The status of letters of credit as life blood of international commerce

Letters of credit, as the life-blood of international commerce, encounter several c problems which render the use of credit reduced sharply in some regions. However, such phenomenon does not mean letters of credit are going away. Instead, it is still a favourable payment method for international tra...

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Bibliographic Details
Main Author: Zhang, Ningning
Published: University of Liverpool 2008
Subjects:
381
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.490640