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International business involves the management of international risk. To minimize risks commercial parties utilize independent guarantees and standby letters of credit.
(a) Discuss and compare independent guarantees and standby letters of credit, their use and significance in international trade.
(b) Discuss and compare the URDG (Uniform Rules for Demand Guarantees) and the ISP98 (International Standby Practices). Which would you advise a commercial party to use in international trade, and provide reasons?
(c) The United Nations Convention on Independent Guarantees and Standby Letters of Credit (Convention) has been adopted by eight nations. Compare the operation of the Convention with the URDG and the ISP98. Should [Australia] ratify the Convention?
Describe and explain the relationship between expected inflation rates in two countries and their interest rate differential according to the PPP theory. Answer: Expected pric
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Question: (a) Illustrate the differences between inter and intra industry trade. (b) Foreign Investors generally tend to adopt a two-stage process when evaluating count
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discuss the possibility of trade if factor endowment are identical and tasde is different
I need to use the gravity model to analyse the effects of the euro on tradeflows. is this something u can do?
Q. The United States, as it began its long and unbeaten growth in the early 19th Century, consciously promoted domestic production through such activities as tariffs, Clay's Ameri
Suppose that industry 1 is monopolistically competitive, with a CES sub-utility function: U(c1,c2 ) = c1? + c?2 , 0 We let the marginal costs be denoted by c1(w,r), and the fixe
How can I present the theories step by step in an assignment?
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