Can you make a simple outline about "Current Challenges to International Trade by Way of the Carriage of Goods by Sea"? The outline consists of Introduction, Body, and Conclusion. Below is the sample outline for your reference. Thank you

Topic: The Efficacy of Letters of Credit in International Commercial Transactions

1. Introduction

The development of international business and the introduction of international payment methods and LC is one of those methods

2. Body

• Definition of LC
• Why LC was introduced?
• Pros and cons of using LC in global commercial transactions?
• Pros stand out of cons => efficacy of LC
• 3. Conclusion