In effect, the forfaiter functions both as a money market firm and a specialist in packaging financial deals involving country risk.

Name: In effect, the forfaiter functions both as a money market firm and a specialist in packaging financial deals involving country risk.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement accurately describes the role of a forfaiter. They facilitate trade finance and specialize in managing risks associated with international transactions, including country risk.

In Effect, the Forfaiter Functions Both as a Money Market