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ISBN: 1861520360Издательство: International Thomson Business Press
This new book offers an up-to-date insight into forfaiting, an important trade finance tool currently experiencing a rapid resurgence in popularity. The book reveals the mechanics of an 'a forfait' transaction, how the risks are measured, different practical applications and likely future developments. It will be required reading for all exporters and bankers looking to use the forfait market to profit from trade with 'risky' countries or emerging markets.