[10 Mark Question , Answer appropriately ]

( note - im looking for answers for exam preperation . time very less to prepare . so im looking for short and concise , precise as well as correct points . need appropriate answer to get 10 marks . answer should be easier to understand at the same time it shouldbe worth of getting 10 marks . for eg - 10 important points = 10 marks )

{ This Question is exactly from the subject , " INTERNATIONAL FINANCE " }

QUESTION -

DESCRIBE THE MERITS AND DEMERITS OF TERMS OF TRADE.