Recent Events Related To Trade Finance

Within the Discussion Board area, write 350–450 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

According to the World Trade Organization (WTO), a significant percentage of world trade relies on trade finance. Trade finance is trade credit and insurance guarantees, mostly of a short-term nature. The WTO is seeking to encourage the revival of complex links and networks involved in the trade finance market in order to keep finance flowing for trade, thereby mitigating at least one reason for the shrinkage of trade flows. The WTO website contains recent events related to trade finance. Discuss one of these events and its relationship to foreign investments.

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Trade finance is important since it facilitates trade across borders and enable businesses particularly the SME’s to protect the finances they require for global expansion. The latest report of the world trade organization, claims that small businesses have the capacity to secure their finances as well as credit insurance essential for their success. However, it is problematic for the small businesses in the underdeveloped countries to secure…

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