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What are the difficulties faced by the importers on International Trade?

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Originally Posted by Unregistered

What are the difficulties faced by the importers on International Trade?

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These are the various difficulties and Risk involved in international trade-

Companies doing business across international borders face many of the same risks as would normally be evident in strictly domestic transactions. For example,

*Buyer insolvency (purchaser cannot pay);
*Non-acceptance (buyer rejects goods as different from the agreed upon specifications);
*Credit risk (allowing the buyer to take possession of goods prior to payment);
*Regulatory risk (e.g., a change in rules that prevents the transaction);
Intervention (governmental action to prevent a transaction being completed);
* Political risk (change in leadership interfering with transactions or prices); and
*War, piracy and civil unrest or turmoil;
*Natural catastrophes, freak weather and other uncontrollable and unpredictable events,

In addition, international trade also faces the risk of unfavorable exchange rate movements (and, the potential benefit of favorable movements).

what are the problems and difficulties in international trade

what are the problems and difficulties in international trade