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In this video, the presenter explains what a bill of lading is, its types, and provides samples. The discussion begins with the role of a bill of lading in international trade, illustrated with a diagram showing the seller and buyer who have a sales contract for goods. The presenter refers to a previous video that covers different payment methods in international trade. After the contract is signed and goods are shipped via a shipping agent, two sets of documents are issued: the original negotiable bill of lading and the non-negotiable bill of lading. The negotiable bill of lading is signed, while the non-negotiable version is not, with samples of both provided in the video.