MAJOR RISKS FOR FEA SUBJECTS AT INTERNATIONAL PAYMENTS AND THE WAYS TO MINIMIZE THEM
Journal Title: Регіональна економіка та управління - Year 2018, Vol 2, Issue 20
Abstract
The article explores the concept of international payments of the subjects of foreign economic activity, sets major risks that arise during foreign payments, describes relevant and effective ways to reduce these risks. Besides, the article considers the letter of credit as the most universal form of international payments, sets its advantages and disadvantages. It also analyzes conditions of modern Ukrainian banks that provide the letter of credit. It specifies the way of minimizing the major risks.
Authors and Affiliations
Yanina Dobrovolska
Keywords
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