--%>
Assignment Help - homework help

International foreign and domestic trade

Explain some of the reasons why international foreign trade is difficult and risky from the perspective of exporter than is domestic trade.

E

Expert

Verified

International trade is difficult and risky for a firm as compared to the domestic trade.  In foreign trade, exporter might not be familiar with buyer, and so not know in case the importer is creditworthy.  If merchandise is exported abroad and buyer does not pay, it may become difficult, if not impractical, for exporter to have any legal recourse.  Moreover, political instability makes it risky to ship merchandise abroad to particular parts of world.

   Related Questions in Financial Accounting

  • Q : Quick establishment of the interest

    If cost advantage of the interest rate swaps might likely be arbitraged away within the competitive markets, what other explanations exists in order to describe quick establishment of interest rate swap market?

    		•
  • Q : Current and capital account deficit

     Exhibit 3.3 states that in year 1991, the U.S. had current account deficit and consecutively a capital account deficit. Explain about how this may occur?

    		•
  • Q : Standard costing is a separate system

    Wheather it is correct or not that standard costing is a separate system in accounting?

    		•
  • Q : Short Term Solvency Ratio Define the

    Define the term Short Term Solvency Ratio?

    		•
  • Q : Psychological Health Psychological

    Psychological Health: The employees have noted in their survey feedbacks that their peer relations are based on trust and are healthy. But the nature of work is such that they see lot of suffering. Their interaction with clients at times is not health

    		•
  • Q : Describe Long Holding Period Describe

    Describe Long Holding Period briefly with suitable example?

    		•
  • Q : Letter of Credit What do you mean by

    What do you mean by Letter of Credit?

    		•
  • Q : Income Tax and Investment Calculator

    Introduction Your task is to produce a Java program, which can calculate income tax and investment growth based on the yearly income/salary of an individual. Below the details are descr

    		•
  • Q : Applications of Matlab in Embedded

    Do you face difficulty with embedded system problems using matlab? Do you require help in embedded system assignment and project? We have team of tutors who are highly qualified and practiced in embedded system using matlab. They have vast industrial knowledge of matlab. W

    		•
  • Q : Function of budgetary control play in

    Describe the function of budgetary control play in cost control? And also write down the requirements for its triumphant execution?

    		•