Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

) In a typical international trade transaction, the ____. exporter should obtain

ID: 1210344 • Letter: #

Question

) In a typical international trade transaction, the ____. exporter should obtain a letter of credit to initiate transactions importer and exporter maintain an account with the same bank importer's bank sends a letter of credit to the exporter's bank importer's bank sends the draft and bill of lading to the exporter's bank ) In a typical international trade transaction, the ____. exporter should obtain a letter of credit to initiate transactions importer and exporter maintain an account with the same bank importer's bank sends a letter of credit to the exporter's bank importer's bank sends the draft and bill of lading to the exporter's bank

Explanation / Answer

importer's bank sends a letter of credit to the exporter's bank

If you don't understand anything, then comment, I will revert back on the same.

And If you liked the answer then please do review the same. Thanks :)