(a) Pre-shipment finance and Post-shipment finance 

Pre-shipment finance and post-shipment finance are two forms of financing that businesses can use to manage their working capital and cash flow in international trade. Both types of finance are designed to provide short-term credit to exporters and are available from banks and other financial institutions.

Pre-shipment finance is a form of financing that is provided to exporters to finance their production process before they ship the goods to their customers. This type of financing is used to cover the cost of raw materials, labor, and other expenses that are incurred during _______ ____ _________ ______ ________ _________ __________ _________ _____ ____ _________ ___.
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