Trade credit is free credit
Give explanation: Trade credit is free credit.
Expert
Trade credit is not free. It has a cost. Who bears that cost depends on the terms of the transaction between the grantor and the recipient of the trade credit.
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Explain the factors that responsible for the recent surge in international portfolio investment (IPI)?The recent surge in international portfolio investments reflects globalization of financial markets. In particular, several countries have dere
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The United States contain experienced continuous present account deficits since the early 1980s. What do you think are the foremost reason for the deficits? What would be the consequences of continuous U.S. present account deficits?The present a
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