A key challenge facing export and import financing is:
A)limited market opportunities.
B)lack of export assistance.
C)lack of qualified EMCs.
D)the lack of trust.

Question

Quizplus · Accepted Answer

The lack of trust is a key challenge in export and import financing. Without trust, lenders may be hesitant to provide financing, and sellers may be hesitant to extend credit to buyers. This can make it difficult for businesses to access the capital they need to engage in international trade. Building trust through transparent communication and reliable transactions is essential for overcoming this challenge.

A Key Challenge Facing Export and Import Financing Is