What are the advantages and disadvantages of using export credit insurance rather than a letter of credit for exporting
Please answer one of the following questions: An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export credit insurance rather than a letter of credit for exporting (a) a luxury yacht from California to Canada, and (b) machine tools from New York to Ukraine? How do you explain the popularity of countertrade? Under what scenarios might […]