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  3. discuss two major risks in foreign trade and how t

Discuss two major risks in foreign trade and how to manage them.

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Economics

Discuss two major risks in foreign trade and how to managethem.

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Industries engaged in foreign trade have to deal with threats not only globally but also other threats of business growth such as ethics shipping intellectual property credit currency and much more Such risks can impede the smooth running of the company and hence adequate steps must be taken to minimize its impact Here are 6 challenges that businesses engaged in international trade usually face and the successful ways to handle them Credit Risk The risk associated with not receiving an account receivable is counterparty or credit risk There are various ways businesses can protect    See Answer
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