In terms of using a third party in international trade, title to the products is given to a bank by the exporter in the form of a document known as a

In terms of using a third party in international trade, title to the products is given to a bank by the exporter in the form of a document known as a



A. merchandise bill.


B. bill of lading.


C. bill of exchange.


D. draft.


E. letter of credit.



Answer: B. bill of lading


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