Commodity Exchanges- Since its inception
These exchanges became a legal entity to enforce rules & procedures for trading standardized commodity contracts; these markets trade trillions of dollars daily.
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International Trade Finance
80-90% of world Trade relies on Trade Finance, says WTO. Trade finance can be used to protect international trade from risks such as currency fluctuations, issues of non-payment, the creditworthiness of the parties involved.
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Escrow is significant in Execution of International Trade of Agricultural Commodities portraying the sincerity & willingness of Exporter & Importer.
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