1. Discuss the following aspects in detail and give your examples:
a. Correspondent vs. branch banks and global business
b. Documents against payments(DA) and its process.
2. What is hedging? Discuss in detail and illustrate your examples.
3. Discuss what is L/C and its advantages in detail and demonstrate your examples.
4. Why U.S. dollar is weak? Discuss at least three (3) situations and show your examples.