Assignment:
Q1. Describe the different steps and documents involved in exporting motors from Kansas to Hong Kong using a con- firmed letter of credit, with payment terms of 90 days sight. What alternatives are available to the exporter to finance this shipment?
Q2. Explain the advantages and disadvantages of each of the following forms of export financing:
a. Bankers’ acceptances
b. Discounting
c. Factoring
d. Forfaiting
Q3. What are the potential advantages and disadvantages of countertrade for the parties involved?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.