1 Banker's acceptances.
a Describe how foreign trade would be affected if banks did not provide trade-related services.
b How can a banker's acceptance be beneficial to an exporter, an importer, and a bank?
2 Export financing.
a Why would an exporter provide financing for an importer?
b Is there much risk in this activity? Explain.
3 Role of factors. What is the role of a factor in inter- national trade transactions?
4 ECGD
a What is the role today of the ECGD?
b Describe the basis of the political opposition to the ECGD.