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- W2168451010 abstract "Credit guarantees are important marketing tools in the world wheat market, both to develop new markets and to compete in existing markets. Governments of exporting countries typically assume the default risk of importing countries when offering export credit guarantees. This has the effect of reducing the importer’s cost of financing and may increase trade. Defaults represent an expected cost of the guarantees to the creditor and have led to questions concerning the effectiveness of guarantee programs. Credit is also offered by competing countries which dissipates the effect of additionality and makes credit an essential component of exporter strategy in selected markets." @default.
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- W2168451010 date "1997-01-01" @default.
- W2168451010 modified "2023-09-26" @default.
- W2168451010 title "ADDITIONALITY OF CREDIT GUARANTEES FOR U.S. WHEAT EXPORTS" @default.
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