Why is L/C favored in international trade?请用英语回答.

来源：学生作业帮编辑：作业帮分类：英语作业时间：2024/05/29 02:39:24

Because L/C is a normal payment term in the international trade, and there is a third party--bank between the seller and the buyer, the third party--bank will stand in the middle to make the international trade business with safe and fair. So this is why L/C is favored in international trade.

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