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

Risks are inherent in all credit transactions but more in export transactions. The fact that the buyer may not pay either due to insolvency or for any other reason exposes the exporter to the credit risk. Credit risk may arise even in cases where the buyer's credit standing has ________ __________ _____ __________ ________ ______ ____ ____ ______ ______.
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