On an export contract on which you extend trade credit


Question: On an export contract on which you extend trade credit, assume that you have the choice of denominating the invoice in your currency, the buyer's currency or a third currency such as the U.S. dollar. Which would you prefer? Why? Why do you think that the majority of international transactions are denominated in U.S. dollars?

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Finance Basics: On an export contract on which you extend trade credit
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