[简答题]political risks

[简答题]transfer of risks

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( )全险 ( )现金价值

[填空题]A—all risks B—average
C—cash value D—certificate of insurance
E—claim F—cover
G—decreasing term insurance H—double indemnity
I—exceptions/exclusion J—insurable interest
K—limits of liability L—negligence
M—paid-up policy N—standard risks
O—whole life insurance

( )全险 ( )现金价值

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Financial Risks

Several types of financial risk are encountered in international marketing; the major problems include commercial, political, and foreign exchange risk.
(46) They include solvency, default, or refusal to pay bills. The major risk, however, is competition which can only be dealt with through consistently effective management and marketing. (47) Such risk is encountered when a controversy arises about the quality of goods delivered, a dispute over contract terms, or any other disagreement over which payment is withheld. One company, for example, shipped several hundred tons of dehydrated potatoes to a distributor in Germany. (48) The alternatives for the exporter were reducing the price, reselling the potatoes, or shipping them home again, each involving considerable cost.
Political risk relates to the problems of war or revolution, currency inconvertibility, expropriation or