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Role of EXIM Bank, Reserve Bank of India, Exchange Control in India - FEMA, FEDAI
Define risk in international trade context.
Unplanned event with financial consequences causing loss or reduced earnings due to uncertainty.
What is buyer risk in foreign trade?
Exporter faces non-acceptance, non-payment, quality disputes, buyer insolvency or default.
What is seller risk in foreign trade?
Importer faces non-shipment, poor quality goods, delay after advance payment.
What does shipping risk cover?
Intermediary risks: mishandling, damage, theft, delay by shippers, handlers, transporters.
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