A draft used in international transactions: Group of answer choices is a document requesting payment. explains the conditions of a contract. is the same as a letter of credit. gives a bank guarantee to an exporter.

A document requesting payment.

Explanation:

A draft is an instrument used in the international commerce to effect payment of goods and services rendered, it can also be described as an instruction written by an exporter requesting an importer to make a certain amount of payment to his or her account in a given date.

When a draft is accepted by a business firm it is called TRADE ACCEPTANCE.

A DRAFT DIES NOT GIVE ANY GUARANTEE,IT DOES NOT CONTAIN TERMS OF CONTRACT AND IT IS NOT A LETTER OF CREDIT.

answer; measurable outcome;