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Objective
After studying this unit, you should be able to:
1. Explain the meaning of credit risk;
2. Describe various types of policies issued by ECGC;
3. Explain the principles of ECGC operation;
4. Describe the procedure of taking a policy;
5. Explain the procedure for making a claim; and
6. Explain the financial guarantee provided by ECGC
Problem formulation process mainly consists of studying situation environment hypothetical solutions or actions and choice of most appropriate course of actions. These studies can
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1. How do advertisers try to use group influence? Can you find any specific examples and describe the relevant theory of group behavior and influence? 2. “Consumer behavior is irra
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Standard Policies The ECGC has designed four types of Standard Policies to provide cover for shipment made on short-term credit. i) Shipments (Comprehensive Risks) Policy
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explain the opportunity costs theory and nature of the opportunity costs ?
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