Screenings International Financial Technological Economic Socioeconomic Sociocultural Political Legal Distributive Competitive Physical Labor Financial Domestic
Evaluating Risks Corporate Risk – Cash in advance – Letters of credit – Documentary collections – Open account (insurance) Country Related Risk – S.W.I.F.T. – UCP/ICC – Incoterms
Evaluating Risk (Continued) Country Risk (continued) – Political – Transfer – Convertibility – Documentary – Economic Risk Foreign Exchange Risk Transaction Translation Cultural Risk
Risk Formula Political Risk + Economic Risk Country Risk Commercial = Business Risk Transaction Risk