ICC Global Survey on Trade Finance Quiz
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Questions and Answers

How can appropriate credit limits be helpful for sellers?

  • To finance international trade projects
  • To provide legal advice
  • To assess the size of a contract (correct)
  • To create financial statements

What do credit insurers provide to businesses?

  • Credit ratings (correct)
  • Market analysis reports
  • Legal advice
  • Financial statements

Which of the following is an example of a provider of credit insurance mentioned in the text?

  • Central bank
  • Chamber of commerce
  • Coface (correct)
  • Ex-Im Bank

What type of projects do Export Credit Agencies (ECAs) usually finance?

<p>Medium or long-term projects (D)</p> Signup and view all the answers

Why is it important for businesses in some countries to publish their financial statements?

<p>To comply with legal obligations (A)</p> Signup and view all the answers

How can credit limits help sellers in assessing customer orders?

<p>To determine if a customer can pay for goods (B)</p> Signup and view all the answers

What can the absence of published financial statements suggest about a company?

<p>Carelessness or poor management (A)</p> Signup and view all the answers

What does an Export Credit Agency (ECA) typically provide in addition to financing?

<p>Country reports (D)</p> Signup and view all the answers

What purpose do credit reports serve when provided by credit insurers?

<p>Assessing the company's credit standing (C)</p> Signup and view all the answers

Which organizations are involved in providing credit insurance according to the text?

<p>Aon, Euler Hermes and Atradius (B)</p> Signup and view all the answers

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