Export-import bank of the united states


You have a $100,000 sale in Egypt.

Problem 1. Please explain the advantages and disadvantages associated with using:

a) a letter of credit,

b) a bill of exchange (or draft),

c) and the Export-Import Bank of the United States.

Problem 2. Explain which one you would use for the sale in Egypt.

Problem 3. Please cite all references.

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Macroeconomics: Export-import bank of the united states
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