1342_IM_Word_docsM22_EITE1342_12E_IM_C22课件.docVIP

Chapter 22International Trade Finance (Questions 22-1. Unaffiliated Buyers. Why might different documentation be used for an export to a nonaffiliated foreign buyer who is a new customer, as compared with an export to a nonaffiliated foreign buyer to whom the exporter has been selling for many years? A new nonaffiliated buyer presents a credit risk for the exporter because the exporter may be unable to assess the credit worthiness of that importer due to geographic distance, language, culture or lack of a record of payments to other suppliers. A letter of credit, accompanied by other documen