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What are the risks in international trade?
There are a number of trade risks involved with dealing overseas, including and not limited to the following:
- Payment risks: eg. “How do I get paid?”
- Delivery risks: eg. “Will I receive the goods/services I ordered?”
- Performance risks: eg. “Will the Supplier produce the goods/services I ordered?”
- Foreign exchange risks: eg. “How do I manage a foreign exchange risk?”
- Cross border and country risks: eg. “How do I manage sovereign risk?”