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In this video, the speaker explains the concept of a bill of lading, its types, and provides samples. The bill of lading is crucial in international trade, where a seller and a buyer, after entering a sales contract, proceed with the transaction. The shipping agent issues two types of documents: the original negotiable bill of lading, which is signed, and the non-negotiable bill of lading, which is unsigned. The speaker also references a previous video discussing payment methods in international trade, with a link provided in the description. Samples of both the negotiable and non-negotiable bills of lading are shown.