如 nport/ Export Trade Financing o Minimizing the exposure of financial risk Trade financing using a Letter of Credit(L/C) 3 Foreign U.S Bank Bank 6&7 Product Foreign exported U.S Company Company Copyright 2001 by Harcourt, Inc. All rights reserved 11-13Copyright © 2001 by Harcourt, Inc. All rights reserved. 11-13 Foreign Bank U.S. Company U.S. Bank Foreign Company 1 2 3 4 5 6&7 Product exported Import / Export Trade Financing Minimizing the exposure of financial risk Trade financing using a Letter of Credit (L/C)