Credit is a major weapon of international competition but it involves

Question

Credit is a major weapon of international competition but it involves risk.

30 Oct 2021

Answer :

Word Count : 299

The statement that "credit is a major weapon of international competition but it involves risk" is accurate. Credit can be a powerful tool for businesses to compete internationally, as it allows them to finance their operations, expand their markets, and invest in new opportunities. However, credit also involves risk, as businesses must repay the borrowed funds with interest and within a specified time frame.

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