Magazine article Business Credit

Latin American Credit Guarantees

Magazine article Business Credit

Latin American Credit Guarantees

Article excerpt

Latin American Credit Guarantees By Eric MacDonald Graydon Educational Press, New York, 1997. $295

Available through the NACM Bookstore "Throughout the 1990s, Latin America has experienced an explosion in trade with the rest of the world. Emerging giants such as Brazil and Mexico have captivated foreign attention and capital with their expanding consumer and industrial markets. The exporter attempting to grow the international trade volume of his or her company has been unable to ignore this vast potential south of the American border.

This flourishing interest has engendered both increased competition from domestic and foreign sources as well as added complications experienced when trading into a linguistically and legally varied marketplace. Exporters are being asked to take risks in extending credit in order to get their products in competitive position within Latin America."

These are the words of Eric MacDonald in his introduction to this useful book from Graydon. …

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