Research Homework
a) Visit the International Trade Administration website. What programs are available to help exporters? No need to turn in anything on this question, just familiarize yourself with the available resources to the exporters.
b) What is a Letter of Credit?
c) Visit the website of a major bank of your choice (think global). Provide the details answering the following:
i) What are the requirements for getting a letter of credit?
ii) What services does the bank provide in regard to letters of credit?
iii) What type of training can you get in letters of credit from these banks?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.