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How does a letter of credit operate?
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What documents are typically required to be obtained by the seller under the terms of a letter of credit?
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What security does a bank involved in a letter of credit transaction have in return for the sum advanced?
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What is a shipper?
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Is the shipper always the seller or exporter of the goods?
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What is a freight forwarder?
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By what other name are freight forwarders sometimes known?
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Whose agent is a freight forwarder?