MGT 370 Week 2 Discussion 2 - Letter of Credit

MGT 370 Week 2 Discussion 2 - Letter of Credit

The text describes problems exporters have with letters of credit. Since letters of credit transactions are document-based, the slightest discrepancies between documents can snag a transaction. In 200 to 300 words, describe how an organization can mitigate one risk in writing a letter of credit. Be sure to respond to at least two of your classmates’ posts.
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