Edited sentence: According to this view, an ethnic interpetation falls apart when considered in the greater context of things (such as that other charters clearly distinguish between Serbs, Vlachs, and Bosnians or Ragusans.According to this view, the charter is a valuable document for analyzing the ethnic nature of medieval Bosnia and Dubrovnik.From the traditional Serbian point of view, the Serbs and Vlachs mentioned in the charter are ethnic designations for the people of Bosnia and Dubrovnik respectively.On the other hand, the opposing position holds that the Serbs and Vlachs are merely commercial intermediaries used between the two parties