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Advantages and disadvantages of documentary credit as compared to other methods of trade finance?

disadvantage of documentary credit payment method of international trade advantage and disavantage of advance payment method of international trade advantage and disavantage of bills of collection payment method of international trade


What is the difference between commerce and finance?

commerce relates to the trade activities, exchange of commodities etc while finance deals with budgeting, accounting,bookkeeping etc finance is a subject in commerce. commerce is business,marketing,accounting,controlling these activities while finance is focussed function related to inflows n outflows


What are the different types of export finance?

TYPES OF EXPORT FINANCE 1.Export Import Bank 2.IMF- [Indian Monetary Fund] 3.World Bank 4.WTO-[World Trade Organisation] 5.IBRD-[International Bank Of Reconstruction Development] 6.ITO-[Indian Trade Organisation] 7.IFC-[International Finance Corporation]


What is the difference between Deal and Trade in Finance?

Both are same. Trade is a business of buying and selling commodities. Deal is to distribute the trade among several recipients. Let us consider the below example. Trade value is 1000 it can be splitted into n number of deals. Then each deal value = trade value/n


What are the advantages of International finance?

Due to current changes brought by globalization and trade liberalization, international finance is useful because it helps to: 1. understand the consumption pattern of a particular economy 2. understand where and how to invest 3. understand the production (by Elia Ngaa Njiku)

Related Questions

What are the effect of international finance on domestic trade?

What are the effect of international finance on domestic trade?


What is the difference between international trade and external trade?

International trade is trade between two or more countries, while external is a trade in another country.


Difference between international trade and local trade?

International trade is trade between people or businesses in different countries. Local trade is trade between businesses and individuals in the same local area.


What has the author Leonard Waxman written?

Leonard Waxman has written: 'Finance of international trade' -- subject(s): Export credit, International finance, International trade


What is the difference between international trade and regional trade?

Because It's true and stop cheating


How has the growth in international trade and multinational corporations been responsible for growing importance of the study of international finance?

How has the growth in international trade and multinational corporations been responsible for growing importance of the study of interantional finance


How has the growth of international trade and multinational corporations been responsible for growing importance of the study of international finance?

How has the growth in international trade and multinational corporations been responsible for growing importance of the study of interantional finance


Who provided the capital to finance international trade?

Slave traders


What is spread in international finance?

A lot of things are spread in international finance: capital, risk, dividends, interest payments, fraud, corruption, international trade, instability, ... the list is long.


What are the key differences between a local currency and a base currency in the context of international trade and finance?

In international trade and finance, a local currency is the currency used in a specific country, while a base currency is a widely accepted currency used as a standard for comparison. Local currencies are used for transactions within a country, while base currencies are used as a reference point for exchange rates and pricing in international trade.


What has the author Peter D Briggs written?

Peter D. Briggs has written: 'Principles of international trade and payments' -- subject(s): Export credit, International finance, International trade


What is the difference between tourism from international trade?

nothing they are boyh the same but if you really want to know i dont kow