Titlebook: Export Credit Insurance and Guarantees; A Practitioner‘s Gui Zlatko Salcic Book 2014 Palgrave Macmillan, a division of Macmillan Publishers

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A Critique of Polarity and Sovereignty,or purchasing goods or services from the ECA country. When providing a direct loan, the ECA acts as lender while the foreign buyer acts as borrower. The loan transaction between the ECA and the foreign buyer is similar to a loan transaction between a bank and a foreign buyer, described in Chapter 8.

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Ortrud Kubaschewski von Goldbeckr other risks covered by ECAs. The term ‘premium’ comes from the insurance business, which has many similarities with the ECA cover. However, the premium charged by ECAs does not have the same purpose as premiums charged by insurance companies. The purpose of the ECA premium is to create financial r

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https://doi.org/10.1007/978-3-8349-8407-4US dollar, euro, Japanese yen, British pound and Swiss franc. These currencies are also called hard currencies. Payment in other currencies such as the currency of the country of export may be agreed upon if the currency is stable and acceptable to both contractual parties. However, the exchange rat

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IS=Tafel für Luft und Verbrennungsgasebuyers also know the importance of security and are often willing to provide security for payment of their credits. In most export credit transactions, security is provided in the form of a non-possessory pledge over the asset purchased on credit terms, but it can come in other forms and in other as

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How an Adviser/Consultant Can Best Add ValueThe risks covered by ECAs are usually defined in ECA standard terms as political and commercial risks. However, in reality, ECAs actually cover the risk of non-payment of a credit caused by political and commercial events.