Risks assessment in international trade
The risks that exist in international trade can
be divided into two major groups:
Economic risks
Risk of insolvency of the buyer,
Risk of protracted default - the failure of the buyer to pay the amount due within six months after the due date, and
Risk of non-acceptance
Surrendering economic sovereignty
Political risks
Risk of cancellation or non-renewal of export or import licenses
War risks
Risk of expropriation or confiscation of the
importer's company Risk of the imposition of an import ban after
the shipment of the goods Transfer risk - imposition of exchange
controls by the importer's country or foreign currency shortages
Surrendering political sovereignty
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