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How to Reduce Financial Risks in Exports?
Author Name : Dr. Madhu.C.S
ABSTRACT
Increased globalization has created intense competition for export markets. Importers and exporters are looking for any competitive advantage that would help them to increase their sales. Export financing is often a key factor in a successful sale. Contract negotiation and closure are important, . Many small exporters are moving out of the business because of the financial risks associated with international trade. This paper is an attempt to give some solutions to major financial risks.
Keywords: Pre-shipment , Post-shipment ,L/C, ECGC, Cash in advance, DP, DA