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Global Business Today 7th Edition by Charles Hill
Edition 7ISBN: 9780078137211Global Business Today 7th Edition by Charles Hill
Edition 7ISBN: 9780078137211 Exercise 1
An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export credit insurance rather than a letter of credit for exporting (a) a luxury yacht from California to Canada, and (b) machine tools from New York to Ukraine?
Explanation
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a) A luxury yacht: Not a lot of people b...
Global Business Today 7th Edition by Charles Hill
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