Assignment:
Q1. What are the basic problems arising in international trade financing, and how do the main financing instruments help solve those problems?
Q2. The different forms of export financing distribute risks differently between the exporter and the importer. Analyze the distribution of risk in the following export-financing instruments:
a. Confirmed, revocable letter of credit
b. Confirmed, irrevocable letter of credit
c. Open account credit
d. Time draft, D/A
e. Cash with order
f. Cash in advance
g. Consignment
h. Sight draft
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.