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</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</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</p> Signup and view all the answers

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

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

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

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

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