In the field of foreign trade, the most common form of credit instrument is the

Name: In the field of foreign trade, the most common form of credit instrument is the
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Bankers' acceptance is the most common form of credit instrument used in foreign trade, as it ensures payment at a future date and reduces the risk of non-payment or default. Trust receipt, sight draft, and traveler's letter of credit are also used in foreign trade but not as commonly as bankers' acceptance.

In the Field of Foreign Trade, the Most Common Form