Solved: Export-import bank of the united states, Macroeconomics

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Export-import bank of the united states

You have a $100,000 sale in Egypt.

Question 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.

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

Please cite all references.

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Macroeconomics: Export-import bank of the united states

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