Explain the benefits to importers and exporters of using a, Financial Management

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Explain the benefits to importers and exporters of using a

1. Explain the benefits to importers and exporters of using a letter of credit and a bank-accepted draft in an international trade transaction.

2. In 1992, the Brazilian market rose by 1,117 percent in cruzeiro terms, while the cruzerio fell by 91.4 percent in dollar terms. Meanwhile, the U.S market rose by 8.5 percent. Which market did better?

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Financial Management: Explain the benefits to importers and exporters of using a

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