题目
请用英语回答,几句就好
Although Letters of Credit are more expensive than documentary payment methods such as D/P,they are often used in international trade.Explain the reason they are used.
Although Letters of Credit are more expensive than documentary payment methods such as D/P,they are often used in international trade.Explain the reason they are used.
提问时间:2021-03-10
答案
firstly,it is a international practice that both transaction should use the L/C to payment for each other.
secondly,L/C is a payment that pay the money to seller both by the bank,which can validly avoid both transaction to break a contract.So the trade procedure is according by Bank credit,these are the reasons why Letters of Credit are so popular in international trade.
secondly,L/C is a payment that pay the money to seller both by the bank,which can validly avoid both transaction to break a contract.So the trade procedure is according by Bank credit,these are the reasons why Letters of Credit are so popular in international trade.
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