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International Trade and Letters of Credit: A Double-Edged Sword in Times of Crises

This study argues that the ability to mitigate risks associated with international trade is particularly important at times of heightened uncertainty, such as the economic crisis caused by the Covid-19 pandemic. Risk mitigation can be achieved through letters of credit (LCs), trade finance instrumen...

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Detalles Bibliográficos
Autores principales: Crozet, Matthieu, Demir, Banu, Javorcik, Beata
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8728483/
http://dx.doi.org/10.1057/s41308-021-00155-3