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trade financing

John O'Connell


Extract

The majority of goods traded across borders are financed in one way or another. Most importers of goods will not release funds until they are certain the goods are delivered in good condition. This requires a system of financing to be in place to handle the enormous demand for what are normally short‐term funds. Financing is conducted by the exporters themselves, export development banks and agencies in various countries, and by governments, individual investors, and commercial banks throughout the world. ... log in or subscribe to read full text

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