How does trade credit lead to overtrading
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The amount and the time for which a trader (firm) can obtain trade credit depends on his (its) market reputation, financial standing, its previous records, credit worthiness, etc. Since it is easily available, thus it leads to overtrading
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Answered by
1
Answer:
The amount and the time for which a trader (firm) can obtain trade credit depends on his (its) market reputation, financial standing, its previous records, credit worthiness, etc. Since it is easily available, thus it leads to overtrading.
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