Research and Explain what is a letter of credit and say how it used in respect to international trade and international finance

Q: What is National Savings Certificate? A. Short-term U.S. government debt obligation B. A fixed-…

A: The correct answer is B. A fixed-income investment scheme:One such investment product that the…

Q: Difference between financial market and financial institution and give examples in local and…

A: The term "finance" usually falls into three categories. Finance covers all tax systems, government…

Q: explain how syndicated loans are used in international markets.

A: Syndicated Loans: A syndicated loan can be described as a funding provided to a corporation , a…

Q: hat is international fin

A: Introduction : In simple words, Financial institutions, often known as banking establishments, are…

Q: Should a country’s government assist private businesses in the conduct of international trade…

A: Yes , a country’s government can assist private businesses in the conduct of international trade by…

Q: explain clearly what a foreign exchange market is, it's importance and effects on the business world…

A: Foreign exchange market, organization that exchanging one nation's currency for another. Since the…

Q: Describe about the trade credit procedure.

A: Trade: Trade refers to buying or selling goods and service in exchange of money or money’s worth.

Q: Describe and give examples of international financial markets.

A:

Q: Essay about the importance of credit to country

A: Credit- Credit means loans. Credit plays a vital role in the economic development of any country.…

Q: What is a Letter of Credit? Please discuss how a Letter of Credit work. Why is Letter of Credit…

A: What is a Letter of Credit A letter of credit, sometimes known as a "credit letter," is a guarantee…

Q: Why do financial institutions engage in foreign exchange trading activities? Discuss the motivations…

A: The objective of this question is to understand the reasons why financial institutions engage in…

Q: What are the issues associated with international banking and finance transaction that require…

A: As a part of the international financial system, banking and financial institutions are important…

Q: Why is granting credit riskier in an international context?

A: The term credit refers to selling goods on credit by the business top its customers i.e. instead of…

Q: How do you determine and calculate return and risk on foreign exchange transactions

A: Foreign exchange transactions are those transactions which are undertaken between citizens of one…

Q: Describe the major actors in the foreign exchange market and their roles

A: The foreign exchange market is also known as the Forex, it is a market for the changing home…

Currency Market

The currency market, also known as the foreign exchange market, consists of currencies worldwide. This market determines the rate of all currencies based on the buying and selling of forex. It is an over-the-counter market. It is the largest and most liquid market based on trade volume.