1. What is export factoring? What services does a factor perform for an exporter?
2. What is meant by a document discrepancy? How might one arise? How can it be resolved?
3. How is a documentary credit created, and what are its advantages to exporters and importers?
4. What is a confirmed documentary credit? Why would an exporter demand a confirmed, irrevocable documentary credit? What are the costs of using a documentary credit?
5. What is the most straightforward way for an ex- porter to finance its accounts receivable?
6. What is a banker's acceptance? How is one created? Whose liability is it?
7. What is the difference between an eligible and an ineligible banker's acceptance, and what are the eli- gibility requirements?
8. How is a buyer credit arranged?
9. What is forfaiting? How does it work? Why did it arise?