The Role of Letters of Credit in Foreign Trade Financing
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Date
1958-06
Authors
Kageyama, John Atsushi
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
Foreign trade is a system of exchanging
goods and services among the nations. Fundamentally there
is little difference between foreign trade and domestic
trade. The existence of political and geographical boundaries. However, give rise to the difference of customs,
traditions, languages, rules and regulations, markets, currencies and so on. These differences create a number| of
difficult problems in financing foreign trade, such as obtaining credit information, integrity, and management ability of customers in a foreign country.
Description
124 pages
Keywords
commercial documentary letters, sales contracts, legal aspects