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C1. Overview (Principal Players: chủ thể tham gia quan hệ TTQT…
C1. Overview
- Principal Players: chủ thể tham gia quan hệ TTQT
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collect, packing (if any), transport to port of shipment, and deliver
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financing trade, protecting aganst risks, providing in4
manufacturers (for the factories)/merchants and traders (for resale, for processing)/consumers/...
financing (without recourse, greater risks, take over administrative operations for exporters
manufacturers/traders/comodity producers/... deliver/sell goods/services to buyers quickly and safety and receive the payment ASAP
- Government agencies and intternational financial institutions: providing assistance
- collections are difficult and expensive
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political
E: intervention by central bank in importer's country to delay/ prevent the release of foreign exchange
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6.Relationship
- Vs unaffliated, unknown party
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- vs un affiliated known party
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final choice will depend on the relative market position of the various currencies, along with the competitive of parties
.1. convertible/2. actively traded/ 3. trading volumes/4. market sability/5. interbank/6. forward market/7. volumes and time period
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- payment after delivery (credit)
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- min risks/2. min cost of payment/3. min cost of financing transaction
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